Breakthrough again! Gold breaks through $2530 to set a new record high!
Spot gold continued its record-breaking rally as investors gained confidence that the Federal Reserve might cut interest rates in September and gold ETF purchases improved. The U.S. market hit a record high of $2,531.6 per ounce
Historic Moment: Gold Surges Above $2,500 Mark, Forging Glory!
Boosted by the weakening of the US dollar and the expectation of an imminent rate cut by the Federal Reserve, spot gold broke through $2,500/ounce, setting a new record high. It finally closed up 2.08% at $2,507.7/ounce. Spot silver finally closed up 2.31% at $29.02/ounce.
Weekly Analysis: XAU/USD Gold Insights
Gold prices have been highly volatile, trading near record highs due to various economic and geopolitical factors. Last week's weak US employment data, with only 114,000 jobs added and an unexpected rise in the unemployment rate to 4.3%, has increased the likelihood of the Federal Reserve implementing rate cuts, boosting gold's appeal. Tensions in the Middle East further support gold as a safe-haven asset. Technical analysis suggests that gold prices might break above $2,477, potentially reachin
【MACRO Insight】Monetary Policy and Geopolitics - Shaping the Future of Gold and Oil Markets!?
In the ever-evolving global economy, the intertwining influences of monetary policy and geopolitical factors are reshaping the future of the gold and crude oil markets. This spring, the gold market saw a significant uptrend unexpectedly, while Brent crude oil prices displayed surprising stability. These market dynamics not only reflect the complexity of the global economy but also reveal investors' reassessment of various asset classes.
【MACRO Alert】Federal Reserve officials are at odds over inflation and interest rates, with markets now betting on a Fed rate cut!?
After considering various perspectives from Federal Reserve officials, the latest trends in US economic data, and global central banks' monetary policy trends, the conclusion can be drawn: the future direction of US inflation and interest rate policies is fraught with uncertainty. Market expectations suggest that against a backdrop of slowing economic growth, the Fed may cut interest rates this year. Simultaneously, heightened geopolitical tensions have increased demand for safe-haven assets, le
【MACRO Insight】Gold and silver have become market hotspots, with attention and supply shortages driving the momentum!
On Monday's US session, geopolitical tensions and a weak dollar propelled gold prices, breaking through the $2355 mark, with silver briefly surging by 4%. Analysts at XStreet cautioned that speeches from the Federal Reserve and US first-quarter GDP data will impact gold trading, with the market placing lower bets on Fed rate cuts, potentially exerting selling pressure on gold. Meanwhile, Indian gold imports may decline by nearly one-fifth.
GemForex | Gold
Gold trading inside the previous day’s range - investors wait for US PMI
GemForex - Gold
Gold on the front foot this week- consolidates ahead of ECB meeting, US inflation data
GemForex汇评 - Gold
Trade Gold with GemForex
Gold vs Forex Trading: Which Should you Trade?
Gold has been a classic investment option for centuries and is commonly used as a hedge against inflation and a reliable wealth storage medium. Gold offers a good investment opportunity that is often less focused on short-term profits, making it one of the top long-term investment options. On the other hand, forex trading is the speculation on currency prices for potential profits. A forex trader can profit from up and down price movements in both short and long term.
Gold Price Forecast: XAU/USD surges above $1,800 on falling US T-bond yields
Gold advances firmly, as US-10 year T-bond yields drop ten basis points, down to 1.43%. Risk-off market sentiment boosted the prospects of the XAU/USD, as the COVID-19 omicron variant threatens to derail the economic growth. XAU/USD Technical outlook: A break above $1,807 would expose $1,815, followed by $1,834.
Gold Settles at June Highs, Refocusing Sights on $1,900
Gold bounced back from two days of losses to close at its highest levels since June, once again thumping naysayers skeptical that the yellow metal could be on the cusp of recapturing the $1.900 level sought by bullion bulls.
Weekly Fundamental Gold Price Forecast: Real Yields to Determine Next Move
Rising inflation expectations and falling long-end bond yields have given a new shine to gold prices. If real yields – nominal yields less inflation – continue to fall, gold prices will likely continue their rally.
Gold Prices Up as US Dollar and Yields Dip Ahead of US CPI. Can XAU/USD Go Higher?
GOLD, XAU/USD, US DOLLAR, US YIELDS, US CPI - TALKING POINTS
Gold Eyes Key Resistance With Fed Bets in Focus as CPI Nears
GOLD, XAU/USD, TREASURY YIELDS, FED RATE HIKE BETS, CPI – TALKING POINTS
Gold Price Analysis
After climbing above $1,770 during the European trading hours, the XAU/USD pair came under strong bearish pressure in the second half of the day and dropped to a daily low of $1,749.60.
Gold Price Today & Forecast
We have updated today's gold price to those who wish to buy the precious metal.
Gold & Silver Updates
Gold drops, silver tumbles after U.S. jobs growth tops estimates.
Gold Price Outlook
Gold Plunges into Critical Support- XAU/USD Levels.
Gold May Lose Glitter on Changed Fundamentals
Gold opened 2020 with a striking momentum, hitting as high as $1,950/ounce.