World gold prices stabilized, with spot gold down 1 USD to 2,023 USD/ounce. Gold futures last traded at 2,035 USD/ounce, down 0.9 USD compared to yesterday morning. Despite being pressured by the minutes of the first policy meeting of the US Federal Reserve (Fed), gold continues to consolidate above 2,000 USD/ounce. In the newly released minutes, the Fed signaled...
World gold prices are still attractive when the world's second largest economy is still facing difficulties in economic recovery. Data on China's manufacturing PMI index in December decreased from 49.4 points in November to 49 points in December, lower than the forecast level of 49.5 points. This is the third consecutive month that China's manufacturing PMI index...
World gold prices rose as the code hit a 2-week high as expectations that the Fed would cut interest rates in the spring increased. World gold prices increased sharply this morning with spot gold increasing by 21.6 USD to 1,980.8 USD/ounce. Gold futures last traded at 1,987.3 USD/ounce, up 23 USD compared to yesterday morning. Gold prices soared to a 2-week high...
The world's gold price today (November 15) soared when the US announced that the October consumer price index fell lower than forecast. The sudden drop in the USD helped investors return to buying gold when deposit and transaction costs decreased. World gold prices continued to skyrocket this morning due to the USD suddenly plummeting. Specifically, the...
World gold prices this morning continued to decline with spot gold down 19.3 USD to 1,949.4 USD/ounce. Gold futures last traded at 1,955.7 USD/ounce, down 17.8 USD compared to yesterday morning. The gold market witnessed its third consecutive decline as investors looked for new signals about the US Central Bank's interest rate stance. Daniel Ghali, commodity...
Last week, gold fluctuated with a narrow range and regularly tested the psychological barrier of 2,000 USD/ounce. However, the metal still failed to hold this level as it was caught between conflicting factors between interest rate expectations and geopolitical concerns. Among Wall Street analysts participating in the survey, 60% expect gold prices to move higher...
Many experts predict that the fall in gold prices is due to profit-taking pressure when last week the precious metal increased by 5%. Two weeks ago, the US and European economies released economic growth reports, in which GDP growth in the US increased more than twice the forecast. As a result, US Government bond yields have increased sharply. The 10-year US...
World gold prices increased slightly this morning with spot gold increasing by 4.3 USD to 1,983.9 USD/ounce. Gold futures last traded at $1,997.40 an ounce, up $2.50 from the bright spot. World gold this morning was calm compared to yesterday's brilliance but has dropped much from the high level it had during the day when the newly released report showed the...
World gold prices are currently increasing again with spot gold prices increasing by 9.3 USD, to 1,979.6 USD/ounce compared to yesterday morning. Gold futures last traded at $1,994.90 per ounce, up $8.80 in today's session. Gold prices in today's trading session increased slightly in the context of the conflict in the Middle East remaining tense and consultants...
Soaring government bond benefits continue to dominate the pair's price action. Investors still need to watch out for Japan which will likely rate closer to 150. USD/JPY fell near 148.80, but quickly recovered to around 149.50 as the Bank of Japan (BoJ) is expected to announce its inflation forecast for fiscal years 2023 and 2024 earlier. On Tuesday, Bloomberg...
The rising USD against PLN has finally broken through its descending trendline. This strength in the dollar can be attributed to rising bond yields (amid an unmoved Federal Reserve) and the prevailing economic challenges in Poland and the European Union (recessions). On a technical note: The USDPLN pair has successfully broken out of a descending trendline on the...
After many consecutive days of rising, the price of gold today, October 13, of the world has decreased as data broadcast in the US cooled, the USD and US interest bonds heated up. Overnight, the US announced that the annual consumer price index (CPI) increased by 3.7%, higher than the forecast of 3.6%. However, the annual core CPI excluding real product and...
On the world gold market, the price of gold traded at the end of last week in the US decreased by 15.9 USD to 1,848.4 USD/ounce. In Asia this morning, gold prices continued to fall to 1,845 USD/ounce. Gold futures price delivered in December 2023 on the Comex New York floor decreased by 12.5 USD, equivalent to a decrease of 0.67% to 1,866.1 USD/ounce. The gold...
Gold prices fell in the morning session on Monday (October 2) because of pressure from the strong USD, after ending last week at a 6-month low. The dollar has appreciated against rival currencies, making gold more attractive to buyers in other currencies. At the time of the survey, the USD Index, a measure of the greenback's strength, against the fiat currency,...
This morning, world gold prices continued to decline with spot gold down 11.4 USD to 1,864.8 USD/ounce. Gold futures last traded at $1,882.30 an ounce, down $8.60 from the bright spot. World gold was at its darkest in 9 months in the early morning trading session this morning (Vietnam time) as high bond yields and a strong USD continued to weigh on the precious...
This morning, world gold prices dropped sharply with spot gold down 24.1 USD to 1,876.2 USD/ounce. Gold futures last traded at $1,890.90 an ounce, down $28.90 from the bright spot. Gold slipped from key psychological support below $1,900 an ounce in this bright trading session as the Federal Reserve's hawkish stance continued to boost US left-wing interests....
Gold prices today, September 26, on the world market decreased in the context of a sharp increase in US bonds. USD index rose to highest level in 6.5 months. Gold prices fell and US Treasury bond yields increased and reached their highest level in many years. DXY index rose to highest level in 6.5 months. The DXY index (movement of the greenback against 6 major...
World gold prices this morning were stable, spot gold decreased by 2.2 USD/ounce to 1,929.5 USD/ounce. Gold futures last traded at 1,967.1 USD/ounce, up 13.4 USD compared to yesterday morning. True to market expectations, the US Federal Reserve (Fed) decided to keep interest rates unchanged in the range of 5.25% to 5.50% at the September monetary policy meeting....