Even as markets watch gold prices fall into the low 1830s as the fourth quarter gets underway, interest rate history favors gold bugs in the medium and long term, according to the latest precious metals report from Heraeus. “The gold price tends to rise following the first cut of US interest rate cycles,” the analysts write.…

The gold market has room to fall further and even test support at $1,800 an ounce after falling below $1,900 for the first time since March; however, any short-term weakness does not change the long-term fundamental bullish outlook for the precious metal, according to one market analyst. In an interview with Kitco News, Ole Hansen, head of commodity…

Gold spot tumbles as Wall Street closes, but earlier printed a six-month low of $1857.82, as US Treasury bond yields skyrocketed, a headwind for the yellow metal. Nevertheless, the XAU/USD trimmed some of its losses as US bond yields retraced. At the time of writing, the non-yielding metal trades at $1866.44 after hitting a daily…

Gold jumped 1% on Friday, helped by a weaker dollar and safe haven buying after United Auto Workers union kicked of strikes at three automakers in Detroit, while hopes around a likely pause in U.S. interest rate hikes lent further support. Spot gold was up 0.7% at $1,924.27 per ounce by 1:56 p.m. EDT (1756 GMT).…