News list for " Gold Prices"
Analysts pointed out that the weakening PPI failed to boost gold prices, which is not surprising. What if this week's break... or the failure to clear last week's break?
Gold prices fell sharply, forming a "twilight star" pattern. Has the short-term gold bulls been defeated? Analysts believe that the pullback may be high in the short term, and it needs to fall below the 3,000 mark to remain stable.
Gold prices hit a new high on Monday but failed to boost bulls' sentiment. Shimizu's departure may suggest that the gold price lacks reinforcements and may fall into a situation of "ambush on all sides"?
On February 12th, the price of gold has risen by more than 40% in the past year, and the price of gold has broken through historical highs all the way. Entering 2025, due to the growth of the Spring Festival public demand for cash, the enthusiasm for gold recycling before the Spring Festival is high, and the recycling volume of gold recycling institutions in January increased by 76% year-on-year; during the Spring Festival, the price of gold reached a new record high, and the total amount of rec...
Gold continues to climb and the momentum is not diminished. Analysts believe that the price of gold has not yet entered the extremely overbought area. As long as it does not close below this level, it will continue to rise. It is easy to reach $3,000 in the current environment.
Risk aversion has pushed up gold prices. Where is the resistance to gold? Gold is off to a strong start. Can we test 2700 again? Click to view detailed analysis > > >
Gold prices rallied along the trend line, but analysts believe that the overnight rally cannot confirm the momentum of gold to rise further, which may be a "fake move". But gold bulls are still dominant, and a break above this moving average is expected to rebound further > >
The gold market has not yet peaked, and the decline in gold prices will attract more bulls! The Federal Reserve still holds dovish expectations, but there are two major risks. The United States and Japan may fall to this level before the Bank of Japan meeting in January next year.
The Chicago Mercantile Exchange (CME) Group will offer a one-ounce gold futures contract starting in January 2025 to meet the strong demand from retail investors at a time when gold prices are hitting new highs. On December 5, CME Group announced that the futures contract will be listed from January 13, although it still needs to wait for regulatory approval. The new futures will enrich CME's retail-friendly micro gold and silver futures contracts. Micro gold and silver futures are among the fas...
Gold prices retreated from a three-week high hit earlier on Monday as investors took profits and traders adjusted their expectations for the Federal Reserve to cut interest rates pending further data to assess the rate outlook. Matt Simpson, senior analyst at City Index, said gold prices were under pressure as "some traders were looking to take profits near the $2,718 high." Gold futures had their best week since the epidemic last week. "I doubt last week's rally can continue given the shortened...
