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 […]

Gold 1 OZ (XAU=X) Prices Surge on Surprise Fed Rate Cut

Gold 1 OZ (XAU=X) Prices Surge on Surprise Fed Rate Cut

Gold 1 OZ (XAU=X) Prices Surge on Surprise Fed Rate Cut Gold prices surged higher on Tuesday as the Federal Reserve surprised market participants with a 50-basis point interest rate cut. The Fed has not performed an inter-meeting cut since 2008 during the great financial crisis. The Fed pointed to the uncertainty over the coronavirus […]

Gold 1 OZ (XAU=X) jumps, stocks slide after Fed’s rate cut

Gold 1 OZ (XAU=X) jumps, stocks slide after Fed’s rate cut

Gold 1 OZ (XAU=X) jumps, stocks slide after Fed’s rate cut Global equity markets slid on Tuesday and the yield on 10-year U.S. Treasuries fell below 1% for the first time after the Federal Reserve cut interest rates to shield the U.S. economy from the impact of the fast-spreading coronavirus. Gold prices surged and the […]

Gold 1 OZ (XAU=X) Central Banks Still Reluctant to Call for Rate Cuts

Gold 1 OZ (XAU=X) Central Banks Still Reluctant to Call for Rate Cuts

Gold 1 OZ (XAU=X) Central Banks Still Reluctant to Call for Rate Cuts Gold prices are trading higher on Thursday after a late pick-up in demand the previous session following the test of a one-week low. After a surge to its highest level in seven years on Monday, prices have drifted mostly sideways to lower. […]

Gold 1 OZ (XAU=X) price action suggests investor indecision

Gold 1 OZ (XAU=X) price action suggests investor indecision

Gold 1 OZ (XAU=X) price action suggests investor indecision Gold futures are trading nearly flat on Wednesday, but inside yesterday’s range as investors continue to assess the potential damage from the coronavirus outbreak on the global economy. The price action actually suggests investor indecision. Remember that gold is an investment and not a safe-haven asset […]

Gold 1 OZ (XAU=X) falls from 7-year high on profit-taking

Gold 1 OZ (XAU=X) falls from 7-year high on profit-taking

Gold 1 OZ (XAU=X) falls from 7-year high on profit-taking Gold prices fell 1% on Tuesday as investors chose to pocket profits after the metal hit a seven-year high in the previous session, although growing fears over a spike in new coronavirus cases outside of China capped bullion’s losses. FUNDAMENTALS * Spot gold was down […]

Gold 1 OZ (XAU=X) Hope, Fear and Greed Driving Prices Higher

Gold 1 OZ (XAU=X) Hope, Fear and Greed Driving Prices Higher

Gold 1 OZ (XAU=X) Hope, Fear and Greed Driving Prices Higher Gold gapped higher on Monday after reports showed the coronavirus outbreak was spreading around the world, threatening lives and the global economy. G20 finance ministers and central bankers declared in a statement over the weekend that current global economic growth remains slow with the […]

Gold 1 OZ (XAU=X) Breaks Out to Fresh 7-Year Highs

Gold 1 OZ (XAU=X) Breaks Out to Fresh 7-Year Highs

Gold 1 OZ (XAU=X) Breaks Out to Fresh 7-Year Highs Gold prices hit fresh 7-year highs rising above 1,623 and settling near 1,619. This comes despite a surge in the US dollar which nearly hit 100 on the dollar index for the first time since 2012.  Historically, as the dollar increases in value, gold prices […]

Gold 1 OZ (XAU=X) Markets Show Strength

Gold 1 OZ (XAU=X) Markets  Show Strength

Gold 1 OZ (XAU=X) Markets Show Strength Gold markets have initially pulled back a bit during the trading session on Thursday but found enough support just above the $1600 level to turn around and go higher. There are plenty of concerns around the world when it comes to growth, and that of course helps gold. […]

Gold 1 OZ (XAU=X) Markets Break Barriers

Gold 1 OZ (XAU=X) Markets Break Barriers

Gold 1 OZ (XAU=X) Markets Break Barriers Gold markets rallied significantly during the trading session showing signs of strength again as we have broken above the $1600 level. By doing so, the market looks as if it is ready to continue going higher, perhaps breaking above the most recent high just above that level. If […]

Gold 1 OZ (XAU=X) Markets Continue To Look Bullish

Gold 1 OZ (XAU=X) Markets Continue To Look Bullish

Gold 1 OZ (XAU=X) Markets Continue To Look Bullish Gold markets have continued to look very bullish over the last several weeks, and at this point it looks as if the market is trying to get towards the $1600 level. The $1600 level above continues to offer plenty of resistance as it has been the […]

Gold 1 OZ (XAU=X) Prices Rally Ahead of US Holiday Weekend on Virus Fears

Gold 1 OZ (XAU=X) Prices Rally Ahead of US Holiday Weekend on Virus Fears

Gold 1 OZ (XAU=X) Prices Rally Ahead of US Holiday Weekend on Virus Fears Gold prices moved higher on Friday as concerns over the coronavirus cases, and how it might erode global growth helped increase the risk premium in the capital markets. Gold which is considered a safe haven asset moved higher. Bonds rallied weighing […]

