Saturday, June 15, 2024

Gold Price News: Gold Holds Steady, But Fragile

Gold Price News: Gold Holds Steady, But Fragile: Gold Price News: Gold Holds Steady, But Fragile Gold heads into Friday a little stronger but also little changed from the week’s open. It appears to have consolidated around the critical $2,312/oz l...

Saturday, February 17, 2024

Analysts doubt gold's strength next week, retail traders don't stop believing

Analysts doubt gold's strength next week, retail traders don't stop believing: Analysts doubt gold’s strength next week, retail traders don’t stop believing As expected, the gold market got its direction from inflation data this week, with the only major move being the sharp...

Monday, October 2, 2023

Analysts expect gold to kick off Q4 with gains, while retail investors are evenly split

Analysts expect gold to kick off Q4 with gains, while retail investors are evenly split: Analysts expect gold to kick off Q4 with gains, while retail investors are evenly split Gold prices underwent a dramatic selloff this week, continuing and accelerating the downtrend that began after t...

Thursday, March 16, 2023

A global rush to safe-haven moves gold higher

A global rush to safe-haven moves gold higher: A global rush to safe-haven moves gold higher Gold prices surged today with gold futures trading to a high of $1942.50. Multiple assets traded sharply higher including gold, the dollar, and U.S. Treas...

Monday, December 5, 2022

Will $1,800 bring the gold bulls back? Analysts look for follow-through buying next week

Will $1,800 bring the gold bulls back? Analysts look for follow-through buying next week: Will $1,800 bring the gold bulls back? Analysts look for follow-through buying next week rowing expectations that the Federal Reserve will slow the pace of rate hikes are creating new momentum in the ...

Wednesday, August 10, 2022

Gold pops to 4-week high on friendlier charts, weaker USDX

Gold pops to 4-week high on friendlier charts, weaker USDX: Gold pops to 4-week high on friendlier charts, weaker USDX Gold prices are moderately up and hit a four-week high in midday U.S. trading Tuesday. The yellow metal was boosted by technical buying, a w...

Saturday, April 30, 2022

Gold bounces off yesterday's lows but is unable on to hold today's highs

Gold bounces off yesterday's lows but is unable on to hold today's highs: Gold bounces off yesterday’s lows but is unable on to hold today’s highs June 2022 gold futures opened this morning (4/29/2022) at $1895.80, far above yesterday’s low of $1871. Trading to a high...

Tuesday, January 18, 2022

Gold holding $1,800 even as hedge funds liquidate bullish bets

Gold holding $1,800 even as hedge funds liquidate bullish bets: Gold holding $1,800 even as hedge funds liquidate bullish bets The gold market is holding the line above $1,800. However, it is still unable to gain any upside momentum as hedge funds pair back their ...

Tuesday, October 5, 2021

Tuesday, March 2, 2021

Gold and silver struggle leading into the EU open

Gold and silver struggle leading into the EU open: Gold and silver struggle leading into the EU open Gold and silver have moved lower overnight into pretty bearish territory. After a good start to the session yesterday, both precious metals closed low...