Gold rises on inflation fears. Gold under the bullish pressure today after strong U.S. inflation numbers increased the Gold appeal as an inflation hedge. The gains are still kept in check ahead of
Gold rises on inflation fears. Gold under the bullish pressure today after strong U.S. inflation numbers increased the Gold appeal as an inflation hedge. The gains are still kept in check ahead of
Gold dips on stronger dollar. Gold under the bearish pressure today as a stronger dollar made gold more expensive for holders of other currencies and investors awaited U.S. inflation data and Federal Reserve
Gold rises on falling bond yields. Gold continues to rise for the 6th day, driven up by the drop in U.S. Treasury yields ahead of minutes from the Federal Reserve’s earlier meeting that
Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1777.75-1773.25 and it has a potential to reach the target zone №2 1732.75-1728.25. The best prices to
Gold rises on safe-haven inflows. Gold under the bullish pressure today on safe-haven appeal as markets are starting to focus more on the spread of the Delta variant of the Covid019 virus, which
Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1777.75-1773.25 and it has a potential to reach the target zone №2 1732.75-1728.25. The best prices to
Gold rising on inflation concerns. Gold rising Friday as a preliminary deal on U.S. infrastructure spending added to dollar bearishness, while investors awaited inflation data. The spending plan should be positive for gold,
Gold falls ahead of Jerome Powell’s testimony. Gold under bearish pressure on stronger dollar as the as investors turn their attention to U.S. Fed chief Jerome Powell’s testimony for cues on monetary policy.
Medium-termtrend: Bearish The bear market is continuing. The price has already reached the target zone №1 1777.75-1773.25 and it has a potential to reach the target zone №2 1732.75-1728.25. The best prices to
Gold retains bearish bias ahead of Fed. Gold under the mild bearish pressure today as investors are waiting for any signs of early tapering from the U.S. Federal Reserve meeting later today. In