Tag: Precious metals
Gold trades just under $1900 at year end
Up from $1517.27 at the year end 2019. The price of gold is ending the year just under the $1900 level. The current price is trading at $1897.93. That is up $3.54 or 0.19%. …
Read More »Gold Price Analysis: XAU/USD ends 2020 hovering near $1900, with a 22% gain
Gold is about to end the year with a bullish bias, testing the $1900 barrier, supported by a US dollar decline. It gained 22% over the year and hit a
Read More »Gold Price Analysis: XAU/USD bulls look to US Senate for breaking monotony below $1,900
Gold keeps a less than $5 trading range, established during Tuesday’s late-US session, while taking rounds to $1878 amid the Asian trading session on
Read More »Gold Price Analysis: XAU/USD refreshes intraday high below $1,900 amid US stimulus updates
Gold takes the bids near $1,880 during Tuesday’s Asian session. In doing so, the yellow metal stretches the latest corrective pullback from $1,871 whi
Read More »Gold Price Analysis: XAU/USD sees firstly weekly close below $1800 since mid-July
Gold (XAU/USD) finally breached the critical $1800 support on Friday, closing the week below that level for the first time since July 16. The spot ero
Read More »Gold Price News and Forecast: XAU/USD erases losses and approaches $1900
Gold picks up bids around $1,888, up 0.07% on a day, during the early Tuesday’s Asian session. The yellow metal recently gained …
Read More »Gold Price Analysis: XAU/USD could extend rebound with daily close above $1,900
The XAU/USD pair closed the last two days of the week in the positive territory but closed below $1,900. On a weekly basis, the pair erased more than
Read More »Gold Price News and Forecast: XAU/USD consolidating following the covid vaccine-related drop
Gold prices extend corrective bounce off $1,856 while taking rounds to $1,865 amid the initial Asian session on Thursday. Following a heavy drop on Mo
Read More »Gold Price Analysis: XAU/USD rallies to $1,960 highs on risk appetite
Gold futures have ticked higher on Friday to reach seven-week highs at $1,960. Bullion has appreciated nearly 4% on the week boosted by USD weakness a
Read More »Gold Price Analysis: XAU/USD breaches 100-day SMA for first since March
Gold looks south, having breached the widely-tracked 100-day simple moving average (SMA) support for the first time since March 23. The yellow metal f
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