Gold Price Analysis: Gold inches closer to the $1,800 threshold, refreshing weekly top to $1,788.31 by the press time of early Thursday. In doing so, the yellow metal takes the bids for the second consecutive day on the weaker US dollar. Recently propelling the commodity prices are the comments from US President Joe Biden.
gold market analysis
Gold Price Forecast: Trading Zone $1803—$1758, Focus Shifts To Fed
Gold Price Forecast: Gold rebounded on Monday after finding support just under $1770, tracking the late decline in the US dollar across the board after Wall Street indices closed at record highs.
Gold Support Key $1760—$1755, Bearish Technicals
Gold support and resistance Key for today: Gold prices pulled back nearly $20 from 7-week highs of $1790 on Wednesday, finishing the day slightly in the red. The rebound in the US Treasury yields triggered the correction in the metal. Bear cross on 1H chart and RSI below 50.00 point to the downside.
Gold Price Forecast: Gold bulls, $1758 Resistance Eyed
Gold Price Forecast: Gold (Yellow Metal) is jumping back on the bids, as the US dollar resumes the corrective decline after the S&P 500 futures recorded another lifetime high.
Gold Price Analysis: You Remember Told You Buy Gold Silver, What Next?
Gold Price Analysis: According to strategists at goldsilverreports.com, gold price needs to hold below the $1766 level neighborhood to maintain its immediate downside bias.
Gold Price Analysis: Gold Bullish Above $1720 Strong Support
Gold Price Analysis: Gold built on its recent bounce from multi-month lows, around the $1,677-76 region & edged higher during the first part of the trading action on Tuesday. Bulls are looking to seize control above the $1,720 pivot.
Gold prices Trading in a Narrow Range | Gold Silver Reports
Gold prices have been trading in a narrow range since they marked a 9-month low on the 8th of March, with attempts to push higher being weakened by growing interest around bond yields, which is, in turn, keeping the US Dollar supported around 4-month highs.
Gold prices Today Jump to one-month High, Silver Rates Surge ₹3,600
Gold prices Today: Gold and silver prices surged today in Indian markets tracking firm international prices. On MCX, February gold futures jumped 1.4% to one-month high of ₹51,009 per 10 gram while silver futures surged 5.4% or ₹3,600 to ₹71549 per kg. In the previous session, gold futures had edged 0.17% after three days of up-move lower while had fallen 0.6%.
Buy Gold Silver, Don’t Sell Bullion – Buy Slowly Every Dip
Buy Gold Silver (Bullion): After receiving a wave of retail attention earlier this year and briefly trading above $30 an ounce, Silver’s mainstream media coverage is fading. But traders are still buying up the precious metal on every dip, as it is still extraordinarily cheap relative to its peers.
GOLD PRICE WEEKLY FUNDAMENTAL FORECAST – BEARISH
Gold price weekly fundamental forecast : Gold silver prices perked up a bit last week to put an end to their recent string of losses. Gold notched a gain of 1.44% while Silver edged 2.74% higher on balance.