Hello dear friends, Let's explore the market today with Selena! Currently, the gold market is trading at $1924 on the exchange. The price of gold is still limited below the important support resistance level at $1,926. However, in the long run, it is believed that the price of gold may increase due to the market's "overreaction to the Fed; inflation not yet...
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...
Gold prices today, August 17th, have reached a new low during the session as the Federal Reserve's minutes signaled concerns about interest rate hikes. The minutes provided little information about the monetary policy decision for September. The Federal Open Market Committee (FOMC) stated that interest rate hikes will still depend on data. However, the minutes...
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...
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 significant concern and could force the US Federal Reserve (Fed) to...