Gold 1 OZ (XAU=X) price eases as markets assess risks from China virus

Gold 1 OZ (XAU=X) price eases as markets assess risks from China virus

Gold 1 OZ (XAU=X) price eases as markets assess risks from China virus Gold prices fell on Wednesday, as the dollar firmed and investors assessed the risk of a global epidemic from a coronavirus outbreak from China that could have an impact on economic growth. Spot gold fell 0.3% to $1,553.27 per ounce by 0133 […]

Gold 1 OZ (XAU=X) prices end lower as coronavirus threatens China buying

Gold 1 OZ (XAU=X) prices end lower as coronavirus threatens China buying

Gold 1 OZ (XAU=X) prices end lower as coronavirus threatens China buying Gold futures on Tuesday ended lower, pressured as China, one of the commodity’s biggest buyers, faced a viral outbreak that could hurt buying of physical gold at a peak holiday period. Prices for the gold, however, pared some of their earlier losses as […]

Gold 1 OZ (XAU=X) gains on Yemen attacks

Gold 1 OZ (XAU=X) gains on Yemen attacks

Gold 1 OZ (XAU=X) gains on Yemen attacks Gold prices rose to their highest in more than a week on Monday, after a missile attack in Yemen over the weekend fanned geopolitical concerns and boosted the metal’s safe-haven appeal, while buying ahead of the Chinese New Year also lent support. Spot gold was up 0.3% at $1,560.89 per ounce […]

Gold 1 OZ (XAU=X) Momentum Shifts to Upside

Gold 1 OZ (XAU=X) Momentum Shifts to Upside

Gold 1 OZ (XAU=X) Momentum Shifts to Upside Gold futures closed higher on Friday for no obvious reason other than aggressive speculative buying. Some bullish traders claim they are buying because of political, geopolitical and economic worries. However, we’re not seeing any buying in the safe-haven U.S. Treasurys and Japanese Yen. Other traders are saying […]

Gold 1 OZ (XAU=X) price falls as investors look beyond safe-haven assets

Gold 1 OZ (XAU=X) price falls as investors look beyond safe-haven assets

Gold 1 OZ (XAU=X) price falls as investors look beyond safe-haven assets Gold slipped to an over one-week low on Tuesday as strength in equities markets and hopes for a smooth signing of the US-China phase 1 trade deal tarnished bullion’s safe-haven appeal, while palladium rose to a record high. Spot gold dipped 0.3% to […]

Gold 1 OZ (XAU=X) futures fall to their lowest finish in almost 2 weeks

Gold 1 OZ (XAU=X) futures fall to their lowest finish in almost 2 weeks

Gold 1 OZ (XAU=X) futures fall to their lowest finish in almost 2 weeks Gold futures marked a second session decline on Tuesday, settling at their lowest since Jan. 2, with strength in the U.S. stock market and a phase one U.S.-China trade deal expected to be signed this week, dulling haven demand for the […]

Gold 1 OZ (XAU=X) slips as U.S., China due to sign trade deal on Wednesday

Gold 1 OZ (XAU=X) slips as U.S., China due to sign trade deal on Wednesday

Gold 1 OZ (XAU=X) slips as U.S., China due to sign trade deal on Wednesday Gold prices fell 1% on Monday as optimism in equity markets ahead of the signing of an interim U.S.-China trade deal and lack of further escalation in Middle East tensions diminished bullion’s safe-haven appeal. The U.S.-China Phase 1 agreement is […]

Gold 1 OZ (XAU=X) slides from near 7-year peak as U.S.-Iran fears subside

Gold 1 OZ (XAU=X) slides from near 7-year peak as U.S.-Iran fears subside

Gold 1 OZ (XAU=X) slides from near 7-year peak as U.S.-Iran fears subside Gold prices slid on Thursday, retreating further from a near 7-year peak scaled in the previous session as tensions between the U.S. and Iran eased following conflict over the U.S. killing of an Iranian general.Spot gold fell 0.5% to $1,547.72 per ounce […]

Gold 1 OZ (XAU=X) Prices Rise Above $1,600 on Simmering U.S.-Iran Tensions

Gold 1 OZ (XAU=X) Prices Rise Above $1,600 on Simmering U.S.-Iran Tensions

Gold 1 OZ (XAU=X) Prices Rise Above $1,600 on Simmering U.S.-Iran Tensions Gold prices hit $1,613 an ounce on Jan 7, triggered by reports that Iran launched more than a dozen missiles at two U.S. military bases in Iraq. This was in retaliation to the U.S airstrike on direct orders from President Donald Trump that […]

