Gold and Silver Price Forecast: Gold Falls Below $4,000 as Fed Bets Rise
Gold and silver prices remain under pressure as Fed rate hike bets rise, the U.S. dollar strengthens, and fragile U.S.-Iran peace efforts keep inflation risks alive.
Gold Holds Steady in Bearish Consolidation Zone
Gold held steady in early Asian trade. The yellow metal has now entered a medium-term bearish consolidation zone below $4,115 an ounce, Swissquote Bank said.
Gold's correction is a buying opportunity as governments won't tolerate economic pain - Waratah Capital's Dunkley
Gold's recent correction has created a compelling opportunity in both bullion and mining equities as governments and central banks will eventually prove unwilling to tolerate economic pain, according to one veteran portfolio manager who expects policymakers to keep the economy running hot for years to come.
Commodities Chief: Gold Headed “Above $4,500,” Don't Let the Selloff Fool You
Gold's brutal stretch has rattled even seasoned bulls, but Suki Cooper, Global Head of Commodities Research at Standard Chartered Bank, is telling investors not to confuse a liquidity flush with a broken thesis.
Central banks see gold prices trading between $5,000 and $6,000 in 12 months - OMFIF Survey
Despite gold's recent volatility, central banks have little intention of backing away from the precious metal. Instead, the latest research from the Official Monetary and Financial Institutions Forum (OMFIF) suggests official institutions are becoming even more committed to gold as a strategic monetary asset as they navigate an increasingly fragmented global financial system.
Central banks see gold prices trading between $5,00 and $6,000 in 12 months - OMFIF Survey
Despite gold's recent volatility, central banks have little intention of backing away from the precious metal. Instead, the latest research from the Official Monetary and Financial Institutions Forum (OMFIF) suggests official institutions are becoming even more committed to gold as a strategic monetary asset as they navigate an increasingly fragmented global financial system.
‘Gold is not done' and sovereign demand will drive price up to $4,900/oz in 2026 – Goldman Sachs' Dart
Gold's precipitous price decline over the last four months doesn't mean the rally is over for the year, and central bank demand will drive the precious metal all the way back to the edge of $5,000, according to Samantha Dart, co-head of global commodities research at Goldman Sachs."Gold is not done," Dart said in her team's latest research note.
Gold is on the verge of a ‘death cross' that could surprisingly foreshadow gains
Here's what 45 years of data on death crosses in gold can tell us about the path ahead.
Spot gold spikes to session high $4,048/oz after Consumer Confidence at 91.2 in June
Gold prices are trading at session highs after the latest data showed a mixed picture for U.S. consumer sentiment this month.The Consumer Confidence Index rose to 91.2 in June, below economists' consensus forecast for a 94.2 reading but above the downwardly revised 90.6 print from May, the Conference Board announced on Tuesday.
Gold price attracts a modest bid even as U.S. JOLTS shows resilient labor market
The gold market is trying to attract fresh buying momentum, but support at $4,000 an ounce remains at risk as the U.S. labor market continues to show resilience, with the number of available jobs holding relatively steady last month.
Gold (XAUUSD) Price Forecast: Will Warsh and NFP Trigger Gold's Next Major Move?
Gold faces a critical test as Fed Chair Warsh and the U.S. jobs report could reshape rate expectations, the dollar, yields, and XAU/USD.
Gold's $4,000 skirmish continues as it eyes worst quarter in 13 years
The precious metal may have the calendar on its side, according to an analyst
