US Elections and Gold Price
As the US prepares for a tense presidential election, gold prices are steadily rising in Asian trade and remain near record highs. Spot gold rose 0.2% to $2,741.31 an ounce, while December futures steadied...
Gold Steadies After Falling from Record Highs Due to Interest Rate Uncertainty
On Tuesday, gold prices steadied in Asian trading after a recent decline from record highs. The decline was caused by expectations of smaller interest rate cuts by the U.S. Federal Reserve. The market...
Gold Demand Falling Amid Record Prices: Retail Investors Opt for Profit-Taking
Physical gold demand has dropped across key markets as rising gold prices prompt retail consumers to sell their holdings and book profits. Gold prices rose to an all-time high of $2,685.42 per ounce on...
Gold Prices Hold Steady Ahead of Key Inflation Report
Gold prices remained relatively stable, hovering near the $2,500 per ounce mark. Investors are eagerly awaiting the release of the US Consumer Price Index (CPI) report this week, which is expected to provide...
Federal Reserve Holds Rates Steady
The Federal Reserve decided to leave interest rates unchanged on Wednesday, but signaled a possible shift towards rate cuts in the near future. Fed wants to see greater confidence that inflation is moving...
Gold News Analysis
Gold prices increased on Wednesday, with gold reaching its highest settlement in a month. The rally was driven by weakness in the U.S. dollar and bond yields, caused by weak economic data. A decline in...
Gold Trading News and Technical Analysis
Gold prices have been dropping because of rising real yields in the US. Real yield is basically interest you earn on your money minus inflation. So, with higher real yields, investors are finding other...
Gold TA: MACD Divergence Hints at Pullback, Is the Rally Losing Steam?
Gold prices have been going up recently even though it usually goes the opposite way with interest rates. This is confusing because higher interest rates typically mean lower gold prices. There are rumors...
Why is the gold price rising today?
Price of gold went up in Asia on Monday, even though some people thought it would go down because the chance of the U.S. lowering interest rates seemed less likely. This increase shows that gold is still...
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