Hi everyone! At the close of the trading session this week, the price of gold in the market was around $1914 per ounce. Overall, gold prices have increased by $28 per ounce over the past week. Economic data from the United States continues to play a significant role in influencing market sentiment towards gold. The Federal Reserve has stated that it will maintain...
Hello dear friends! Today, on August 25th, the price of gold in the global market has seen a slight increase. Currently, gold is trading steadily around $1913 despite the rise in the value of the US dollar and bond yields at the end of this morning's trading session. The weaker Purchasing Managers' Index (PMI) results have reduced the likelihood of further...
Hello dear friends, it's a pleasure to meet you all and explore the gold market today! Currently, gold is experiencing a slight decrease of 1.5 USD to reach 1914.8 USD/ounce. At the end of the trading week, the gold market continues to stay below the 1,950 USD/ounce mark. In the final trading session of this week, gold was not significantly influenced by the...
Dear readers, do you have any questions about the current gold situation? Currently, the price of gold is stable at around $1916.3 per ounce. Lately, the gold market has been facing difficulties as the Federal Reserve continues to maintain a tight monetary policy. Increasing bond yields have posed challenges for the gold market, causing prices to drop below the...
It is a pleasure to meet you all again for a discussion on the current situation of gold. Currently, the price of gold has slightly declined in the morning and is trading around $1915 due to market anticipation for the speech by the Chairman of the Federal Reserve (Fed) today, which will provide important information on monetary policies in the near future. In...
What do you think about the price of gold today? Currently, gold is slightly rising to 1913 while awaiting information from the Federal Reserve's meeting at Jackson Hole today. After 11 consecutive interest rate hikes since March 2022, the Fed will temporarily pause rate hikes in the September meeting. Currently, this market rate stands at over 86%. US inflation...
What are your thoughts on how gold will move today? Currently, gold is experiencing slight fluctuations around the $1,900 per ounce mark after recently bouncing back from its lowest point in five months. The increase in US government bond yields is putting pressure on gold, while investors are still waiting for further signals regarding interest rates from the...
Dear beloved readers, Currently, the price of gold is trading around $1919.8 per ounce, experiencing a 0.2% increase compared to the previous trading session. Gold saw significant gains in yesterday's trading session due to a weaker US dollar and declining US Treasury bond yields. The European Central Bank (ECB) is expected to pause its tightening cycle....
Hello dear readers: At present, the price of gold is 1921 USD, a strong increase of 20 USD compared to the same time yesterday. Selling is currently the main trend. Gold has experienced a significant increase after a period of stagnation due to the weakening of the US dollar. This morning, the US Dollar Index, which measures fluctuations in the greenback,...
Hello friends! Gold prices increased slightly today, with gold rising $2.7 to $1,894.3 per ounce. Gold is still trading at its lowest level in the past 5 months during this week's trading session. The upward momentum of the precious metal is still being limited by the increasing yields on US Treasury bonds, along with a technical chart that shows a downward...
Greetings, dear friends! What are your thoughts on the potential movement of gold today? Allow me to share my perspective on the current state of gold prices: At present, gold prices remain stagnant near a five-month low, hovering around $1,896.43 per ounce. This can be attributed to the rise in Treasury yields, which exerts downward pressure on this precious...
Hello traders, currently the price of gold today on August 21st continues to decline and reached a level of 1891 due to the increase in the US dollar and bond yields. The main reason is that gold is under pressure from the yield of US Treasury bonds and the increasing USD index. The yield on 10-year US Treasury bonds reached its highest level in 15 years. The USD...
Gold price today tends to decrease with gold trading around 1884.98 usd/ounce. Ending last week, gold marked the third consecutive week of sharp decline. Expectations that the US Federal Reserve (Fed) will keep interest rates high for a long time weigh on this precious metal. Talking about the price action this week, the market forecast will be quiet as...
On the market, the price of gold ended the week with a 0.02% increase, equivalent to a $0.29 rise per ounce, reaching $1,888.54. The decrease in the value of the US dollar by 0.2% helped limit the decline in gold prices during this session and made it cheaper for those holding other currencies. The Federal Reserve's cautious stance may provide some relief for...
The global gold price continues to decline as it remains weighed down by monetary policies. Gold slightly reverses its course and decreases to $1,892.4 per ounce. Gold trades near its lowest level in six months after the Federal Reserve's monetary policy meeting in July. The Fed maintains a "hawkish" stance on monetary policy and leaves open other options for...
It is a pleasure to meet you again to share the latest updates on the gold price. Currently, in the context of a strong US dollar and rising bond yields, the price of gold has decreased to its lowest level in 5 months, currently standing at $1903.41 per ounce. "The Fed remains optimistic here, and this may support further tightening of monetary policy in the...
Greetings traders! Below are my insights on the current outlook for gold: Currently, gold is trading at $1903.220 per ounce and has surpassed the critical level of $1900, showing a slight upward trend. One of the factors hindering gold prices is the strengthening US dollar, which rose by 0.2% on the same day. This makes gold more expensive for holders of other...
Gold prices continued to rise slightly today, with an increase of $2.9 per ounce, bringing the price to $1,901. The ability to make up for short-term losses and some bargain hunting activities are believed to be the driving factors behind this precious metal's upward momentum, after reaching its lowest point in the past five months. The market seems more subdued...