FalCol_TradingMaster

FalCol_TradingMaster

China and India, the world’s two largest gold consumers, are also facing domestic challenges that could dampen demand for the precious metal. In China, a weaker yuan and a sluggish recovery from the pandemic have made gold less attractive. India, the number two gold market, is also facing similar challenges, with a recent currency devaluation eroding its...

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Last week, the global gold market had a quiet trading week, with prices capped at $2,650/ounce. This week, gold prices are also expected to remain flat due to the tug-of-war between safe-haven demand and pressure from the recovery of bond yields and the greenback. Speaking about gold's movements in 2025, City Index market analyst Fawad Razaqzada said that...

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At the beginning of the trading session on December 26 (US time), the world gold price increased slightly after the US announced that the number of weekly unemployment benefit applications reached 219,000, a slight increase compared to the forecast of 218,000 applications. This further strengthens the possibility that the US Federal Reserve (Fed) will delay...

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In its Commodity Outlook 2025 report, TD Securities analysts noted that the Fed's rate-cutting cycle, geopolitical uncertainty and strong central bank demand for gold have pushed gold prices to record highs this year, but capital flows have not provided strong support. "There is no shortage of compelling macro stories that have fueled gold's rally in recent...

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Donald Trump’s transition team is looking for ways to end conflicts in Ukraine and the Middle East. The trade war between the US and many countries, including China, may not be too tense. Donald Trump only sees tariffs as a negotiating tool. If the trade deficit improves, the trade war is likely to be less fierce. Donald Trump's transition team is looking for...

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Looking ahead to gold prices, John LaForge, head of physical asset strategy at Wells Fargo, said during his bank's annual outlook webinar that he won't be paying much attention to the Federal Reserve in 2025. Economists at the bank expect the U.S. central bank to cut interest rates only once next year. He also pays more attention to central bank demand than the...

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However, the precious metal is under some pressure as the dollar index rose sharply and US Treasury yields rose slightly. The Conference Board reported on Monday that its US consumer confidence index fell to 104.7, down from a revised 112.8 in November. The reading was weaker than expected, with economists predicting the index would be largely unchanged....

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At the beginning of the trading session on December 19 (US time), the world gold price continued to decrease after the US announced the number of unemployment benefit applications was 220,000, down from the forecast of 230,000 applications. This prompted the US Federal Reserve (Fed) to slow down the process of cutting interest rates in the future. Previously,...

FalCol_TradingMaster

At the beginning of the trading session on December 19 (US time), the world gold price continued to decrease after the US announced the number of unemployment benefit applications was 220,000, down from the forecast of 230,000 applications. This prompted the US Federal Reserve (Fed) to slow down the process of cutting interest rates in the future. Previously,...

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The Fed has started its two-day policy meeting and is expected to cut interest rates by another 25 basis points. However, the focus will be on the Summary of Economic Projections (SEP) and dot plot, which provide guidance for interest rates in 2025. While US Treasury yields and real yields both edged lower, the US dollar remained steady. The 10-year Treasury...

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Gold prices continued to weaken today due to stronger-than-expected important US economic news. The US retail sales report for November showed an increase of 0.7%, 0.2 percentage points higher than the forecast increase of 0.5%. This information made some gold investors worry that the FED may postpone the 0.25 percentage point interest rate cut after the end of...

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At the beginning of the trading session on December 16 (US time), world gold prices increased. The market expects the US Federal Reserve (Fed) to cut interest rates by 25 basis points at its meeting on December 17-18 (US time). Investors took advantage of buying gold to get ahead of the uptrend after the Fed's decision. After a series of unusual developments in...

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World gold prices increased slightly as the USD dropped. Recorded at 9:45 am on December 17, the US Dollar Index measuring the fluctuation of the greenback with 6 major currencies was at 106,470 points (down 0.08%). The gold market is cautious as investors prepare to receive the decision of the US Federal Reserve (FED), which is expected to reduce interest rates...

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World gold prices decrease when the USD increases. Recorded at 9:40 a.m. on December 16, the US Dollar Index measuring the fluctuation of the greenback with 6 major currencies was at 106,570 points (down 0.11%). According to Naeem Aslam - investment director of Zaye Capital Markets, gold investors should mentally prepare for the possibility of gold prices...

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World gold prices fell more than 1% on Thursday as investors rushed to take profits after prices hit a 5-week high. "Gold still has an upward trend. However, last night's decline may have occurred because investors sold to take profits ahead of next week's meeting of the US Federal Reserve (FED)" - Zain Vawda - analyst market analysis at MarketPulse...

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According to a report by the World Gold Council (WGC), the People's Bank of China (PBOC) bought gold for reserves in November after a 6-month pause. China's gold reserves rose to 72.96 million ounces of pure gold at the end of November, up from 72.8 million ounces the previous month. In November, gold prices dropped sharply due to the sell-off after the US...

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World gold prices were under pressure last week when the USD index increased. Recorded at 7:00 a.m. on December 8, the US Dollar Index measuring the fluctuation of the greenback with 6 major currencies was at 106,040 points (up 0.32%). Kitco News's latest survey shows that experts continue to be divided, while individual investors are optimistic about gold prices...

FalCol_TradingMaster Updated 

Currently, gold prices are said to be "stuck" in a medium-term correction cycle, while the long-term price chart and macro fundamentals still support this safe-haven metal's price increase after the correction. Adjustment lasting 6 weeks ends. According to Kitco's latest survey, with 12 Wall Street analysts suggesting that price fluctuations are unlikely in the...