Tag: gold analysis
“Bullish Cross!” What course will the gold price follow in the new year?
The gold price has achieved a 14% annual gain in 2023. The shiny metal had a head start on the first trading day of 2024. Gold does not have difficulty…
Analyst Released the Road Map of the Gold Price until 2030!
The Fed’s interest rate hike has ended. According to market analyst AG Thorson, gold is poised to hit an all-time high. Metals and miners are likely to pull back briefly…
Where is the Gold Price Heading? Analysts Announced Critical Levels!
Gold price tested above $2,085, the highest level in the last three weeks. Although it later lost altitude, it managed to carry its earnings momentum to the fifth day in…
‘With Firm and Confident Steps!’ What’s on the Cards for the Gold Price?
Holiday trade pushed gold higher at a time when global markets were closed. Low Treasury yields and the dollar are an upside catalyst for the gold price. Additionally, geopolitical tensions…
What to Expect from 2024 for Gold Prices?
The revised GDP, along with the PCI inflation index released Friday, increased investors’ optimism that the Federal Reserve would cut interest rates by a larger amount than indicated on the…
ANZ Bank Announces 2024 Forecasts for Gold Prices!
The gold market has witnessed a number of major global events throughout 2023 that will greatly impact its value. Chief among these were the banking crisis and geopolitical tensions. Gold…
Gold Investors Should Pay Attention to These!
Are you looking for ways to be prepared for future uncertainties? Morgan Stanley strategists say the solution for some may be investing in precious metals like gold. They also point…
Gold Price Goes to These Levels!
Gold is attracting some dip buying on a softer risk tone and a modest USD decline. According to analyst Haresh Menghani, the fundamental backdrop for the gold price is in…
These Levels are on the Table for Gold Prices!
Gold prices tested a multi-day high of $2,048 on Tuesday. However, it pulled back on Wednesday and is gaining ground near $2,030. The US Dollar is licking its wounds along…
Investors Are Looking for Clues for the Gold Price: Analysts Comment!
As we approach the end of the year, gold investors are eagerly awaiting economic indicators and clues from the Federal Reserve. In this environment, the gold price consolidates its position…
What will it do in the short and medium term?
Spot gold opened the Sunday evening session with great momentum. In this move, it shattered key resistance levels and the previous high to reach the all-time high of $2,148.99. However,…
ANZ Bank Announces 2024 Gold Price Predictions: What Levels?
The gold price is currently showing remarkable resilience. It is consistently trading near its seven-month high. This trend stems from investor expectations ahead of important economic data releases. It also…
These Levels Are on the Cards for the Gold Price!
With the decline of the dollar, the gold price is hovering around the $2,000 level. Under current conditions, economic data increases the attractiveness of gold. According to analysts, interest rate…
All Eyes on FOMC Minutes: How Will Gold Prices Be Affected?
Gold prices are hovering just below the $2,000 barrier. Thus, it is trading near its highest level in more than two weeks. Gold is ending a two-day corrective slide as…
Hot Gold Price Predictions Released: Which Levels Are on the Table?
The gold price continues its corrective decline from a ten-day high of $1,993 hit on Friday. The yellow metal is looking for clear directional momentum at the start of a…
What to Expect for US Post-CPI Gold Prices?
Soft US CPI dampened Fed rate hike expectations. Thus, the weakening dollar supported the bright metal’s outlook. As a result, gold prices started to rise. However, there are doubts about…
Critical Levels Have Been Determined for the Gold Price!
The gold price is currently at its lowest levels in the last three weeks. The shiny metal continues to trade in a challenging environment that attracts attention. This challenging environment…
“The Big Break!” Investment Strategist Expects These Levels for Gold
Gold prices pulled back in 2023 due to the strength of the US dollar. However, according to IG Wealth Management Chief Investment Strategist Philip Petursson, the yellow metal could be…
“Deep Correction!” What’s on the Cards for Gold Prices?
Gold prices continue to fluctuate near the $2,000 level. However, the shiny metal lacks the firm belief to rise to a higher level. Risk remains to the upside as US…
What to Expect for Gold Prices After Critical Data?
Gold prices rose after US labor market data came in softer than expected. Geopolitical tensions, neutral Fed bets and a weak US NFP report keep the gold price outlook optimistic.…