Gold price today is trading around US $ 2022 and is worth a significant recovery level since the last time it decreased to 2000 USD. From the chart, precious metals have escaped from the discount channel and conducted an increase, the price can recover up to 2037 USD and higher may be at $ 2055. However, the market information is still less optimistic about the...
On the market, the price of gold ended the week with a 0.02% increase, equivalent to a $0.29 rise per ounce, reaching $1,888.54. The decrease in the value of the US dollar by 0.2% helped limit the decline in gold prices during this session and made it cheaper for those holding other currencies. The Federal Reserve's cautious stance may provide some relief for...
The price of gold has experienced a slight increase and currently stands at $1900, but the potential interest rate hike by the US Treasury Department at the beginning of the trading week and the continued downward trend on charts are limiting the metal's upward movement. Trading may be more subdued this week. "Another price increase in the dollar could prolong or...
World gold price today listed on Kitco at 1,913 USD/ounce, up 2 USD/ounce compared to early morning. Over the past week, gold has been on a downward trend with the price down 1% in the context of inflationary pressure on the US economy. Currently, gold market participants are still divided on whether the final rate hikes of the US Federal Reserve (Fed) will have...
Gold prices today fell to $1,917 per ounce, a decrease of $10 per ounce compared to earlier in the morning. The decline in global gold prices continues due to the sharp increase in the US dollar following disappointing economic data released by China. Meanwhile, the US economy is showing strong signs of recovery, with a growth rate of 2.4% in Q2/2023, exceeding...
In the world gold market, spot gold price is at 1188.4 USD/ounce. Gold futures for December delivery on the Comex New York exchange fell $9.3 or 0.47% to $1,950.6 an ounce. Gold continued to fall and fell to a 4-week low on pressure from another economic report from China that showed less consumer demand for goods and services, including metals. type. According...
The world gold price today hovered around $1,927 per ounce. On the night of 8/8, the world gold price was approximately 5.5% ($101 per ounce) higher than at the start of 2023. Gold prices fell significantly in the international market due to a strong USD following negative news from China. The drop in gold was mainly attributed to the USD's surge as the yuan...
World gold price rose to around $1,930.7/ounce, up $2.7/ounce from last night. Gold futures for December delivery on the Comex New York exchange stood at $1,961.5/ounce. Gold prices dropped significantly in the global market due to a strong increase in the USD following news about China. The USD rose by more than 0.6% in session 8/8, with the DXY index...
Gold prices on the world market traded at $1,934.5 per ounce on Kitco floor on August 8. After reaching a low of $1,926 per ounce last week, gold prices have started to rise, signaling a potential uptrend. If gold maintains its current levels, it is expected to increase in the near term. The US job market slowdown suggests that the Federal Reserve will be less...
Up to now, the gold price today is listed at 1,934.10 USD/ounce, down 9.5 USD compared to the close of the previous trading session. Gold prices fell on Monday as the dollar and US Treasury yields rose after investors looked at Friday's jobs report, with attention turning to published inflation data. Dad this weekend. My expectations remain biased towards low...
The world gold price is currently $1,932.7 per ounce, down by $7.8 compared to the previous session opening. This drop is due to the US Federal Reserve's plan to raise interest rates to control inflation. However, more evidence is required to support this decision. Additionally, improving employment data may lead the Fed to rethink their current high interest...
The current world gold price is $1,932.7 per ounce, down 7.8 dollars from the previous session. This drop is due to the US Federal Reserve Governor's statement about raising interest rates to target 2% inflation. However, more evidence is needed to support this decision. Additionally, improving employment data may lead the Fed to reconsider its high interest...
The world gold price today tends to increase with spot gold increasing by 2.3 USD, so with last week's closing session, it was 1,939.6 USD/ounce. Last week, gold got a boost in sales as the US jobs report for July was weaker than expected, including downward revisions in May and June. The US loses momentum, even if inflationary pressure persists, leaving most...
On August 5, the spot gold price on Kitco floor traded at $1,942/ounce. In July, the non-farm sector adde187,000 jobs, according to the US Bureau of Labor Statistics. This negative economic and employment information has led investors to buy gold as a risk hedge. Experts predict that gold prices will continue to rise as recent US economic data weakens,...
World gold price recorded today spot at 1,937,655 USD/ounce. The gold market is facing significant challenges when it comes to maintaining critical resistance. This comes against a backdrop of the US labor market which saw notable weakness in July, although pressure on employment remains intact. It is worth noting that the gold market could face a difficult...
On the world market, gold price traded at 1,938 USD/ounce. The non-farm sector added 187,000 jobs in July. However, this was lower than the previous forecast of 205,000 jobs. The not so positive economic and employment information has made investors return to buy gold to hedge against risks to capital flows. Gold prices still have room to increase. The reason is...
Despite the rebound on Friday, gold has not escaped the week of losses and may be struggling to rally as inflation remains a significant concern and could force the Fed to raise interest rates after the summer. . Gold is still in a downtrend, we wait to sell gold at Keylevel
World gold price listed on Kitco is at 1,942 USD/ounce, up 8 USD/ounce compared to the early hours of yesterday morning. December gold futures last traded at $1,976.1 an ounce, up $7.3. According to some market analysts, the gold market may be struggling to find traction as inflation remains a major concern and could force the US Federal Reserve (Fed) to continue...