Wednesday, February 22, 2023

Changing expectations of the Fed's forward guidance pressure gold lower

Changing expectations of the Fed's forward guidance pressure gold lower: Changing expectations of the Fed's forward guidance pressure gold lower The Federal Reserve first spoke about its forward guidance at last year’s Jackson Hole Economic Symposium. Specifically, it wa...

Thursday, July 14, 2022

Gold's year-end target is $2,050 and here's why 17% price surge still possible – Wells Fargo

Gold's year-end target is $2,050 and here's why 17% price surge still possible – Wells Fargo: Gold's year-end target is $2,050 and here's why 17% price surge still possible – Wells Fargo The strong U.S. dollar has been hurting gold's price, dragging the precious metal down to 8.5-month lows ...

Monday, April 4, 2022

Gold price kicks off Q2 with $30 losses, but $2k mark expected to be hit soon - analysts

Gold price kicks off Q2 with $30 losses, but $2k mark expected to be hit soon - analysts: Gold price kicks off Q2 with $30 losses, but $2k mark expected to be hit soon - analysts After a stellar first quarter, gold's April trading started on a sour note as prices dropped $30 on the day ami...

Thursday, December 23, 2021

Gold surges past $1,800 on dollar weakness and omicron fears

Gold surges past $1,800 on dollar weakness and omicron fears: Gold surges past $1,800 on dollar weakness and omicron fears Both gold and silver had significant gains resulting from a combination of dollar weakness and continued fears regarding the economic effec...

Friday, September 3, 2021

Gold and silver move higher heading into the European open

Gold and silver move higher heading into the European open: Gold and silver move higher heading into the European open Gold and silver have moved higher leading into non-farm payroll Friday. The yellow metal is 0.22% higher trading at $1813/oz while silver is ...

Wednesday, May 19, 2021

Gold pulled back slightly from a 14-month high as prices hit a key chart resistance level

Gold pulled back slightly from a 14-month high as prices hit a key chart resistance level: Gold pulled back slightly from a 14-month high as prices hit a key chart resistance level A weaker US Dollar and heightened inflationary pressure are buoying the appeal of precious metals XAU/USD may ...