Tag: Gold price
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…
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…
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…
Investors Will Want to Own Gold!
Investors are staying on the sidelines for now as the yellow metal is having trouble maintaining its upward momentum. However, one of Toronto’s oldest boutique investment firms says investors will…
US CPI Arrived, Bitcoin and Gold Reacted!
US CPI data, which Bitcoin and gold investors have been eagerly awaiting, has been announced. According to the BLS statement, US CPI decreased to 3.2% compared to the 3.3% forecast.…
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…
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.…
Central Banks Accumulate Gold: How Will the Price Be Affected?
Although the gold price traded with a positive trend for the second day in a row, it lacked follow-through. Positive risk tone caps gains for the shiny metal amid uncertainty…
“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…
Gold and Bitcoin Prices Reacted!
The US Federal Reserve (Fed) kept the policy rate unchanged for the second time in a row in November, keeping it constant in the range of 5.25%-5.5%. FOMC Chairman Jerome…
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…
Gold Exploded After the First ETF! Is Bitcoin Next?
Bitcoin price has increased by 110% so far in 2023. The potential approval of Bitcoin-denominated Spot Exchange Traded Funds (ETFs) has emerged as the key factor behind the recent price…
Gold Price Predictions Arrived Amidst the ‘Bullish Cross’!
The gold price slipped below the $2,000 level on Monday despite safe-haven demand from escalating conflicts in the Middle East. However, it found support at $1,990 and reached the $2,000…
How Long Will Gold Continue to Shine?
Geopolitical uncertainty caused by the chaos in the Middle East has sparked safe haven demand for gold. This development was the spark that pulled prices up from seven-month lows. But…
Is It Time for Gold or Bitcoin?
Since the escalation of tensions in the Middle East, gold is up almost 10%, while BTC is up over 20%. Since the war between Israel and Hamas began, the two…
Gold Crosses the Critical Threshold: What Do Professional Analysts Expect?
Gold this week extended its recent gains, supported by ongoing conflicts in the Middle East. However, higher bond yields continue to create headwinds for the precious metal. The yellow metal…
How Will the Gold Price React?
Gold price is hovering above 1,980 on Friday. Thus, it provides a breather after Thursday’s choppy trading. The focus is shifting to US inflation data as markets weigh a possible…
“Bull Flag Formation!” Hot Gold Price Predictions Have Arrived
The gold price is under pressure. However, it largely ignores the rise in US PMI data. On the other hand, analysts expect the gold market to see some more selling…
“Buy the Drop Trade!” Gold Price Predictions Announced
The gold price fell for the first time in the last four trading days. However, downward pressure has eased due to ongoing tensions in the Middle East and a busy…