Gold recovered after making a fresh low as it ended with gains of just over $9 in a ranged week also defending the support of red diagonal trendline which suggests a near term bottom formation. A lower dollar was the key reason for an upswing the yellow metal prices as risk-on intensified further with indexes making new all time highs. The move may have been just a pullback after a massive red bar but it sure does boost bullish bets as the supports were held comfortably with double bottom...

        Gold might be looking at a sideways market before picking up pace again as U.S.-China optimism weighs on the precious metal, according to analysts. The yellow metal was stuck in a narrow range this week, fighting off significant downside pressure from rallying U.S. equities and rising risk-on sentiment. “The safe-haven gold and silver markets are seeing buying interest squelched by a generally upbeat trader and investor risk appetite the past several weeks. This is evidenced by the...

        A total of 15 market professionals took part in Kitco’s gold survey this week — representing the Wall Street side. There was an interesting split formed between projections of higher and neutral prices. Six of the analysts, or 37.5%, said they see gold moving higher next week, while another six, or 37.5%, said they project neutral prices. Another four, or 25%, voted for a move down in gold. The Main Street side, on the other hand, kept its bullish hopes for next week. Out of the...

        Gold is trading early Wednesday and in a position to do something it hasn’t done in eight trading sessions – take out the previous day’s high. With Treasury yields inching lower and the U.S. stock indexes weakening, it looks as if gold is attracting a little buying. We can’t tell at this time if its speculative buying, but we are fairly certain there is a little profit-taking and short-covering going on. Daily Swing Chart Technical Analysis The main trend is down according to...

        Latest: 31th October 2019 Reference: WGC ข้อมูลล่าสุด วันที่ 31 ตุลาคม 2562 โดย สภาทองคำโลก ที่มา: World Gold Council

· Following its gap-down opening to $1387.20 on US-China trade truce, Gold prices recover to $1392.90 as markets evaluate risk concerns amid mixed headlines from Chinese media during the early Asian session on Monday. Even if a trade ceasefire between the world’s two largest economies garnered risk-on sentiment at the day’s start, recent headlines from China continues to question investor optimism over the likeliness of a trade deal. · The yellow metal tumbled early Monday as Asian...

   · Gold fell more than 1% on Monday to its lowest in more than a week as the dollar strengthened and investors opted for riskier assets after the United States and China agreed to restart trade talks. Spot gold was down 1.3% at $1,391.29 per ounce as of 0411 GMT, after falling to as low as $1,389.65, its lowest since June 21. U.S. gold futures dipped 1.3% to $1,394.90 an ounce. · “Reopening of trade talks between U.S.-China has made investors look back at growth, we are seeing good...

· Gold steadied on Thursday as investors looked for further cues from trade talks between the United States and China, which bolstered risk appetite and lifted the dollar, but the metal held on to support around the key $1,400 per ounce pivot. · Spot gold edged 0.1% lower to $1,407.71 per ounce as of 1:37 p.m. EDT(1737 GMT), having briefly dipped below $1,400 earlier in the session. Prices have fallen more than $37 since gold’s six-year high of $1,438.63 on Tuesday. · U.S. gold futures...

Gold price consolidation late this week creates a set-up for more gains with prices expected to near $1,500 in 2020, according to TD Securities. Despite dropping from fresh six-year highs on Wednesday, the yellow metal still managed to steady itself well above the $1,400 an ounce level on Thursday. At the time of writing, August Comex gold futures were trading at $1,412.40, 0.03% on the day. TD Securities is long gold at the moment, projecting for prices to end this year around $1,400 an ounce...

   · Gold prices rose on Friday, heading for their best month in three years, as uncertainty loomed over whether highly anticipated trade talks between China and the United States would yield any progress in ending a year-long trade dispute. Spot gold was up 0.4% at $1,414.61 per ounce as of 0540 GMT. Gold has risen nearly 8.4% so far this month, on track for its biggest monthly percentage gain since June 2016. With nearly 1.2% gained so far this week, bullion is also set to post its sixth...

· Gold prices dipped on Wednesday on signals the U.S. Federal Reserve would not make too steep a cut to interest rates next month, but still held ground above the key psychological $1,400 level. · Spot gold shed 0.8% to $1,411.21 per ounce as of 1:56 p.m. EDT (1756 GMT), having fallen more than 1% earlier in the session. · Gold is on track to snap a six-session streak of gains and also its biggest one day percentage fall in more than two weeks. U.S. gold futures settled 0.2% lower to $1,415...

