Silver turns positive after touching two-month low. Gold prices reversed course and turned positive on Thursday, after touching a two-month low, as the dollar retreated slightly and as Federal Reserve officials reaffirmed to keeping monetary policy loose.
gold futures contract
Gold Price Heads for Third Weekly Decline as Powell’s Speech Assessed
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.
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 Tips Today – Morning Call Rocking $1942 To $1988 – Boom Boom
Gold Tips Today – Bullion markets continue to march higher as we have seen the metal recovered quite nicely from the $1900 region. With that in mind I think that we continue to see a lot of buying on dips, as a lot of traders will have gotten shaken out but then have come to realize the fact that the market has not crushed the trend, only slowed it down.
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.