sell bullion Archives - Page 20 of 29

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, 2023370Views 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…

November 23, 2023498Views 0Likes 0Comments

Industrial Demand for Platinum Driving Significant Supply Shortfall

Gold

November 23, 2023431Views 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…

Gold

November 22, 2023457Views 0Likes 0Comments

Gold Price Forecast: XAU/USD soars to $2000 as US yields decline, eyes on FOMC

In Tuesday's trading session, the Gold spot price XAU/USD experienced a remarkable surge, breaking the $2,000 barrier and seeing a 1.40% increase. This notable performance was primarily driven by the downdraft in US yields, often seen as the opportunity cost of holding non-yielding metals and by a weak US dollar. Today’s highlight will be the Federal…

Gold

November 22, 2023463Views 0Likes 0Comments

Gold prices trying to hold $2,000 level as the Federal Reserve signals interest rates will remain in restrictive territory

The gold market is off its highs and struggling to hold above $2,000 an ounce as the Federal Reserve signals it will keep interest rates in restrictive territory for the foreseeable future. According to the minutes from the central bank's November monetary policy meeting, the Federal Reserve is maintaining a slight tightening bias. Although the Fed…

Gold

November 21, 2023440Views 0Likes 0Comments

XAU/USD holds positive ground near $1,980, eyes on FOMC Meeting Minutes

Gold price (XAU/USD) snaps the two-day losing streak during the early Asian trading hours on Tuesday. The lower US Treasury yields weigh on the Greenback and lift the USD-denominated gold. On a quiet day in terms of US economic data, traders await the Federal Open Market Committee (FOMC) Meeting Minutes on Tuesday, which might offer…

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

Gold Price Forecast: XAU/USD soars to $2000 as US yields decline, eyes on FOMC

Gold prices trying to hold $2,000 level as the Federal Reserve signals interest rates will remain in restrictive territory

XAU/USD holds positive ground near $1,980, eyes on FOMC Meeting Minutes

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