Gold Prices Today: Gold (XAU/USD) extends its intraday decline on Thursday as the latest US Personal Consumption Expenditures (PCE) inflation data reinforce expectations of a Federal Reserve (Fed) rate hike in December after the US central bank held interest rates steady at its October meeting. At the time of writing, XAU/USD trades around $4,022, down 1.11% on the day.
gold market news
Gold Price Prediction Today: Buy Gold on Dips Near ₹1,60,000 for Strong Targets
Gold Price Prediction Today: Gold prices are showing strong bullish momentum in the commodity market. Market experts are suggesting traders and investors buy gold on dips between ₹1,59,500 and ₹1,60,000 for better upside opportunities.
Gold Price Outlook: Gold Must Break $5,100 Resistance for Fresh Rally
Gold Price Outlook: Gold (XAU/USD) prices are trading near an important resistance level, and the next big move will depend on whether the metal can cross the $5,100 zone. This level is acting as a strong hurdle for bulls. Unless gold gives a clear breakout above $5,100, further upside may remain limited.
Gold Price Warning: Sellers in Trouble If Gold Breaks $5,055 Level
Gold Price Warning: If gold prices rise above $5,055, a major market upheaval could occur. This level is crucial for traders.
As soon as gold crosses this mark, there could be immense buying pressure in the market. This could lead to significant losses for gold sellers.
Gold Price Drops 1% After Profit Booking, Global Risk Concerns Cool Down
Gold prices dropped by more than 1% in the international market as investors decided to book profits after recent gains. The fall also came as geopolitical-tensions showed signs of easing, reducing demand for safe-haven assets like gold.