Tag: Gold

Mar 01
Gold prices rise $25 as political tensions escalate

Gold prices rose today, Monday, at the beginning of the week’s trading, by about 25 dollars, to rise to the record level of 1914 dollars, after fears increased, after Russian President Vladimir Putin put the Russian nuclear deterrent on high alert. Palladium jumped about 6% as new Western sanctions against Russia increased and concerns over […]

Feb 25
Gold prices jump $60 as geopolitical tensions escalate And the price of an ounce exceeds 1971 dollars

Gold prices extended their upward trend in Thursday’s trading, to jump $60, with the escalation of geopolitical tensions in Eastern Europe. And Russian President Vladimir Putin’s decision to move troops to Ukraine pushed the prices of the yellow metal to rise by more than 3%, as investors flocked to safe havens. Gold Prices Today The […]

Feb 23
Gold prices are easing off a nine-month high as investors keep a watch on developments in Ukraine.

Gold prices are easing off a nine-month high as investors keep a watch on developments in Ukraine. On Tuesday, gold prices rose to their highest level in over nine months before retreating as investors repositioned near the crucial $1,900 per ounce level as they awaited additional developments in the Ukraine situation. By 10:47 a.m. ET […]

Feb 22
Gold prices are falling from the highest level in 8 months

Gold prices fell today, Monday, after hitting their highest level in more than 8 months, at the beginning of the week’s trading. The plan of the US and Russian presidents to hold a summit on the Ukraine crisis led to a decline in the demand for safe haven, while looming further increases in federal interest […]

Feb 18
Gold Wave Analysis – 17 February, 2022

• Gold broke key resistance level 1875.00 • Likely to rise to resistance level 1920.00 Gold continues to rise after the earlier breakout of the key resistance level 1875.00, which was set as the likely upward target in earlier forecast of this instrument. The breakout of the resistance level 1875.00 should accelerate the active short-term […]

Feb 17
Gold prices rise with the return of political tensions between Russia and Ukraine

Gold prices rose in trading on Thursday, after news of the return of tensions between Russia and Ukraine, in the wake of a Russian report that mortar shells were fired in eastern Ukraine, prompting investors to resort to safe assets. Yesterday, Wednesday, gold prices ended up by about $15, with the dollar and US stocks […]

Feb 16
Gold Wave Analysis – 16 February, 2022

• Gold reversed from support zone • Likely to rise to resistance level 1875.00 Gold recently reversed up from the support zone located between the key support level 1850.00 (previous resistance from January) and the 50% Fibonacci correction of the previous sharp upward impulse from last week. The upward reversal from this support zone continues […]

Feb 15
Gold prices are falling from the highest level in 3 months

Gold prices fell today, Monday, in spot transactions, abandoning the highest level it reached in 3 months, which was recorded in the previous session. The decline in the yellow metal is strongly influenced by the dollar and bond yields, although losses were limited; Increasing tensions surrounding Ukraine have supported the demand for safe haven. Gold […]

Feb 10
Gold prices fall, awaiting US data

Gold prices fell in trading today, Thursday; Investors are cautiously awaiting US inflation data that may provide new clues about the pace of monetary tightening by the Federal Reserve. And gold prices ended their trading on the rise, yesterday, Wednesday; To continue rising for the fourth consecutive session, with the US dollar falling. Gold Prices […]

Feb 08
Gold prices retreat from the highest level in a week

Gold prices retreat from the highest level in a week Gold prices fell on Tuesday, but remained near their highest levels in a week, pending the release of US inflation data for January, which is crucial to the Federal Reserve’s tapering schedule. This comes with continued fears between Russia and Ukraine, which supported the yellow […]