Gold Remains Near The Crucial $1800 Level
Prior to the weekend, bulls may attempt to push WTI oil prices higher. Gold stays stationary near $1800. Despite economic fears, copper markets remain buoyant.
Written by: Winona Grant
Published on:
Gold News
Everything you need to know about gold news.
Silver Price Prediction — Silver Markets Are Atop the 50-Day Exponential Moving Average
As we approach the 50-day exponential moving average, the silver market fell during Thursday’s session.
Written by: Winona Grant
Published on:
Gold fails to hold above $1,800 as investors favor riskier assets, while WTI rises by $1.0 on soft US CPI figures
WTI increased by almost $1.0 on Wednesday as risk assets rallied more broadly as a result of lower-than-anticipated US inflation data. The announcement that oil shipments through the Druzhba pipeline have resumed and mixed US inventories limited the upside. Both copper and gold reached new one-month highs, albeit gold ultimately declined due to risk-on movements.
Written by: Winona Grant
Published on:
Forecast for Silver Prices: Following CPI Misses, Silver Markets Rallied Significantly
During the trading session on Wednesday, silver markets initially retreated slightly to test the 50 Day EMA before rallying.
Written by: Winona Grant
Published on:
Forecast for the Gold Price: XAU/USD is solid on weaker US yields ahead of crucial CPI data
Gold could be affected by Wednesday’s US CPI report. The present price is a few dollars below the golden ratio threshold of 61.8%. If CPI were to underperform, a subsequent decline of $1,815 would be noteworthy.
Written by: Winona Grant
Published on:
Gold Price Prediction: XAU/USD hopes to regain $1,800 as investors reduce US Inflation projections
The gold price is seeking to reclaim its monthly high of $1,800.00 due to a lower-than-expected US inflation forecast. The negative consensus of the US CPI is due to the sensitivity of oil prices. RSI (14) has gone into the 60.00-80.00 area, indicating a pleasant ride for precious metals.
Written by: Winona Grant
Published on:
Lowest Oil Prices Since February Encourage Peak Inflation
Oil prices kept falling and should reinforce the idea of peak inflation, which appears to be adequate to underpin the markets for the time being.
Written by: Winona Grant
Published on:
The outlook for gold prices is positive as the July FOMC meeting marks the peak of Fed hawkishness
Gold prices continue to rise, up more than 3% on the week. Rate-sensitive assets are likely to be supported in the short term by the decline in U.S. Treasury yields.
Written by: Winona Grant
Published on:
In a Nutshell: Oil Tanks on Weaker US Consumer Demand Signposts and Pure Goldilocks with Not a Rabbit Hole in Sight
Despite the recent pushback from Fed officials, markets are still running “risk-on” following last week’s Fed meeting that suggested a slower path of rate increases.
Written by: Winona Grant
Published on:
Silver Markets’ Silver Price Prediction Continue Your Fight
As the 50 Day EMA entered the picture during trading on Wednesday, the silver markets started to retreat somewhat.
Written by: Winona Grant
Published on:
