Hello everyone, it's a pleasure to share and explore the market with you today. Currently, the gold market (24/8) has experienced a significant increase compared to the previous session. Gold is now far surpassing the dangerous price level of $1900 USD after economic data from Europe revealed a less positive purchasing managers' index (PMI), prompting investors to...
Hello traders! Gold prices are continuing to rise as newly released data suggests a cooling labor market and a slowing US economy. Currently, the price of gold is trading around $1945 per ounce, with a target of reaching $195x. The trading of gold on the 34 and 89 EMA lines indicates signs of price increase during this period.
Greetings dear readers! Gold has experienced a significant increase today, trading around the $1945 mark due to the depreciation of the US dollar. The long-term forecast indicates a decline in the strength of the US currency. Furthermore, gold has also risen due to a decrease in US bond yields, reaching their lowest level in three weeks after data showed that job...
Hello! I am delighted to engage in a discussion about today's market. Currently, on August 31st, the gold market continues to experience a strong upward trend and has reached a level of 1947 USD per ounce. The reason behind this significant increase in the price of gold may be attributed to the decline of the US dollar, which provides substantial support for its...
Hello everyone! Are you curious about the price of gold today? Currently, the price of gold is listed at 1945.6 USD per ounce, which is an increase of 10.4 USD per ounce compared to the previous trading session. At this time, the price of gold continues to rise due to a decrease in US bond yields for three consecutive weeks after data showed a decline in job...
The current price of gold is $1936 per ounce, and it has remained relatively stable at this level. The global market experienced a surge when consumer confidence indicators in the US for August showed a significant decline. With interest rates still high and consumer confidence weakening, this has supported a strong increase in the price of gold.
The current gold price is trading quite firmly around the price range of 1936 USD/ounce. Gold increased due to the weakening of the USD in the short term. Today, the US will release GDP growth figures for the second quarter of 2023. The GDP forecast for the second quarter of 2023 will be at 2.4%, in line with the previous report. If US GDP increases, gold...
Hello beloved smart traders! In the market, gold is experiencing a slight increase and is currently trading at a high level above $1920, reaching $1923.5 per ounce. It can be observed that the gold market has undergone significant fluctuations after the release of macroeconomic data this week. The developments in the US economy continue to play an important role...
Dear esteemed traders! The trading session on August 29th started with a decline in the spot gold price from $1,926 to $1,917 per ounce, as the USD continued to strengthen. However, after a few hours of trading, the spot gold price quickly rebounded to $1,936 per ounce due to a rapid decrease in the USD. The DXY index briefly reached 104.1 points before returning...
Are you curious about the current price of gold? Below are my observations on today's gold prices: Currently, gold is trading at a relatively high level, with an increase of nearly 15 USD compared to the same time yesterday, and it is trading around 1937.11 USD/ounce due to a rapid decrease in the US dollar. Investors are also waiting for some important economic...
Hello dear friends, it's a pleasure to explore the market with you today! Currently, the price of gold has risen again due to the weakening of the USD and has returned to the $1920 mark. In the early morning, the US Dollar Index, which measures fluctuations in the greenback, slipped below 104 points. This has increased the appeal of gold for buyers who hold other...
Hello dear traders! What are your thoughts on the price of gold today? Currently, gold is trading around the $1920 mark, which is a $5 increase compared to this time yesterday. The reason behind today's rise in gold price is attributed to the decline in the value of the US dollar and a decrease in bond yields. "Even though gold and silver aren't experiencing...
Hello dear friends! What are your thoughts on gold today? Gold has seen a stable recovery from its recent lows and is currently priced at $1922 per ounce, although the future strength of the precious metal is still in doubt due to the prospect of increasing US interest rates. The strength of the USD, which is trading near its highest level in 3 months, also puts...
Hello dear readers, do you have any questions about the price of gold today? Currently, gold is experiencing an increase in value mainly due to the slight weakening of the US dollar and its steady position around $1920 per ounce despite significant pressure from the USD.selling gold is still the main trend. The rise in gold prices can also be attributed to many...
Greetings, dear readers! Today's gold price is listed at $1,914 per ounce, showing a slight decrease of $2 compared to earlier this morning. The market experienced minimal fluctuations after Mr. Powell's speech provided little new information regarding the future direction of the central bank. The FED will continue to exercise caution in bringing inflation back...
Hello dear friends, another week has passed to meet you again and discuss the market today. Currently, the price of gold is still holding steady at $1915.8 per ounce. Today, gold continues to face pressure from the US dollar and rising yields on US Treasury bonds, making it less attractive for investors. As a result, the value of the USD is trending upwards. The...
Hello dear friends! Are you curious about the price of gold today? Currently, gold is showing a slight increase of 0.7 USD to 1,915.5 USD per ounce. Last week, gold experienced modest gains and ended a four-week losing streak. Gold remains resilient despite Federal Reserve Chairman Jerome Powell signaling on Friday that the central bank will maintain its 2%...
Dear readers, are you curious about the gold market today? In the early morning, gold had a tendency to increase by 0.7 USD compared to the closing price of last week's trading session and reached a level of 1916.5 USD/ounce. "Gold is surprisingly strong even when the US dollar is strong this week and the culprit is the weakness of the euro (57.6% in DXY). The...