Jul 23, 2024

Gold prices fell sharply on Friday, adding to two previous days of losses, after the US dollar strengthened, putting precious metals prices under pressure.

Gold prices fell sharply on Friday, adding to two previous days of losses, after the US dollar strengthened, putting precious metals prices under pressure.:   Gold prices fell sharply on Friday, adding to two previous days of losses, after the US dollar strengthened, putting precious metals prices under pressure. Prices fe...

Nov 6, 2023

Gold lacks the juice to break through $2,000 this week, but analysts don\'t recommend shorting it

Gold lacks the juice to break through $2,000 this week, but analysts don\'t recommend shorting it: Gold lacks the juice to break through $2,000 this week, but analysts don't recommend shorting it Gold’s inability to convincingly break above $2,000 an ounce is creating some cautious sentiment in t...

Aug 2, 2023

Gold declines by over $27 as hope diminishes of a rate cut this year

Gold declines by over $27 as hope diminishes of a rate cut this year: Gold declines by over $27 as hope diminishes of a rate cut this year Gold spot and futures both declined by over 1% today as traders reacted to dollar strength and stronger yields on U.S. Treasuries. ...

Apr 19, 2023

Gold has found support above $2000 aided by the belief the Fed will pause hikes soon

Gold has found support above $2000 aided by the belief the Fed will pause hikes soon: Gold has found support above $2000 aided by the belief the Fed will pause hikes soon Over the last 10 trading days, gold futures have effectively closed above $2000 per ounce. Although on an intraday ...

Sep 11, 2022

Weak inflation will be key to a sustainable gold rally above $1,750

Weak inflation will be key to a sustainable gold rally above $1,750: Weak inflation will be key to a sustainable gold rally above $1,750 Some optimism is creeping back into the gold market as prices end the week in neutral territory, bouncing off support at $1,700 an o...