Gold 1 OZ (XAU=X) Markets Rally To Show Signs Of Strength Again

Gold 1 OZ (XAU=X) Markets Rally To Show Signs Of Strength Again

Gold 1 OZ (XAU=X) Markets Rally To Show Signs Of Strength Again Gold markets rallied a bit during the trading session on Thursday, reaching towards the $1580 level, an area that has attracted a little bit of attention recently, but longer-term it’s likely that the market is going to try to get to the $1600 […]

Gold 1 OZ (XAU=X) continues to trade sideways

Gold 1 OZ (XAU=X) continues to trade sideways

Gold 1 OZ (XAU=X) continues to trade sideways Gold prices edged lower on Wednesday and continue to trade sideways. Prices appear to be turning over, as concerns over the coronavirus subside. The dollar surged higher breaking out to fresh 4-month highs which are generating headwinds for gold prices. US yields moved higher and riskier assets […]

Gold 1 OZ (XAU=X) trading weaker despite doubts

Gold 1 OZ (XAU=X) trading weaker despite doubts

Gold 1 OZ (XAU=X) trading weaker despite doubts Gold futures are trading lower early Tuesday after yesterday’ rally drove the market to its highest level in a week. The precious metal is trading weaker despite doubts about how quickly China’s factories could get back to work given that the coronavirus continues to spread and deaths […]

Gold 1 OZ (XAU=X) futures post first loss in 4 sessions

Gold 1 OZ (XAU=X) futures post first loss in 4 sessions

Gold 1 OZ (XAU=X) futures post first loss in 4 sessions Gold futures settled lower on Monday, easing back after posting gains in each of the last three sessions, as strength in the U.S. stock market, the dollar and bond yields dulled have demand from the metal. April gold GCJ20, -0.45% fell $5.50, or nearly […]

Gold 1 OZ (XAU=X) Breakout Over $1595.50 Could Trigger Acceleration into $1619.60

Gold 1 OZ (XAU=X) Breakout Over $1595.50 Could Trigger Acceleration into $1619.60

Gold 1 OZ (XAU=X) Breakout Over $1595.50 Could Trigger Acceleration into $1619.60 Gold closed higher on Friday as concerns of an economic slowdown arising from the coronavirus outbreak kept the precious metal underpinned. Helping to generate the support was another plunge in U.S. Treasury yields and a steep drop in the U.S. Dollar against a […]

Gold 1 OZ (XAU=X) consolidates as uncertainty lingers

Gold 1 OZ (XAU=X) consolidates as uncertainty lingers

Gold 1 OZ (XAU=X) consolidates as uncertainty lingers Gold prices attempted to move higher and break out following news that the World Health Organization said the coronavirus is a global health emergency. This is a rare designation that helps the international agency mobilize financial and political. The announcement comes just hours after the U.S. confirmed […]

Gold 1 OZ (XAU=X) traders continue to weigh the spread of coronavirus cases and its potential impact on the global economy

Gold 1 OZ (XAU=X) traders continue to weigh the spread of coronavirus cases and its potential impact on the global economy

Gold 1 OZ (XAU=X) traders continue to weigh the spread of coronavirus cases and its potential impact on the global economy Gold futures eased back from earlier highs on Wednesday, as traders continue to weigh the spread of coronavirus cases and its potential impact on the global economy. The moves for the metal come ahead […]

Gold 1 OZ (XAU=X) Likely to be Bid as Coronavirus Fears Intensify

Gold 1 OZ (XAU=X) Likely to be Bid as Coronavirus Fears Intensify

Gold 1 OZ (XAU=X) Likely to be Bid as Coronavirus Fears Intensify Gold prices are trading steady at the mid-session on Monday. The market is being supported by a drop in U.S. Treasury yields and lower demand for risky assets. Earlier in the session, gold jumped 1% to a near-three-week high as growing concerns that […]

Gold 1 OZ (XAU=X) markets continued to absorb the potential effects of the coronavirus that is spreading throughout China

Gold 1 OZ (XAU=X) markets continued to absorb the potential effects of the coronavirus that is spreading throughout China

Gold 1 OZ (XAU=X) markets continued to absorb the potential effects of the coronavirus that is spreading throughout China Gold prices moved higher on Friday as the markets continued to absorb the potential effects of the coronavirus that is spreading throughout China. A second case was uncovered in the United States ahead of the weekend. […]

Gold 1 OZ (XAU=X) plenty of support near the $1550 level

Gold 1 OZ (XAU=X) plenty of support near the $1550 level

Gold 1 OZ (XAU=X) plenty of support near the $1550 level Gold markets pulled back a bit during the trading session on Thursday, as we continue to see plenty of support near the $1550 level. At this point, the market looks likely to see value hunters come back in every time we dip. Gold markets […]

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 […]