The gold market is seeing some much-needed consolidation, dropping from its recent 6-year highs, but one market analyst said that investors should not give up on the rally just yet. Gold prices have been under pressure since late Tuesday, after Federal Reserve members tried to manage expectations ahead of July’s monetary policy meeting. Market expectations for a 50-basis point cut next month have dropped since the Federal Reserve Chair, Jerome Powell, warned that the central bank shouldn’t...

   · Gold prices dipped on Thursday as the dollar inched higher to a near one-week high, while investors waited on any Sino-U.S. trade developments later this week in Japan. Spot gold was down 0.4% at $1,402.09 per ounce as of 0654 GMT, after shedding more than 1% in the previous session. U.S. gold futures slipped 0.6% to $1,406.30 an ounce. · “There appears to be some fatigue around preannouncements on the trade issues... If we don’t see any sort of agreement, then we can see...

· Gold prices retreated from a six-year high on Tuesday after comments from U.S. Federal Reserve officials trimmed expectations that the central bank will lower interest rates by half a percentage point next month. · Federal Reserve Chairman Jerome Powell said the U.S. central bank is “insulated from short-term political pressures,” as policymakers wrestle with whether to cut rates. · The comments came after St. Louis Federal Reserve Bank President James Bullard said he does...

   · Gold prices slipped more than 1% on Wednesday, moving away from a six-year peak hit on Tuesday, as U.S. Federal Reserve officials played down expectations of aggressive rate cuts, while investors locked in profits following a strong rally. Spot gold was down 1.2% at $1,405.60 per ounce as of 0339 GMT, heading for its first decline in seven sessions. Gold prices hit their highest level since May 14, 2013 at $1,438.63 in the previous session. U.S. gold futures fell 0.4% to $1,413.30 an...

· Gold prices rose more than 1 percent on Monday to a near six-year peak as the dollar fell, with safe-haven bullion also boosted by U.S. President Donald Trump's announcement to impose fresh sanctions on Iran. · Spot gold was 1.2% higher at $1,415.16 an ounce by 01:57 p.m. EDT (1757 GMT), heading for a fifth straight session of gains. Its session high of $1,416.84 was its highest level since late August 2013. · U.S. gold futures settled up 1.3% at $1,418.20 an ounce. · "Gold is holding...

   · Gold prices rose more than 1% on Tuesday before shedding some gains, but still held near a six-year high, as the dollar dropping to multi-month lows, and simmering U.S.-Iran tensions drove investors towards the safe-haven bullion. Spot gold was up 0.4% at $1,424.25 per ounce, as of 0550 GMT. Earlier in the session, the yellow metal touched $1,438.63, its highest since May 14, 2013. The bullion is headed for a sixth consecutive session of gain. U.S. gold futures jumped 0.7% to $1,427.50...

· Gold prices surpassed $1,400 on Friday before retreating, still holding near a six-year high on the U.S. central bank’s dovish stance on monetary policy. Prices also found support from worries about a potential U.S. military strike against Iran and a global trade conflict. Spot gold rose 0.6% to $1,396.34 per ounce as of 1:50 p.m. EDT (1750 GMT). U.S. gold futures settled 0.2% higher at $1,400.10 per ounce. · Prices surged to $1,410.78 in the session, a high not seen since early September...

Gold is headed toward its strongest week in three years, and Wall Street and Main Street look for the party to continue, according to the weekly Kitco News gold survey. The big catalyst for this week’s rise to five-year highs was dovish communication from the Federal Open Market Committee. Policymakers left interest rates unchanged after a two-day meeting but took steps toward setting up markets for rate cuts, removing wording saying they would be “patient” when adjusting monetary...

   · Gold prices advanced on Monday, hovering near a six-year high touched in the previous session, as dovish signals from major central banks and heightened tensions between the United States and Iran boosted demand for the safe-haven metal. Spot gold was up 0.4% at $1,403.88 per ounce as of 0701 GMT, heading for a fifth straight session of gains. Gold prices hit $1,410.78 on Friday, their highest since Sept. 4, 2013. U.S. gold futures rose 0.5% to $1,407.10 an ounce. · U.S. President Donald...