Tag: Gold trading
Gold Price Outlook: Weekly Gain of Over 2% Despite Falling from Daily Highs
Gold prices experienced a rollercoaster ride this week, hitting a high of $2,477 before dropping to $2,430, marking a 0.60% decline in value. This...
Gold Price Forecast 2021: Analyzing the Impressive Rally and Future Obstacles
Gold has been performing well this year, with an 18% gain so far. Factors such as geopolitical uncertainty, central bank buying, consumer demand in...
Gold Price Surges to Six-Week High Amid Weak US Labor Market Data
Gold prices surged to a six-week high, reaching $2,385 as traders reacted to the latest US labor market data. Although the June Nonfarm Payrolls...
Gold Prices Decline as Strong US Yields Boost US Dollar
Gold prices took a hit on Wednesday as the US Dollar strengthened, driven by the surge in US Treasury yields, ahead of the upcoming...