Gold price, at COMEX, is down 1.25% at $1910.2 per troy ounce on early Monday trades, continuing its previous week’s decline. Gold price retraced from the $2,000 – psychological mark last week and witnessed follow-through selling for the third consecutive day on Monday. While gold prices declined, the U.S....
GOLD Technical Analysis: Weekly Chart In the weekly charts, GOLD is trading in an upward channel. It is trading above all SMAs: MA (5), MA (20), and MA (50). The immediate support is at 1912 and the resistance level is at 1992. GOLD is trading in an upward channel...
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Gold price is up 0.80% at $1990.22 per ounce on mid-Monday trades. Due to concerns over the economic fallout of the Russia-Ukraine war and surging inflation, investors hoard the safe-haven assets. As a result, gold prices have soared recently against a strong dollar and rising U.S. treasury yields. The...
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GOLD Price Technical Analysis: Weekly Chart In the weekly charts, Â Gold is trading in an upward channel. Gold is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level. Gold will follow an uptrend in the coming weeks. The...
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Goldwas trading down 0.26%at $1,925.35 Gold steadied on Wednesday, with a weaker dollar offsetting pressure from higher U.S. Treasury yields as investors await the first pandemic-era U.S. Federal Reserve interest rate hike. Spot gold was flat at $1,917.91 per ounce at 1015 GMT, after touching its lowest since March...
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Gold was trading 0.20% up at $1803.40. Gold was down on Friday morning in Asia. The yellow metal was set to end the week on a down note as the dollarstrengthened and uncertainty over the U.S Federal Reserve’s timeline to start asset tapering grows. Gold Futuresedged down 0.03% to...
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Goldwas trading 0.25% down at $1,806.14. Gold was down on Tuesday morning in Asia, but remained above the $1,800 level. Hopes are also growing that the U.S Federal Reserve could delay its planned asset tapering thanks to the continuing spread of COVID-19. Gold Futures edged down 0.17% to $1,803.25...
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Goldwas trading 0.64% up at $1,795.14. Gold was up on Monday morning in Asia, with the dollarremaining near multi-month highs. However, continuing concerns about the spread of COVID-19 globally and its impact on the economic recovery turned investors towards the yellow metal. Gold Futures were up 0.28% to $1,788.95...
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Gold was trading 0.32% up at $1,731.90. Gold was up on Tuesday morning in Asia. However, the yellow metal remained close to multi-month lows, thanks to a strengthening dollarand increasing bets that the U.S. Federal Reserve will begin asset tapering sooner than expected. Gold Futuresgained 0.68% to $1,738.25 by...
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Gold was trading 0.52% down at $1,799.60. Gold was down on Friday morning in Asia, but remained near the key $1,800 mark as investors await the latest U.S. jobs report. Gold Futures were down 0.39% to $1,801.90 by 1:24 PM ET (5:24 AM GMT) and were set for their...
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