Should I invest in Gold 1 OZ (XAU=X)?

Should I invest in Gold 1 OZ (XAU=X)?

Should I invest in Gold 1 OZ (XAU=X)? The price of gold has risen 20% year-to-date. Economic anxiety is running deep and financial systems are exceedingly fragile. This is boosting the price of gold to be the safe-haven asset to own. When the stock market crashed in March, the gold price also fell. This surprised […]

Gold 1 OZ (XAU=X) – Will Portfolios Become Shinier

Gold 1 OZ (XAU=X) – Will Portfolios Become Shinier

Gold 1 OZ (XAU=X) – Will Portfolios Become Shinier Gold is respected throughout the world for its value and rich history, which has been interwoven into cultures for thousands of years. Coins containing gold appeared around 800 B.C., and the first pure gold coins were struck during the rein of King Croesus of Lydia about […]

Gold price high but miners say limited by COVID-19

Gold price high but miners say limited by COVID-19

Gold price high but miners say limited by COVID-19 Gold posted a two-sided trade last week before finishing higher. Selling pressure early in the week drove the market through the previous week’s low, but the comeback rally later in the week placed the market slightly below its seven year high at $1788.80. Short-term, the gold […]

Gold 1 OZ (XAU=X) Investors Aiming for Gold

Gold 1 OZ (XAU=X) Investors Aiming for Gold

Gold 1 OZ (XAU=X) Investors Aiming for Gold Gold edged lower on Thursday as investors booked profits from sharp gains in the previous session, but prices held above the $1,700 an ounce level on the promise of more U.S. stimulus measures to ease the economic blow from the coronavirus crisis. Shayne Heffernan Trade Idea “As […]

Gold 1 OZ (XAU=X) demand in China continued to be in the doldrums

Gold 1 OZ (XAU=X) demand in China continued to be in the doldrums

Gold 1 OZ (XAU=X) demand in China continued to be in the doldrums Gold prices fell to a more than one-week low on Monday as the dollar firmed and as investors remained optimistic that the U.S. economy might reopen soon from lockdowns that were enforced to contain the novel coronavirus’ spread. Shayne Heffernan Trade Idea […]

Gold 1 OZ (XAU=X) entering a new era of zero interest rate and devaluing currencies

Gold 1 OZ (XAU=X) entering a new era of zero interest rate and devaluing currencies

Gold 1 OZ (XAU=X) entering a new era of zero interest rate and devaluing currencies Gold futures gave up earlier gains to end lower on Thursday, pressured as the U.S. dollar strengthened in the wake of a surge in weekly U.S. jobless claims, which underlined the rapid deterioration in the economy from the COVID-19 pandemic. […]

Gold 1 OZ (XAU=X) Prices Up as COVID-19 Economic Costs Rise

Gold 1 OZ (XAU=X) Prices Up as COVID-19 Economic Costs Rise

Gold 1 OZ (XAU=X) Prices Up as COVID-19 Economic Costs Rise Gold prices were up in Asia on Thursday as investors continue to calculate the economic damage from the COVID-19 pandemic. Gold futures were up by 0.33% at $1,745.70 by 9:37 PM ET (2:37 AM GMT) as the yellow metal attempted to claw back its losses from the previous session. Companies reported dismal numbers during what is turning out to be […]

Gold 1 OZ (XAU=X) climbs to over 7-year high on coronavirus-led economic worries

Gold 1 OZ (XAU=X) climbs to over 7-year high on coronavirus-led economic worries

Gold 1 OZ (XAU=X) climbs to over 7-year high on coronavirus-led economic worries A slump in China’s exports is expected to have extended into March while a collapse in oil price likely deepened a decline in imports, a Reuters poll showed, as the virus cripples the global economy and overall demand. The U.S. Congress struggled […]

Gold 1 OZ (XAU=X) Scarcity Versus the Fed’s Printing Press

Gold 1 OZ (XAU=X) Scarcity Versus the Fed’s Printing Press

Gold 1 OZ (XAU=X) Scarcity Versus the Fed’s Printing Press Gold futures hit a seven-year high on Thursday as another week of massive filings for unemployment benefits and widespread measures by the U.S. Federal Reserve to reinforce the economy strengthened demand for the precious metal as an investment. The Fed announced as much as $2.3 […]

Gold 1 OZ (XAU=X) one of the safe havens during this pandemic and beyond

Gold 1 OZ (XAU=X) one of the safe havens during this pandemic and beyond

Gold 1 OZ (XAU=X) one of the safe havens during this pandemic and beyond Gold markets have been relatively quiet during the trading session on Wednesday after peeking through the $1700 level on Tuesday. By given back gains the way the market has, it ended up forming the shooting star during the Tuesday session which in […]

