Tag: Gold price
“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…
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…
“It will be so funny!” Wells Fargo Announces 2024 Gold Forecast
Recession fears may have diminished before the new year. But one bank says the US economy has not plateaued yet. It also warns of slower-than-expected growth in the first half.…
‘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…
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…
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…
Gold or Bitcoin? Famous CEO Explains the Reason for His Choice!
Nolan Watson, president and CEO of Sandstorm Gold, says central banks are buying gold, not Bitcoin. Saying that the yellow metal has nothing to fear from Bitcoin, Watson is hopeful…
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…
This is a Harbinger of a Bigger Movement!
According to the latest report of the World Gold Council (WGC), gold’s rise above $ 2,000 in the last weeks of 2023 could herald an even bigger move in 2024.…
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…
These Regions Are Buying Opportunities, 2024 Will Be the ‘Golden Year’!
According to Graceland Investment Management President Stewart Thomson, gold prices will likely take a breather over the next week or two. However, any pullback should be viewed as a buying…
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,…
Gold Price Will Be At These Peaks After 3 Months!
Leading financial institutions such as Goldman Sachs underestimate the possibility of the United States entering a recession in 2024. However, Tavi Costa, Partner and Macro Strategist at Crescat Capital, takes…