Tag: gold predictions
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…
Gold Prices Are Moving Towards These Levels!
Gold prices will remain around $2,200 for most of 2024, according to commodity analysts at Société Générale. That’s why analysts say gold’s rise above $2,000 is the beginning of a…
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…
Gold Price Predictions Received from 12 Wall Street Analysts!
Gold prices have risen steadily this week. Following the economic data announcements, the price of the shiny metal increased. But after last month’s strong and sudden moves, the precious metal’s…
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…
Gold Prices Will Explode Then!
The US economy stands on the brink of a significant debt spiral, according to one market strategist. This will push gold significantly higher over the next few quarters. In this…
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…
There is Critical Data for the Week: Gold Price Forecasts Announced!
Federal Reserve Chairman Jerome Powell ‘closed the door’ to prevent the dovish trend from entering the market. Therefore, gold prices will likely continue to struggle next week. Gold prices have…
“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…
“This is Just the Beginning for Gold!” What’s next?
The chaos in the Middle East seems to be limited to Gaza as Israel continues its war against Hamas. However, the stable geopolitical environment is having a negative impact on…
Gold Predictions from 15 Wall Street Analysts
Gold has traded higher and in a tight range this week. It frequently tested the $2,000 psychological price barrier throughout the week. However, gold prices failed to rise above this…
Is the Rally Over? Analysts Announced Their Gold Predictions!
The gold price’s inability to rise convincingly above $2,000 creates a cautious atmosphere in the market. Some analysts say prices may need to consolidate in the near term before the…
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.…
“Buying the Dips!” To What Levels Will the Gold Price Go?
The US Federal Reserve refrained from making a commitment on its interest rate outlook. Meanwhile, US economic data provided a mixed outlook. Following this, the US Dollar and US Treasury…
What to Expect for Gold Prices After the Fed Interest Rate Decision?
The Federal Reserve continues its tightening trend. However, gold prices remain high below $2,000. This shows that the hawkish stance of the Fed and Jerome Powell is not enough to…
How Will Gold Prices React?
Gold prices continued their third consecutive corrective decline early Wednesday. Therefore, it failed to climb above the $2,000 level once again. A typical caution prevails in financial markets ahead of…
Where Will the Gold Price Go Amid Headwinds?
According to analysts, gold needs to rise decisively above $2,000 as investors turn their attention to the Fed. Israel’s war with Hamas has so far remained within the borders of…
Gold May Reach This Peak in 2024!
Amid geopolitical problems, the price of gold has again surpassed the psychological level of $ 2,000. Although safe haven demand supports the yellow metal, rising interest rates continue to be…
World Bank and CFTC Announced Their Latest Gold Estimates!
According to World Bank analysts, geopolitical turmoil once again affected the gold market. Therefore, safe haven demand has the potential to raise prices even further. Meanwhile, the conflict in the…