Oil and Gold 1 OZ (XAU=X) prices rise amid US-Iran uncertainty

Oil and Gold 1 OZ (XAU=X) prices rise amid US-Iran uncertainty

Oil and Gold 1 OZ (XAU=X) prices rise amid US-Iran uncertainty As geopolitical tensions mount between the U.S. and Iran, oil prices spiked on Monday and gold prices surged in response to the uncertainty. U.S. officials confirmed Qassem Soleimani, the leader of Iran’s Quds Force, was killed late Thursday in a U.S. airstrike that targeted […]

Gold 1 OZ (XAU=X) Analyst warn of a near-term market top in prices

Gold 1 OZ (XAU=X) Analyst warn of a near-term market top in prices

Gold 1 OZ (XAU=X) Analyst warn of a near-term market top in prices Gold futures on Monday marked their highest settlement since April of 2013, as the killing last week of a top Iranian military commander, Qassem Soleimani, reverberated through financial markets, momentarily upending appetite for assets considered risky and boosting traditional haven assets like […]

Gold 1 OZ (XAU=X) Surge Following US Attack on Iranian General

Gold 1 OZ (XAU=X) Surge Following US Attack on Iranian General

Gold 1 OZ (XAU=X) Surge Following US Attack on Iranian General Gold prices surged on Friday following President Trump’s decision to order an airstrike that killed a powerful Iranian military leader. The preemptive action put pressure on riskier assets as Tehran vowed to avenge the death of General Qassem Soleimani. The action is likely just […]

Gold 1 OZ (XAU=X) prices could test $1,540/oz next

Gold 1 OZ (XAU=X) prices could test $1,540/oz next

Gold 1 OZ (XAU=X) prices could test $1,540/oz next Gold prices edged higher on Thursday as the dollar hovered near a six-month low hit on New Year’s Eve amid bets U.S. economic outperformance could be coming to an end. GMT, after having touched their highest since Sept. 25 at $1,525.20 on Tuesday. Bullion ended 2019 […]

Gold 1 OZ (XAU=X) Prices Rise as the Dollar Drops

Gold 1 OZ (XAU=X) Prices Rise as the Dollar Drops

Gold 1 OZ (XAU=X) Prices Rise as the Dollar Drops Gold prices moved higher as the dollar continued to ease, and an Iranian-backed militia tried to storm the US Embassy in the Iraqi capital Tuesday. This comes from an intensifying backlash against the US after it conducted deadly strikes on the group. US short term […]

Gold 1 OZ (XAU=X) closes near 3-month high, clinches longest win streak in about 6 months

Gold 1 OZ (XAU=X) closes near 3-month high, clinches longest win streak in about 6 months

Gold 1 OZ (XAU=X) closes near 3-month high, clinches longest win streak in about 6 months Gold prices clinched a 5-day win streak, its longest in about 6 months, while settling near a three-month high as investors got ready for the end of 2019 with one day remaining in trade. Bullion’s value has been partially […]

Festive price breakout heralds a glittering 2020 for Gold 1 OZ (XAU=X)

Festive price breakout heralds a glittering 2020 for Gold 1 OZ (XAU=X)

Festive price breakout heralds a glittering 2020 for Gold 1 OZ (XAU=X) While Western investors revelled in the festive season, the price of gold made a decisive breakout from the trading range that stopped its summer advance. This should mean an early resumption of the bull market for the yellow metal in new year, albeit […]

Gold 1 OZ (XAU=X) price marks highest finish in more than 8 weeks

Gold 1 OZ (XAU=X) price marks highest finish in more than 8 weeks

Gold 1 OZ (XAU=X) price marks highest finish in more than 8 weeks Gold futures settled above $1,500 an ounce Thursday, marking a third session of gains in a row and the highest finish for the precious metal since the end of October. Bullish gold investors say bullion has benefited in recent trade on doubts […]

Gold 1 OZ (XAU=X) price barely flinches to impeachment noise, and change is unlikely

Gold 1 OZ (XAU=X) price barely flinches to impeachment noise, and change is unlikely

Gold 1 OZ (XAU=X) price barely flinches to impeachment noise, and change is unlikely The gold price has remained steady throughout the past trading week, with another unusually narrow trading range noted between $1,477 and $1,481 as of time of writing. Unless trading volumes pick up in the lead up to Christmas, it appears that […]

Gold 1 OZ (XAU=X) price steady as trade deal doubts offset positive US data

Gold 1 OZ (XAU=X) price steady as trade deal doubts offset positive US data

Gold 1 OZ (XAU=X) price steady as trade deal doubts offset positive US data Gold prices were little changed on Wednesday as mixed messages on the US-China trade deal countered positive economic data out of the United States. Spot gold was trading at $1,475.55 per ounce by 0118 GMT. US gold futures were flat at […]

