Gold Price Forecast & Analysis: $1750 to Cap The Upsider

Gold Price Forecast

Gold Price Forecast & Analysis: Gold is edging higher in Tuesday’s trading so far, benefiting from falling Treasury yields and tepid risk tone. Markets appear to have turned risk-averse, re-assessing their bets on faster US economic recovery amid a potential hike in tax rates while covid restrictions in Europe also dampen the mood.

Read moreGold Price Forecast & Analysis: $1750 to Cap The Upsider

Gold Price Forecast

Gold Prices Face Next Resistance key $1724 — Neal Bhai Reports

Gold Prices Today Fall

Gold prices (Yellow Metal) is struggling to extend its recovery momentum above $1700, as the US dollar clings onto the recent upside amid a cautious market mood. Gold, however, finds support from retreating US Treasury yields, as uncertainty around the passing of President Joe Biden’s $2 trillion infrastructure plan.

Read moreGold Prices Face Next Resistance key $1724 — Neal Bhai Reports

Gold Prices Today Fall