 As volatile trading continues, gold climbs again above $1,960. On Wednesday, the gold price barely changed as the markets braced themselves for a Federal Reserve meeting, while copper prices continued
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In the immediate term, gold finds support above $1,940, and a further decline appears likely. FUNDAMENTAL OVERVIEW The price of gold has temporarily found support around $1,943.00, but further declines
Gold Gains as US Treasury Yields Dip and Debt Deal Vote Looms. Introduction: Gold prices experienced a modest increase, rising by 0.33% to settle at 60198, as the yield on
Gold continues to rise from a two-month low and crosses $1,950 FUNDAMENTAL OVERVIEW The price of gold picks up some buyers at the 100-day Simple Moving Average (SMA) and makes
Despite moderate US Dollar strength, gold remains near its monthly low. FUNDAMENTAL OVERVIEW During the early European session on Tuesday, the price of gold declines back to its lowest point
Gold Prices Slide as US Debt Ceiling Discussions Weigh on Market Sentiment. Gold prices faced downward pressure in yesterday’s trading session, settling down by -0.23% at 60241, as market participants
GOLD TECHNICAL ANALYSIS: WEEKLY CHART In the weekly chart, gold is trading in up channel. Gold is currently trading above 20&50 SMA. RSI is in buying zone, which shows bullishness.
Will gold prices reach $3,000 per ounce in 2023? Data is the new oil, according to a common saying. But in 2023, data will unquestionably be the new gold. The
Gold Prices Remain Steady as Markets Await Fed’s Interest Rate Decision. In early Asian trade on Tuesday, gold prices showed little movement and remained well below key levels as market
As Treasury yields decline, gold holds its comeback gains below $2,000. FUNDAMENTAL OVERVIEW The sustained selling in US Treasury bond yields amid risk-off markets is aiding the gold price’s recovery