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Gold futures settled sharply lower last week, pressured by a stronger U.S. Dollar, which dampened demand for the dollar-denominated asset. A weaker Euro also indirectly drove gold prices lower. The headlines blamed stronger-than-expected U.S. manufacturing data for underpinning the dollar, but that doesn’t make sense to me since U.S. Treasury yields dropped all week until Friday’s steep rally.
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Gold Price Forecast: You Just Won’t Believe Where Precious Metal Rate is Headed
Gold Price Forecast: Gold price has been rising continuously. Investors worried about safety of their money have invested heavily in it. While yellow metal rate has been climbing fast, it is all set to skyrocket! Cutting through the jargon are experts.
![Spot Gold Short-Term Technical Forecast [11 March 2025]](https://www.goldsilverreports.com/wp-content/uploads/2019/01/Gold-bar-5945sdf54@Neal-Bhai-Reports-nbr.jpg)
The Gold Market Is Being Tested Like Never Before
From South Africa’s ultradeep mine shafts to vaults underneath London, from metals traders in New York skyscrapers to mainstreet sellers of coins: the global gold market is being tested like neverbefore.