Analysts forecast the Gold 1 OZ (XAU=X) to hit $1900 an ounce in weeks

Analysts forecast the Gold 1 OZ (XAU=X) to hit $1900 an ounce in weeks

Analysts forecast the Gold 1 OZ (XAU=X) to hit $1900 an ounce in weeks Gold futures rallied for the fifth consecutive day, surging above $1,700 an ounce to the highest since 2012, underpinned by ample liquidity in the wake of massive economic stimulus packages initiated worldwide to contain coronavirus epidemic as precious metals analysts forecast […]

Gold 1 OZ (XAU=X) likely to be determined by trader reaction to the downtrending Gann angle at $1667.80

Gold 1 OZ (XAU=X) likely to be determined by trader reaction to the downtrending Gann angle at $1667.80

Gold 1 OZ (XAU=X) likely to be determined by trader reaction to the downtrending Gann angle at $1667.80 Gold futures are trading at their highest level since March 26 shortly after the regular session opening on Monday. The move is being fueled by concerns over a global recession caused by the coronavirus pandemic. A relatively […]

Gold 1 OZ (XAU=X) could face additional selling pressure if employment data sours sentiment

Gold 1 OZ (XAU=X) could face additional selling pressure if employment data sours sentiment

Gold 1 OZ (XAU=X) could face additional selling pressure if employment data sours sentiment Gold prices could suffer after the minutes from the Federal Reserve’s emergency meeting on March 15 are released. That day, Chairman Jerome Powell announced that the central bank cut itstarget range for its benchmark Fed Funds interest rate to 0.00-0.25 percent. […]

Gold 1 OZ (XAU=X) Markets Gap And Go On Thursday

Gold 1 OZ (XAU=X) Markets Gap And Go On Thursday

Gold 1 OZ (XAU=X) Markets Gap And Go On Thursday Gold markets gapped to open up the session on Thursday and then shot straight up in the air. We reached towards the top of the bearish candle from Tuesday, but then pulled back slightly midday. Ultimately, this is a market that is probably being used for […]

Gold 1 OZ (XAU=X) gains as virus-led economic concerns boost safety buying

Gold 1 OZ (XAU=X) gains as virus-led economic concerns boost safety buying

Gold 1 OZ (XAU=X) gains as virus-led economic concerns boost safety buying Gold prices firmed on Wednesday as investors sought safe-haven assets after sombre U.S. economic data exacerbated fears of an economic downturn amid increasing global restrictions and lockdowns to combat the coronavirus pandemic. Spot gold was up 0.9% at $1,585.08 an ounce by 11:02 […]

Gold 1 OZ (XAU=X) continue to form a bullish pendant pattern

Gold 1 OZ (XAU=X) continue to form a bullish pendant pattern

Gold 1 OZ (XAU=X) continue to form a bullish pendant pattern Gold prices moved lower for a second consecutive trading session and continue to form a bullish pendant pattern which is a consolidation pattern that eventually refreshes higher. This follows a large surge in prices last week.  Riskier assets traction on Monday recapturing the losses […]

Gold 1 OZ (XAU=X) Prices Expected to Edge Up

Gold 1 OZ (XAU=X) Prices Expected to Edge Up

Gold 1 OZ (XAU=X) Prices Expected to Edge Up Gold prices edged up on Monday as the U.S dollar hovered near a two-week low touched in the previous session, while coronavirus lockdowns tightened across the world and stoked fears of economic damage, lifting demand for safe-haven bullion Spot gold was up 0.3% at $1,621.85 per ounce, as […]

Gold 1 OZ (XAU=X) Higher as Buyers Bet on More Stimulus after Dismal Job Loss Report

Gold 1 OZ (XAU=X) Higher as Buyers Bet on More Stimulus after Dismal Job Loss Report

Gold 1 OZ (XAU=X) Higher as Buyers Bet on More Stimulus after Dismal Job Loss Report Gold futures are trading higher late in the session on Thursday after a record surge in U.S. jobless claims weakened the U.S. Dollar and drove up the odds of further government stimulus to combat the devastating effects of the […]

Gold 1 OZ (XAU=X) Markets Test Highs Again But Fail

Gold 1 OZ (XAU=X) Markets Test Highs Again But Fail

Gold 1 OZ (XAU=X) Markets Test Highs Again But Fail Gold markets have initially tried to rally during the trading session on Wednesday but found trouble at the $1700 level again. By pulling back from there it shows just how resistive that area is, and perhaps more importantly for the future, what breaking above that level […]

