Gold, Silver, Platinum Forecasts – Gold Tests $2400 Amid Broad Pullback In Commodity Markets
Gold gained strong downside momentum after a successful test of the support at $2445 – $2450.
Gold drops 2% in ‘typical' move after touching record highs this week
Gold futures dropped by more than 2% in Friday dealings, on track to post their first weekly loss in a month in what some analysts see as a “typical” pullback in the wake of the metal's rise to record highs earlier this week.
Gold market analysis for July 19 - key intra-day price entry levels for active traders
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 Price Forecast – Gold Plunges in The Early Hours of Friday
The gold market plunged in the early hours of Friday, as the market participants seemingly jumped back into the US dollar. The $2400 level now becomes very important in the short-term, and it will be worth paying attention to.
Gold price sharply down on profit taking, weak long liquidation
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 (XAU) Forecast: Price Retreats from Record High as Rate Cut Speculation Surges
Gold retreats from record high amid Fed rate cut speculation. Analysts eye $3,000 target, but short-term caution advised.
The Role of Commodity Prices in Shaping South African Economy and ZAR
South Africa has had one of the largest economies in Africa for decades. This country is a major exporter of natural resources such as minerals, precious metals, and agricultural products.
Gold (XAU) Daily Forecast: $2,423 Amid Strong Dollar and Profit-Taking
Gold (XAU) prices dropped to $2,423, pressured by a stronger US dollar and profit-taking after a recent rally.
Gold Price Forecast: Falls Further After Reaching New Record High
After hitting a record high of $2,484, gold pulls back, heading towards test of key support levels before launching towards near-term upside target of $2,495.
Political winds are shifting, which could drive gold prices 10% to 15% higher - Thorsten Polleit
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.
Record gold prices are in a ‘different world' than silver and copper. Here's why.
Gold's rise to fresh record highs this month has left both silver and copper in the dust, with the yellow metal rising to its own tune, buoyed by its use as a hedge against inflation and by central-bank purchases, but also offering hints on the prospects for the industrial metals.
Gold, Silver, Platinum Forecasts – Gold Pulls Back As Dollar Rebounds
Gold traders continue to take profits near historic highs.
