Gold price headed for a third weekly drop as investors weighed the impact of the Federal Reserve’s new approach to setting U.S. monetary policy, with a more relaxed stance on inflation.
gold forex symbol
Spot Gold Melt Like ICE – $1960 To $1911.24 – Neal Bhai
Spot gold eased on Friday as the dollar edged higher, denting bullion’s appeal and setting it on track for a second weekly decline, while lingering concerns over the path to recovery from the coronavirus limited losses.
Gold Silver High Alert – Be Cautious @ Higher Level – Neal Bhai
Gold Silver High Alert – Be Cautious @ Higher Level – Neal Bhai
Gold slipped from a record as U.S. stocks rose on positive economic data and the dollar climbed.
Gold Prices Above $1972 Next Ultimate Target $2020—$2050 – Neal Bhai
Gold Prices Above $1972 Next Ultimate Target $2020—$2050 – Neal Bhai
Gold rates have broken a series of records over the past few weeks amid rising COVID-19 cases around the globe and worsening ties between the world’s two largest economies.
Why There’s More to Gold’s Rally Than Inflation Fears – Gold Silver Reports
Bullion is best known as a time-honored haven from inflation, but there’s more to its appeal, and plenty of conflicting forces at work that can excite commentators and investors.
Investors Keep Buying Gold, Real Interest Rates Boost Case for Gold
The U.S. dollar’s reign as the world’s reserve currency is coming under threat, as evinced by the recent surge in gold prices, according to Goldman Sachs Group Inc.
Spot Gold Short Term Outlook – 30 June, 2020 – Neal Bhai Reports
Spot Gold Short Term Outlook : Above $1785 the two key targets are the contract high at $1796 and an up-trending at $1800 level. Crossing to the strong side of the up-trending Gann angle will put gold in an extremely bearish position.