XAUUSD

Gold Futures break $1800 as Coronavirus case surge

Gold Futures broke $1,800 yesterday, reaching a high of $1,804 on the Comex in New York after a surge of new Coronavirus cases alongside inflationary fears....

Gold down as risk on prevails

Gold reached an all-time high earlier this week as it cleared the $1,750 level. It was able to reach bids at $1,765 before the US trading station started for the week. However, this rally was not sustainable as Risk on...

Gold may see $1,800 if there is a second wave

Gold has been rallying in the past couple of days as stocks dip. The threat of a second wave hitting the western countries alongside fears extraordinary quantitative easing will devalue significant currencies....

Could Gold Hit $1,800?

Gold is back on the upside, trading at $1,710/oz after a 3 day losing streak as the US Dollar weakens. After hitting a peak at $1,731, gold lost some of its momentum, but is now looking to repeat its pattern...

Gold Challenged by US Dollar Strength

After reaching close to $1,740 just a week ago, gold has now fallen and is hovering at the $1,680 support level. For the Asian session, gold remained largely unchanged, as it moved only 1% to the downside....

Gold’s Lustre Finally Revealed

Back in the beginning of March, I predicted that gold would hit $1,700 by the end of the month. And while it has taken longer than that to do so, it has nevertheless reached expectations. Over the past few days...

Where Has All The Gold Gone?

Nikkei 225 the First to Recover, Gold Facing Historical Shortage

The Nikkei 225, or Japanese Stock Index had an 8% gain for the day, following on from its 7% gain from the previous day. Less than a week ago the Nikkei had just hit lows not seen since 2017, falling...

Gold Back on the Upside as Market Sentiment Worsens

Last time we looked at gold, we predicted that it would reach $2,000/oz in the next 12-24 months, and its still continuing to like the case. Currently trading above the $1670-mark, gold looks set to comfortably reach $1700/oz before the...
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