Everything you need to know about gold news.
Natural gas costs increased. In the majority of the United States, cooler-than-normal temperatures are predicted. Compared to the prior week, supply dropped.
Written by: Winona Grant
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The natural gas market first retreated during Monday’s trading session, displaying signals of weakness, but just below the $8.00 level, buyers have reemerged.
Written by: Winona Grant
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Early Tuesday morning, gold futures are practically unchanged after showing a slight increase in the previous session. The steady activity is ascribed to a stable U.S. Dollar after a decline in the currency the previous session propelled dollar-denominated bullion to a two-week high. A decline in U.S. Treasury rates aids in limiting losses.
Written by: Winona Grant
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During Monday’s trading session, gold prices climbed to the 200-day exponential moving average. However, we are beginning to exhibit indications of fatigue.
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On Thursday, gold gained more than 1% as the dollar and Treasury rates fell, enhancing the safe-haven appeal of metal in the aftermath of weak U.S. job figures. Spot gold rose by 1.4% to $1,840.97 an ounce, while U.S. gold futures rose by 1.4% to $1,841.2 an ounce.
Written by: Winona Grant
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On Thursday, gold gained more than 1% as the dollar and Treasury rates fell, enhancing the safe-haven appeal of metal in the aftermath of weak U.S. job figures. Spot gold rose by 1.4% to $1,840.97 an ounce, while U.S. gold futures rose by 1.4% to $1,841.2 an ounce.
Written by: Winona Grant
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On Monday, gold fell to a new multi-month low of about $1,787/oz, and the climb higher is anticipated to be challenging. Data from New York’s Empire State Manufacturing (-11.6 against f/c 17) and somewhat lower US Treasury rates helped strengthen gold prices yesterday.
Written by: Winona Grant
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Gold’s price has been bouncing back and forth between levels of support and resistance on a regular basis. XAU/USD has fallen from a high of $1,844.69 to a low of $1,837.73 in the last few days. As of the previous session’s finish, the yellow metal had reached a one-week high.
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Gold prices continued to rise after plunging to 3.5-month lows last week. Even though the dollar had reached a two-decade high, it has since weakened … Read more
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Many investors go to haven assets like the US dollar during times of tremendous uncertainty, but what if the greenback is not sufficiently secure? Then it’s time for gold to shine.
Written by: Winona Grant
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