Gold prices were flat in early Asian trade. Monetary policy expectations and the U.S.'s economic performance will be the dominant drivers of the precious metal's prices in the near term, Maike Futures said.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
During the trading session on Monday, the first thing that I saw in the gold market is that we still remain somewhat sluggish, and at this point time I think we are basically trying to find some reason to get bullish. At this point, it's very difficult.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Gold at $2,639.53 resistance; silver eyes $30.14 breakout. Symmetrical patterns and market sentiment shape price moves.
Gold edged higher in early Asian trade in thin holiday trading.
Big banks are forecasting that prices will rise to $3,000 in the year ahead.
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