Gold Price

Gold Price Trapped in Rectangle Formation, Is A Break Higher Possible?

Gold price trades higher close to the daily top and getting back to daily highs at 1,738, which is the…

Jun 19, 2020, 15:27 BST

Gold Price Consolidation Phase Intact Between $1,713 – $1,738

Gold price continues the consolidation phase for the fifth consecutive session amid mixed signals from the coronavirus front and the…

Jun 18, 2020, 12:15 BST

Gold price relentless rally is accelerating if you look at the right chart

Gold price is down by about 0.40% today. As of this writing, the price is trading at $1,723, which is…

Jun 17, 2020, 10:02 BST

Gold Price Slip On Fresh Fed Corporate Bonds Buying Programme

Gold price seesaws today looking for direction as mixed signals from the coronavirus front continue to weigh on markets. The…

Jun 16, 2020, 08:40 BST

Gold price slides as global risks rise; is gold still a safe haven?

Gold price is down by more than 60 basis points today mostly because of second wave fears. Other precious metals…

Jun 15, 2020, 10:00 BST

Gold Price Struggles to Hold Its Ground Against the USD Amid Risk Aversion. Why?

Despite risk aversion dominating market sentiment, gold price which is know for its safe haven status, is struggling to gain…

Jun 12, 2020, 05:10 BST

Gold Price Pierces Through Trendline Resistance. Here are the Levels to Watch Out For

Like other currencies, gold price benefitted from the dollar weakness brought about by the dovish FOMC statement yesterday. Can it…

Jun 11, 2020, 05:10 BST

FOMC Leaves Interest Rates Unchanged at <0.25%; Gold Price Spikes

The FOMC has left the interest rates unchanged in an expected move, and also released its economic projections for 2020…

Jun 10, 2020, 19:42 BST

Will Fed Announcement Boost The Gold Price?

Gold price continues higher for the third consecutive session as the recent rally in risky assets questions ahead of the…

Jun 10, 2020, 10:01 BST

Gold Price Tests a Confluence of Resistance Ahead of FOMC Meeting. Here’s What to Expect.

Gold price is testing a confluence of resistance ahead of the FOMC meeting due tomorrow. Will Fed Reserve Chairman Powell…

Jun 09, 2020, 05:10 BST

Gold Price Struggle Below the $1,700 Mark

Gold price recovers some of Friday’s sharp losses after the strong employment data from USA. The U.S. unemployment rate dropped…

Jun 08, 2020, 10:34 BST

Gold Price Drops Steeply As NFP Delivers a Stunning Upbeat Outcome

Gold price is dropping steeply after a stunning outcome on the US Non-Farm Payrolls (NFP) report. According to data from…

Jun 05, 2020, 14:09 BST