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Precious metal prices are still stubbornly clinging, holding the important position of 1,950 USD/ounce while waiting for information from the meeting of the US Federal Reserve (Fed). The Fed meeting will begin on July 25 and end on July 26 (US time). Financial markets are betting close to 100% that the Fed will raise rates by 0.25 percentage points at this...

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World gold price fell slightly with spot gold down 8.7 USD to 1,954.4 USD/ounce. Gold futures were last traded at $1,957.3 per ounce, down $4.9 from the previous day's dawn. The rally of the US Dollar Index in the first session of the week put pressure on the precious metal priced in USD. Earlier this morning, the US Dollar Index rose 0.31% to 101.38 points,...

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Gold prices this morning extended their decline for the 4th straight session as the market was cautiously awaiting information on my monetary policy at the Federal Reserve's (FED) meeting this week. Gold price on July 25 decreased slightly before the meeting of the Fed Photo 2 Gold price chart in the morning of July 25. (Photo: kitco.com) A rally in the dollar...

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Gold futures for August delivery on the Comex New York floor fell $ 4.4, futures fell 0.22% to $ 1,962.2 an ounce. Gold eased slightly under pressure as a single US metropolis continued to recover after hitting a 15-month low last week. The focus of the market is on the key central bank decision this midweek. The US data point for the week is the Federal...

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The recovery of the USD - Index at the beginning of the week put pressure on precious metals. The high green dong will make gold attractive to silver buyers holding other foreign currencies. One factor affecting the price of gold is its high new usage. According to experts, a catastrophic outbreak could force the US Federal Reserve (Fed) to maintain the...

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World gold prices surged to their highest in more than two months early last week, creating solid optimism in the market. However, some analysts are also warning investors not to "jump in" before the US Federal Reserve (Fed) announces interest rate decision in the middle of this week. The latest Kitco News gold survey shows that retail investors expect gold to...

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The world gold price is forecasted by investors to soon return to the price of $2,000/ounce despite the US Federal Reserve (Fed) raising interest rates by 25 percentage points on July 26. However, analysts are more cautious, warning investors not to pour too much money into gold before the Fed decides to raise interest rates further. James Stanley, market...

HDTradingMaster Updated 

The world gold price is forecasted by investors to soon return to the price of $2,000/ounce despite the US Federal Reserve (Fed) raising interest rates by 25 percentage points on July 26. However, analysts are more cautious, warning investors not to pour too much money into gold before the Fed decides to raise interest rates further. James Stanley, market...

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World gold price tends to increase with spot gold increasing by 2.2 USD, equivalent to closing last week's session to 1,963.1 USD/ounce. World gold prices surged to their highest in more than two months early last week, creating solid optimism in the market. However, some analysts are also warning investors not to "jump in" before the US Federal Reserve (Fed)...

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World gold price in the early morning fell slightly with spot gold down 5.7 USD to 1,969.9 USD/ounce. Gold futures in August traded at the end of the period at 1,970.9 USD / ounce, down 9.9 USD compared to the dawn of the previous day. World gold fell slightly in reaction to newly released US data showing that the labor market saw an upward momentum....

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Many investors expect that the US Federal Reserve (Fed) will continue to raise interest rates one last time in its meeting on July 26, with an increase of 0.25 basis points, then will keep this interest rate unchanged until interest rates fall to the standard target of 2%. Thereby, setting the base interest rate to 5 - 5.25%. Gold price always reacts to my...

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Gold price continues to test the resistance above $1,980/ounce. However, precious metals have no upside momentum. The Philadelphia Federal Reserve said the manufacturing sector was still struggling. The outlook for production and business in July is not very positive. The gold market did not react strongly to this disappointing economic data. The labor market...

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After two sessions of soaring to a 2-month high, the gold price today has begun to decline due to many factors. The main reason for the decline in precious metal prices was the recovery of the USD. In the morning, the US Dollar Index, which measures volatility in the greenback, rose 0.51% to the most recent 101, taking on gold's appeal to buyers holding other...

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All in all, gold prices were trading at their best levels since June 6th. The price of yellow metal has increased by more than 8% since the beginning of the year 2023 to date. In the same performance, silver prices, the sister commodity to gold, rose above the $25 resistance level. Thus, the price of the white metal has risen by about 4.4% so far this year. For...

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Bitcoin price on CoinDesk at $30,933, down 2.4% making each coin lose $765. In the last 24 hours, Bitcoin trading recorded the lowest at 30,426 USD and the highest at 31,900 USD. According to CoinMarketCap, the amount of Bitcoin traded in the past 24 hours continues to be low at about $ 20.5 billion, the market capitalization is pulled back to the area of ​​$...

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Gold prices steadied in midweek trading as the market corrected after a recent rally that brought gold to a 7-week high. Experts say that this is a respite for gold to conquer new levels. Forecasting the gold price trend, in an interview with Kitco News, Ryan McIntyre, managing partner at Sprott Inc., said that the gold market once again started to shine when the...

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The charts have recently turned bullish for the precious metal, which is causing technical speculators to enter long positions. According to some market analysts, this could be the start of a new bull run that will take gold to $2,000 an ounce. The upbeat outlook comes as gold prices test key jet resistance at $1,980 an ounce and could make a fresh push back...