Tag: Gold
Gold prices rose during trading on Tuesday, with the dollar retreating from its highest levels in two decades, prompting investors to choose bullion priced in the US currency. This comes at a time when investors are waiting for key US data for clues regarding the Federal Reserve’s stance on raising interest rates. Gold prices ended […]
• Gold reversed from support zone• Likely to rise to resistance level 1940.00 Gold recently reversed up from the support zone located between the support levels 1900.00 and 1800.00. This support zone is strengthened by the lower daily Bollinger Band by the 61.8% Fibonacci correction of the upward impulse from the middle of December. Gold […]
Gold prices fell to the lowest level in 10 weeks, during trading today, Thursday, with the strength of the US dollar and anticipation of the Federal Reserve’s decision. Markets are awaiting the Fed’s interest rate decision; The US central bank is scheduled to hold its meeting next Wednesday, amid strong expectations of a new interest […]
Gold prices fell more than 33 dollars, during trading on Monday, to its lowest level in 4 weeks, supported by the rise in dollar prices. Gold’s decline came after bets on the US Federal Reserve’s approach to tighten monetary policy, strengthened the dollar, and pressured demand for the precious metal. Gold Prices Today The price […]
Gold prices fell in trading today, Thursday; The recovery in US Treasury yields reduced the demand for safe haven bullion stemming from the Ukraine crisis and its potential impact on the global economy. Yesterday, Wednesday, gold prices ended their trading with a decline for the second consecutive session, hitting its lowest level in more than […]
Gold prices rise by $19 as the Ukrainian crisis escalates Gold prices rose more than 19 dollars, during trading on Monday, recording their highest levels since mid-March; The uncertainty surrounding the Russian-Ukrainian conflict dampened risk sentiment and pushed investors towards bullion safety. This comes with the escalation of tensions in the Ukraine crisis; Several explosions […]
Gold prices fell in trading on Thursday, with the stability of high-risk assets, but the precious metal is still heading towards achieving a second consecutive weekly gain, driven by the safe haven demand caused by the Ukrainian crisis and the expansion of inflationary pressures. On Wednesday, gold prices ended higher, for the fifth consecutive session, […]
• Gold broke resistance level 1960.00• Likely to rise to resistance level 2000.00 Gold recently broke the resistance level 1960.00 (which stopped the previous corrective wave A at the end of March). The breakout of the resistance level 1960.00 coincided with the breakout of the 38.2% Fibonacci correction of the previous downward wave (A). Gold […]
Gold prices rose during trading on Monday, supported by the uncertainty about the Russian-Ukrainian war, in addition to the closures in China to control the Corona virus. The US Treasury bond yields and the high dollar deprived the yellow metal of achieving gains, after it had started today’s trading with a decline. Gold Prices Today […]
Gold prices rose in trading on Monday, with anticipation of the situation in Eastern Europe, amid expectations of imposing more sanctions on Russia, which supported the precious metal, which is considered a safe haven against geopolitical tensions. Gold prices started their trading on a decline, today, Monday, with the stability of dollar and treasury returns […]