China's gold Archives - Page 32 of 37

The silver market has rallied rather significantly during the Monday session, as it looks like we are now racing toward the highs again. Silver has rallied rather significantly during the trading session on Monday, as we continue the big move from Friday. As we broke above the $24 level, we have seen a lot of buyers…

Gold

November 28, 2023408Views 0Likes 0Comments

Goldman says ‘shine is returning’ for gold as investors ramp up bets on rate cuts

Gold prices on Monday rose to a more than six-month high as the U.S. dollar weakened and investors firmed up bets that the Federal Reserve is done with interest rate hikes. Spot gold was up 0.52% at $2,012.39 per ounce at 1:47 p.m. London time, but reached a May 16 high of $2,017.82 earlier in the…

Gold

November 28, 2023490Views 0Likes 0Comments

Gold, silver hit multi-week highs on weak USDX, bullish charts

Gold and silver prices are moderately higher near midday Monday, but down from their daily highs. February gold hit a four-week high and March silver a three-month high today. The precious metals are seeing buying support from a slumping U.S. dollar index that is trading near last week's three-month low. The technical postures for both metals…

Gold

November 27, 2023346Views 0Likes 0Comments

XAU/USD climbs above $2,000 on the weaker Dollar, focus on the US GDP, PCE data

Gold price (XAU/USD) holds above $2,000 during the early Asian trading hours on Monday. Yellow metal's rally is fueled by expectations that the US Federal Reserve (Fed) would not raise the interest rate further. At press time, the gold price is trading near $2,001, losing 0.04% on the day. Meanwhile, the US Dollar Index (DXY), an…

Gold

November 24, 2023373Views 0Likes 0Comments

Gold prices below $2,000, but seasonals remain favorable

Although gold remains stuck below $2,000 an ounce, some analysts remain optimistic that all-time highs are an achievable target by year-end or into the new year. In quiet holiday trading, spot gold prices have stabilized Thursday at an elevated level, last trading at $1,992.20 an ounce, up 0.15% on the day. Analysts are not expecting to see much of a rally…

FED Gold Platinum Silver

November 23, 2023501Views 0Likes 0Comments

Industrial Demand for Platinum Driving Significant Supply Shortfall

Gold

November 23, 2023436Views 0Likes 0Comments

Gold prices are headed for all-time highs and could eventually hit $2,500, Fundstrat says

Gold prices are headed for all-time highs, according to Fundstrat's Mark Newton. A move above $2,009.41 per ounce should lead to the $2,060-$2,080 range, he said in a note. The technical analyst also has an "intermediate target" for gold to reach $2,500. This Thanksgiving may call for a feast on gold as prices push towards all-time highs, according…

Silver Price Forecast – Silver Takes Off Again

Goldman says ‘shine is returning’ for gold as investors ramp up bets on rate cuts

Gold, silver hit multi-week highs on weak USDX, bullish charts

XAU/USD climbs above $2,000 on the weaker Dollar, focus on the US GDP, PCE data

Gold prices below $2,000, but seasonals remain favorable

Industrial Demand for Platinum Driving Significant Supply Shortfall

Gold prices are headed for all-time highs and could eventually hit $2,500, Fundstrat says

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