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Helen_AUV Updated 

: The price of gold (XAU/USD) has gained momentum, crossing the significant $2,000 threshold during early Asian trading on Monday. This marks the first time the precious yellow metal has risen above $2,000 since <> as escalating political turmoil drives the demand for safe-haven assets. Simultaneously, the US Dollar Index (DXY), which measures the value of the US...

Helen_AUV Updated 

Gold prices always garner the attention of investors and consumers alike. With the gold price chart evolving over time, we can observe several crucial indicators and trends. Recent Gold Price Chart: Firstly, let's look at the recent gold price chart. It illustrates the price fluctuations of gold in the near past. Investors often examine this chart to determine...

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Speculators who had seen the $2,000/ounce territory as a distant realm in the past two months are now reclaiming it as investors seek safe havens amidst increasing fears that Israel may indeed launch a comprehensive invasion into Gaza to clear Hamas fighters from Palestinian soil. The most actively traded Gold Futures Contract on the New York Comex exchange, for...

Helen_AUV Updated 

Gold's upward momentum continued during the early Asian trading hours on Thursday. Despite higher yields on US Treasury bonds, the precious metal surged beyond $1,980 USD, driven by risk-averse sentiment. Growing geopolitical tensions in the Middle East have heightened demand for safe-haven assets like XAU/USD. Technical analysis on the daily chart for XAU/USD...

Helen_AUV Updated 

Gold prices ended Tuesday's trading session with a slight decline in the midst of an indecisive market. This move reflects the growing uncertainty and suggests that further losses may be imminent for the precious metal in the very near future. Meanwhile, the bullish camp continues to set their sights on the key resistance level at the $2,000 per troy ounce mark at...