Gold Spot Target Was $2050 Yesterday Hit Full Target $2055 – Neal Bhai. Gold steadied on Thursday after hitting a record high in the previous session as dismal U.S. jobs data hammered the dollar, while increasing worries about a recovery in the pandemic-ravaged global economy kept demand solid for the metal.
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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 Spot I Told You Above $1930 Target $1972—$2020, 1st Target Hit Next Wait 2nd Target.
While the rally appeared to pause, analysts who say gold is overvalued aren’t expecting a substantial decline. A correction probably will be measured, thanks to the weak dollar and chronic turmoil in the global economy, BNP Paribas SA said.
Gold Remains Above $1,900 Outlook Remains Positive – Gold Silver Reports
This set-up is now beginning to ease and while gold remains above $1,900 last Friday’s high and Monday and Tuesday’s low prints the outlook remains positive.
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.
Gold Spot Above $1930 Target $1972—$2020 – Neal Bhai Reports (NBR)
he gold market made its historic move Sunday evening during the Asian trading session. First gold spot hit its all-time high above $1,920 and then August futures quickly followed suit. August gold last traded at $1,922.70 an ounce, up more than 1% on the day.