Gold 1 OZ (XAU=X) prices continued to show a lack of direction

Gold 1 OZ (XAU=X) prices continued to show a lack of direction

Gold 1 OZ (XAU=X) prices continued to show a lack of direction Gold prices continued to show a lack of direction during trading on Tuesday, extending the lackluster performance seen in the previous session. After slipping $0.70 to $1,480.50 an ounce on Monday, gold for February delivery inched up $0.10 to $1,480.60 an ounce. The […]

Gold 1 OZ (XAU=X) finding some support from weakness in the U.S. dollar but weighed down by strength in bond yields

Gold 1 OZ (XAU=X) finding some support from weakness in the U.S. dollar but weighed down by strength in bond yields

Gold 1 OZ (XAU=X) finding some support from weakness in the U.S. dollar but weighed down by strength in bond yields Gold prices made modest moves in both directions Monday, finding some support from weakness in the U.S. dollar but weighed down by strength in bond yields, as investors assessed a phase one trade deal […]

Gold 1 OZ (XAU=X) gains as lack of details on trade deal lifts demand

Gold 1 OZ (XAU=X) gains as lack of details on trade deal lifts demand

Gold 1 OZ (XAU=X) gains as lack of details on trade deal lifts demand Gold prices rose on Friday as investors remained cautious about the developments in the United States and China trade negotiations, while political uncertainties in the world’s biggest economy further boosted the metal’s safe-haven appeal. Spot gold was up 0.5% at $1,477.09 […]

Gold 1 OZ (XAU=X) prices are likely to rise if Trump says yes to the tariffs

Gold 1 OZ (XAU=X) prices are likely to rise if Trump says yes to the tariffs

Gold 1 OZ (XAU=X) prices are likely to rise if Trump says yes to the tariffs Gold is trading marginally higher on Thursday shortly before the regular session opening. The market is trading inside yesterday’s range which suggests investor indecision and impending volatility. The indecision is being fueled by uncertainty over the outcome of the […]

Gold 1 OZ (XAU=X) are edging higher boosted by lower demand for risky assets

Gold 1 OZ (XAU=X) are edging higher boosted by lower demand for risky assets

Gold 1 OZ (XAU=X) are edging higher boosted by lower demand for risky assets Gold futures are edging higher on Tuesday, boosted by lower demand for risky assets. Treasury yields are also trading lower which is pushing down the U.S. Dollar, driving up demand for dollar-denominated gold. Worries over the looming U.S. tariffs on Chinese […]

Gold 1 OZ (XAU=X) a trade through $1456.60 will change the main trend to down

Gold 1 OZ (XAU=X) a trade through $1456.60 will change the main trend to down

Gold 1 OZ (XAU=X) a trade through $1456.60 will change the main trend to down The main trend is up according to the daily swing chart. However, momentum has been trending lower since the formation of the closing price reversal top on December 4 at $1489.90. A trade through $1456.60 will change the main trend […]

Gold 1 OZ (XAU=X) short term momentum has turned negative

Gold 1 OZ (XAU=X) short term momentum has turned negative

Gold 1 OZ (XAU=X) short term momentum has turned negative Gold prices dropped on Friday in the wake of a stronger than expected US jobs report. Both non-farm payrolls and the unemployment rate beat expectations, while consumer sentiment came in stronger than expected. US yields moved higher following the solid jobs number, and the dollar […]

Rising Global Debt Ensures that Pullback in Gold 1 OZ (XAU=X) Price Rally is Just a Pause

Rising Global Debt Ensures that Pullback in Gold 1 OZ (XAU=X) Price Rally is Just a Pause

Rising Global Debt Ensures that Pullback in Gold 1 OZ (XAU=X) Price Rally is Just a Pause Rising Global Debt Ensures that Pullback in Gold Price Rally is Just a Pause November marked the third month of consolidation for gold bullion and gold equities. Gold bullion closed the month at $1,464, holding above the $1,450 […]

Long-term negative correlation between the dollar, Gold 1 OZ (XAU=X) prices takes a break

Long-term negative correlation between the dollar, Gold 1 OZ (XAU=X)  prices takes a break

Long-term negative correlation between the dollar, Gold 1 OZ (XAU=X) prices takes a break Gold prices surged this year due to greater uncertainty in the global macroeconomic environment. By August, the price briefly regained the $1,500/ounce price point and stood at $1,460/ounce in late November. Over the longer term, gold prices and the dollar tend […]

Central Banks Buy More Gold 1 OZ (XAU=X) – Higher Gold Prices in the Near Future?

