Tag: gold predictions
Analysts’ Gold Predictions for 2024 Are Promising!
As the year drew to a close, we witnessed a dovish turn from the Fed on US interest rates. Added to this are ongoing geopolitical risks. Additionally, central bank purchases…
Analysts Announced Their January Predictions for Gold! Is a Record Coming?
Spot gold set the year’s record daily closing price on Wednesday. Following this, the precious metal continued to trade at higher levels. Some analysts predict the strength will likely extend…
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…
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…
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 Are the Next Tiers for Gold? 12 Wall Street Analysts Announced!
Gold, which remained horizontal in the first half of the week, experienced a strong rise after the Fed’s interest rate decision. This news pushed gold prices above $2,000. The shiny…
How Will the Gold Price React?
The gold price is hovering near $1,976, its lowest level in the last three weeks. The yellow metal continues to remain under pressure following the US CPI data that came…
Gold Slipped from the Top! 15 Wall Street Analysts Announce Their Predictions
Gold gave back most of its recent gains in the first week of December. It achieved its first monthly close above $2,000 last Friday. After hitting an all-time high of…
What to Expect for Gold Price?
According to some analysts, next week will be an important test for the gold market. Because a hawkish Fed could put downward pressure on the gold price, which is already…
The Bull Market is Just Getting Started!
While it has moved well away from the all-time highs hit two days ago and Bitcoin has garnered attention, the real bull market for gold is just beginning, according to…
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,…
Gold Climbed to the Top! Analysts Reveal Next Targets
The record closing price in November was not enough for gold investors. Thus, the strong momentum has pushed prices to an all-time high ahead of the weekend. Bulls may send…
15 Wall Street Analysts Announced!
The gold price remained above $2,000 throughout the week. It subsequently reached all-time highs on Friday afternoon. The precious metal also posted its first monthly close above the 2,000 level,…
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…
Gold Will Shine in Summer; This Level is the Target!
Steel will be the strongest trade in the first quarter of 2024, according to Bank of America’s metal analysts. Additionally, base metals will rise in the second half of the…
Gold Price Moves High: Is a Breakout Near?
The gold price is holding above $2,000, hovering near its highest level in the last six months. Shiny metal continues to attract new attention. While the market has significant momentum…
What is Required for the Gold Price to Reach ATHs?
Gold prices managed to regain $ 2,000 and complete the second week in a row in the positive zone. After this, it started the new week with an increase. However,…
13 Wall Street Analysts Announced Their Predictions for Gold Prices!
Gold prices have surpassed $2,000 multiple times this week. Additionally, prices hovered around these levels Friday afternoon as U.S. traders emerged from their Thanksgiving stupor and returned to metals markets.…