Gold (XAU/USD) prices defended the previous weekly recovery, for the first time in five weeks, as it rallied for the second day in a row amid broad-based US Dollar weakness. Also, the strength for the XAU/USD rally is cautious optimism in the market, as well as falling Treasury yields. It is worth noting that the US Dollar Index (DXY) encourages reliance on Fed...
According to Kitco, the world gold price recorded at 5:00 am today in Vietnam time for spot at $1,937,225 per ounce. Converting the current exchange rate at Vietcombank, world gold is about 55,815 million VND/tael (excluding taxes and fees). Thus, the price of gold bars of SJC is still higher than the international gold price of 11,735 million VND/tael. Gold...
World gold price on Kitco opened the trading session at 1936.6 - 1937.6 USD/ounce. During the weekend session, gold prices fluctuated between 1914 - 1939.2 USD/ounce. Gold prices hit three-week high. A much weaker-than-expected U.S. job turnover report (JOLTS) and a much weaker-than-expected consumer confidence index boosted buying demand with precious...
Gold prices traded near $1,915 per troy ounce during the Asian session on Monday, extending last week's gains. The recent drop in the US Treasury bond yields (US) helped push the yellow metal to recover. Additionally, moderate US economic data released last week along with mixed statements from major central bank officials at the Jackson Hole Symposium,...
Gold price on the world market this afternoon, August 29, fluctuated slightly. The world spot gold price is around $1,922.9/ounce, up $3.10/ounce compared to this morning. December gold futures traded at $1,950.8 per ounce, up $2.8 from this morning. Forecasting the gold price trend, the latest weekly Gold Survey results of Kitco News show that most retail...
Spot gold rose 0.3 percent to $1,919.41 an ounce. At the same time, US gold futures also increased 0.4 percent to $1,946.80. Accordingly, the depreciation of the dollar has made the price of gold more attractive to holders of other currencies. Fed Chairman Jerome Powell has said that to contain inflation that is still too high, the central bank may need to raise...
Gold (XAU/USD) is marking an unimpressive start to the week trading around $1,890, after having fallen for the past four weeks in a row. With that said, Gold prices are filling the gap at their lowest levels since March while struggling to gain traction amid the market's cautious mood ahead of this week's top data/events. However, a stronger US Dollar will put...
Gold prices edged up slightly higher and attempted to continue their gains on Tuesday. XAU/USD hovers around $1,900/troy ounce during the Asian session on Wednesday, having found signs of recovery after 4 consecutive weeks of default losses despite a firmer US Dollar (USD). However, growing risk aversion and concerns about the Chinese economy are weighing on Gold...
⚡️Gold continued to trade at a 5-month low after the minutes of the July monetary policy meeting of the US Federal Reserve (Fed) were released. The minutes showed that the majority of the bank's officials continued to prioritize fighting inflation, while only a few pointed to the risks to the economy by pushing interest rates too far. ⚡️Yields on 10-year US...
Gold price (XAU/USD) faces an intense sell-off as Federal Reserve (Fed) Chair Jerome Powell remains hawkish at the Jackson Hole Symposium. The precious metal dropped significantly as Jerome Powell kept doors open for further policy tightening. About the labor market, Fed Powell conveys that the labor market is extremely tight and warrants more rates from the...
Gold prices slightly extended its gains and successfully continued a third day of gains. TVC:GOLD hovers around $1,900/oz during the Asian session on Wednesday, showing signs of recovery from four consecutive weeks of losses despite a firmer US Dollar (USD). However, a stronger recovery is unlikely at the moment. After days of continuous decline, gold...
⚡️World gold price this morning continued to increase slightly with spot gold up 2.9 USD to 1,897.2 USD/ounce. December gold futures last traded at $1,926.0 per ounce, up $2.30 from dawn yesterday. ⚡️In yesterday's trading session, 8/22. Short-term offsets and some light bargain hunting are believed to have been the hallmarks of the precious metal's rally, after...
According to Kitco, the world gold price recorded at 5:00 am today in Vietnam time for spot at 1,898,220 USD/ounce. Converting at the current exchange rate at Vietcombank, world gold is about 54,053 million VND/tael (excluding taxes and fees). Thus, the price of gold bars of SJC is still higher than the international gold price of 12,997 million...
Gold prices (XAU/USD) fell to fresh five-month lows before stabilizing around $1,890 as market participants looked for more clues to extending the previous downturn, supported by recent downturns. hawkish Federal Reserve (Fed) concerns and risk aversion. That said, fears of a recession in China and weaker growth numbers in advanced economies coupled with firmer US...
Since that meeting, key data has shown that price and wage pressures continue to ease, which should reinforce the possibility of an end to rate hikes. Even so, strong indicators of labor market activity and consumer spending could also make policymakers uneasy about the outlook for inflation to continue to ease. World gold still traded at the lowest level within...
World gold price in the early morning increased slightly with spot gold up 2.7 USD to 1,894.3 USD/ounce. Gold futures in December last traded at $1,923.7 per ounce, up $0.7 from dawn yesterday. World gold still traded at the lowest level within 5 months in the first session of the week. The precious metal's rally is still being capped by rising US Treasury...
gold weekly possibility. upcoming weekly possibility so enjoy the trade with sl. next sell zone 1912,1917,1922,1932,1940-1945, possibolity
long term trade in week time frame will go toward 1700 but first form double top means again 2070 side or may be form head and shoulder so 2250 or 2350 side then in next 1-2 year its toward 1700 again