Central Banks Buy More Gold 1 OZ (XAU=X) – Higher Gold Prices in the Near Future?

Central Banks Buy More Gold 1 OZ (XAU=X) – Higher Gold Prices in the Near Future? Central banks moved from being net sellers to net buyers of gold in 2010. This big picture trend marks a sea change. Central banks had been dumping gold since the 1960s, in an effort to suppress the price and […]

Gold 1 OZ (XAU=X) prices seen supported by trade tensions, Brexit

Gold 1 OZ (XAU=X) prices seen supported by trade tensions, Brexit

Gold 1 OZ (XAU=X) prices seen supported by trade tensions, Brexit GOLD PRICES are expected to remain at about $1,450 per ounce (oz) in the next three to six months into 2020, supported by the precious metal’s safe-haven value in the face of the US-China trade war, Brexit, and unrest in various parts of the […]

Big banks optimistic for Gold 1 OZ (XAU=X) price

Big banks optimistic for Gold 1 OZ (XAU=X) price

Big banks optimistic for Gold 1 OZ (XAU=X) price Even if the gold price is taking a breather, many experts are certain that a new price increase is imminent. The trade dispute between China and the USA has eased somewhat. As a result, the price of this precious metal has fallen by around seven percent […]

Gold 1 OZ (XAU=X) investors eyeing consumer confidence and on U.S.-China trade talks

Gold 1 OZ (XAU=X) investors  eyeing consumer confidence and on U.S.-China trade talks

Gold 1 OZ (XAU=X) investors eyeing consumer confidence and on U.S.-China trade talks Gold futures rebounded modestly on Tuesday, as investors kept a close eye on consumer confidence and on U.S.-China trade talks. Gold for December delivery (GCZ19) on Comex gained $3.40, or 0.2%, to settle at $1,460.30 an ounce, after opening largely flat, while December […]

Gold 1 OZ (XAU=X) investors’ appetite for riskier assets increase

Gold 1 OZ (XAU=X) investors’ appetite for riskier assets increase

Gold 1 OZ (XAU=X) investors’ appetite for riskier assets increase Gold fell for a fourth straight session on Monday, hitting a two-week low as investors’ appetite for riskier assets increased on renewed optimism that a resolution to the protracted U.S.-China trade conflict will soon be reached. U.S. gold futures settled 0.5% lower at $1,456.90 per […]

Gold 1 OZ (XAU=X) Late Break Through $1461.30 Could Trigger Acceleration to Downside

Gold 1 OZ (XAU=X) Late Break Through $1461.30 Could Trigger Acceleration to Downside

Gold 1 OZ (XAU=X) Late Break Through $1461.30 Could Trigger Acceleration to Downside Gold futures are trading slightly lower late in the session on Friday. Rising U.S. Treasury yields helped push up the U.S. Dollar, driving down demand for dollar-denominated gold. The catalyst behind the jump in yields was a pair of industry reports that […]

Barrick is the Big News in Gold

Barrick is the Big News in Gold

Canadian mining giant Barrick Gold has bought Africa-focused rival Randgold Resources to create a global industry champion worth $18.3 billion, the pair said on Monday. The blockbuster all-share deal was described as a merger but is effectively a takeover because Barrick investors will own a majority 66.6-percent stake. Randgold shareholders will hold the rest. The […]

Gold: China and Russia Vs the USD

Gold: China and Russia Vs the USD

The gold accumulated by China and Russia could be seen as part of a strategy to move away from international trade denominated in US dollars, according to Singapore’s BullionStar precious metals expert Ronan Manly. Manly exclusively told RT that there is a shift occurring regarding the two countries building up their gold reserves, to perhaps […]

Great Year for Gold

Great Year for Gold

Great Year for Gold The price of gold is up 13 percent since January and is on target for its best-performing year since 2010. It’s driven by a weaker US dollar and safe-haven buying prompted by global political uncertainties. Spot gold was up 0.2 percent, trading at $1,297.39 an ounce as of 11:20 GMT on […]

BRICS are Taking Control of the Gold Market

BRICS are Taking Control of the Gold Market

BRICS are Taking Control of the Gold Market BRICS cooperation in the gold market was first unveiled in April by the First Deputy Chairman of Russia’s Central Bank, Sergey Shevtsov, during a visit to China. “We (the Central Bank of the Russian Federation and the People’s Bank of China) discussed gold trading,” he said. “The […]