Friday, April 28, 2023

Gold a bit weaker following downbeat U.S. GDP data

Gold a bit weaker following downbeat U.S. GDP data: Gold a bit weaker following downbeat U.S. GDP data Gold prices are modestly down in midday U.S. trading Thursday, in the aftermath of a major U.S. economic report that was weaker than expected and fal...

Friday, January 20, 2023

Solid gains for gold on bullish charts, some safe-haven buying

Solid gains for gold on bullish charts, some safe-haven buying: Solid gains for gold on bullish charts, some safe-haven buying Gold prices are solidly higher and near this week’s nine-month high in midday U.S. trading Thursday. The technical traders continue to ...

Saturday, September 24, 2022

Pound Plunges By The Most Since March 2020 Versus US Dollar

Pound Plunges By The Most Since March 2020 Versus US Dollar: Pound Plunges By The Most Since March 2020 Versus US Dollar The pound plunged by the most since March 2020 and h...

Wednesday, June 8, 2022

Gold pricing consolidates above the 200-day moving average

Gold pricing consolidates above the 200-day moving average: Gold pricing consolidates above the 200-day moving average As of 4:55 PM EDT gold futures basis, the most active August 2022 contract is fixed at $1854.40 which is a net gain of $10.70 or 0.58%. In fa...

Monday, February 28, 2022

Gold price starts the week back above $1,900 but sees major volatility on further safe-haven demand

Gold price starts the week back above $1,900 but sees major volatility on further safe-haven demand: Gold price starts the week back above $1,900 but sees major volatility on further safe-haven demand he gold market continues to see significant volatility as Western nations react to the Russian invas...

Friday, November 19, 2021

Gold has gained over $100 in November but now has entered a period of price consolidation

Gold has gained over $100 in November but now has entered a period of price consolidation: Gold has gained over $100 in November but now has entered a period of price consolidation Since November 11 gold began to consolidate after completing the current leg of the most recent rally that be...

Thursday, July 29, 2021

Broader trends in the gold market still positive even as demand drops 10% in first half of 2021

Broader trends in the gold market still positive even as demand drops 10% in first half of 2021: Broader trends in the gold market still positive even as demand drops 10% in first half of 2021 Gold demand picked up in the second quarter, but it wasn't enough to undo the weakness seen at the s...