Gold 1 OZ (XAU=X) Markets Spiked Again

Gold 1 OZ (XAU=X) Markets Spiked Again

Gold 1 OZ (XAU=X) Markets Spiked Again Gold markets have shot straight up in the air on Tuesday, reaching towards the $17 level. The size of the candle is quite impressive, and it does suggest that perhaps demand for gold is starting to pick up again quite drastically, but one thing that is worth paying attention […]

Gold 1 OZ (XAU=X) Markets Continue to Consolidate

Gold 1 OZ (XAU=X) Markets Continue to Consolidate

Gold 1 OZ (XAU=X) Markets Continue to Consolidate Gold markets gapped higher during the trading session on Monday to kick off the week, turned around to fall below the 200 day EMA and fill that gap again, only to turn around and rally furthermore. That’s not a huge surprise considering that there is so much in […]

Gold 1 OZ (XAU=X) Could Be Building Support Base at Long-Term Retracement Zone

Gold 1 OZ (XAU=X) Could Be Building Support Base at Long-Term Retracement Zone

Gold 1 OZ (XAU=X) Could Be Building Support Base at Long-Term Retracement Zone Gold futures edged higher on Friday as selling eased in the global equity markets and demand for the U.S. Dollar softened. Despite the small uptick in prices, gold finished lower for the week as investors sold the precious metal to raise cash […]

Gold 1 OZ (XAU=X) Will Rally Once Stocks Stabilize

Gold 1 OZ (XAU=X) Will Rally Once Stocks Stabilize

Gold 1 OZ (XAU=X) Will Rally Once Stocks Stabilize Gold futures are trading flat-to-lower shortly after the regular session opening on Thursday. The price action suggests investor indecision and impending volatility. The market has been highly correlated with stocks this week, and this relationship appears to be continuing today. Rising Treasury yields and a stronger […]

Gold 1 OZ (XAU=X) showing signs of stability just above the 200 day EMA

Gold 1 OZ (XAU=X) showing signs of stability just above the 200 day EMA

Gold 1 OZ (XAU=X) showing signs of stability just above the 200 day EMA Gold markets have suffered as of late, but the last couple of days have been going back and forth in order to perhaps show signs of stability just above the 200 day EMA which of course is a widely followed indicator. That […]

Gold 1 OZ (XAU=X) found itself on the chopping block

Gold 1 OZ (XAU=X) found itself on the chopping block

Gold 1 OZ (XAU=X) found itself on the chopping block  As financial markets around the world cratered this week, gold wasn’t much of a safe haven. While prices briefly flirted with $1,700 an ounce on Monday, selling pressure from every corner of the market spread to bullion too. In the rush to raise cash, investors […]

Gold 1 OZ (XAU=X) Prices Resume Downward March

Gold 1 OZ (XAU=X) Prices Resume Downward March

Gold 1 OZ (XAU=X) Prices Resume Downward March Spot gold prices shook off a mild move to the upside and turned sharply lower again on Thursday in another day of extreme volatility. Gold prices were down $41.30 or 2.53 percent to $1,593.50 after peaking at $1,646.40 and sinking as low as $1,560.60. Comments from U.S. […]

Gold 1 OZ (XAU=X) Prices Fall After Failure to Hold Above $1,700

Gold 1 OZ (XAU=X) Prices Fall After Failure to Hold Above $1,700

Gold 1 OZ (XAU=X) Prices Fall After Failure to Hold Above $1,700 Gold prices fell on Tuesday as risk assets stabilized in the aftermath of Monday’s rout, while higher bond yields also helped to restore the relative attractiveness of other havens than bullion. By 12 PM ET (1600 GMT), gold futures for delivery on the […]

Gold 1 OZ (XAU=X) Prices Pull Back After Breaking $1,700 on Risk Asset Meltdown

Gold 1 OZ (XAU=X) Prices Pull Back After Breaking $1,700 on Risk Asset Meltdown

Gold 1 OZ (XAU=X) Prices Pull Back After Breaking $1,700 on Risk Asset Meltdown Gold prices hit their highest levels in eight years on Monday on a fresh wave of panicked flight-to-safety trades across the world that also drove U.S. and European government bond yields to historic lows. However, after briefly breaking through the $1,700 […]

Gold 1 OZ (XAU=X) price today rockets to lifetime high on Coronavirus fears; experts still bullish

Gold 1 OZ (XAU=X) price today rockets to lifetime high on Coronavirus fears; experts still bullish

Gold 1 OZ (XAU=X) price today rockets to lifetime high on Coronavirus fears; experts still bullish Gold price today climbed its lifetime high of as much as Rs 43,912 per 10 gms on Coronavirus pandemic spread over 75 countries. The commodity market experts have said that the precious yellow metal will further go upward as […]

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