Gold, silver prices fall, yellow metal selling at Rs 55,960 in early trade
The price of gold fell by Rs 170 on Thursday, with 10 grams of the yellow metal (24-carat) trading at Rs 55,960. Silver price also fell by Rs 300 per kilogram from yesterday’s close. The precious metal was selling at Rs 71,500 per kg. The price of 22-carat gold fell Rs […]
XAU/USD could skyrocket to $2,300 on a move beyond highs at $2,070/2,075 – Credit Suisse
Gold has started 2023 strongly. Strategists at Credit Suisse do not rule out a strong surge to the $2,300 mark. Break below $1,729 to turn the risk back lower “We look for further tactical gains to test the 61.8% retracement of the 2022 fall and June 2022 high at $1,876/96, which ideally caps for now. […]
Gold Eyes New Highs Ahead of US CPI as Fed Preps for Hike. Where to for XAU/USD?
GOLD, XAU/USD, US Dollar, Real Yield, AUD/USD, Crude Oil – Talking Points Gold continues to glisten ahead of crucial inflation data The Fed continues to talk tough on rates, but equities rally anyway China’s re-opening has underpinned base metals, Will it boost XAU/USD? Recommended by Daniel McCarthy Get Your Free Gold Forecast Gold made an […]
Gold prices fall, yellow metal sells at Rs 56,130; silver remains unchanged
The price of gold fell by Rs 160 on Wednesday, with 10 grams of the yellow metal (24-carat) trading at Rs 56,130. Silver price, on the other hand, remained unchanged from yesterday’s close. The precious metal was selling at Rs 71,800 per kg. The price of 22-carat gold fell Rs […]
BofA Sees Gold Over $2,000 Oz in Coming Months
ank of America Securities expects gold prices to head over $2,000 oz in the coming months on the back of developments in US interest rates and foreign exchange markets, it said today. Source link
Why I Believe GOLD & SILVER is the Place to Be in 2023
Join Mike Maloney as he examines some extremely interesting data points for the gold and silver markets. Where are the prices for these metals headed in 2023? How could a recession affect their performance? Are there any other safe havens? Tune in today to find out.About Mike MaloneyMike Maloney is host of the smash hit […]
Gold will struggle. Forecast as of 10.01.2023
2023-01-10 2023-01-10 Gold will struggle. Forecast as of 10.01.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ What is the true reason for the XAUUSD‘s 16% rally from the autumn bottom? Is there really a mystery shopper in the market? Has the macroeconomic background changed? Let’s discuss this topic and make up a trading plan. Monthly gold fundamental forecast Gold marked a 2.5% […]
Mother of All Debt Bombs & 9 Other Megathreats Are Looming, Gold May Be Best Protection: Roubini
Nouriel Roubini, CEO of Roubini Macro Associates and Professor Emeritus at NYU Stern School of Business, discusses his latest book, ‘Megathreats,’ as well as his outlook for 2023 and beyond. He discusses how investors can hedge against looming ‘megathreats,’ using commodities like gold. Source link
XAU/USD to extend its rally on slowing inflation – Commerzbank
Gold price climbed to $1,880 at the start of the week, thereby posting an eight-month high. The US inflation data for December will be released on Thursday and could lend further tailwind to the yellow metal, economists at Commerzbank report. Inflation rate to have fallen from 7.1% to 6.5% “US inflation data could lend further […]
Gold Holds Bid Before Powell, Bulls Try Channel Top
Gold (XAU/USD) Price, Analysis, and Chart Gold has started 2023 in bullish form That trend continued into Tuesday’s session Hopes that US rates may not have much further to rise underpin sentiment Recommended by David Cottle Download our brand new Q1 Gold forecast Gold prices have risen on all but one trading day of 2023, […]