Gold Price Outlook: Discover the latest gold price trends in simple terms. Learn about key support and resistance levels, and what could drive gold prices up or down. Stay informed with our easy-to-read analysis!
gold price analysis
Gold Price Forecast: Gold Intraday Chart Update [09 May 2025]
Gold Intraday Chart Update: The price of gold dropped a lot after it couldn’t break past $3,440 again. It also fell below an important level called the 21-day Simple Moving Average (SMA), which is at $3,300.
Goldman Sachs, BofA raise gold price forecasts amid trade-war tensions
Goldman Sachs on Wednesday raised its end-2025 gold price forecast to $3,300 per ounce, up from $3,100, with a target range of $3,250 to $3,520 per ounce. The investment bank cited stronger-than-expected exchange-traded fund inflows and sustained central bank demand as key factors behind the revised outlook.
Gold Prices in 2025: Trends, Predictions, and Factors Shaping the Future of the Precious Metal
Gold Prices in 2025: Gold has long been considered a safe-haven asset, a store of value, and a hedge against economic uncertainty. As we approach 2025, the dynamics of the global economy, geopolitical landscape, and monetary policies are expected to play a significant role in determining the future of gold prices. In this article, we delve into the factors that could influence gold prices in 2025 and provide expert predictions on where the precious metal might be headed.
Gold Technical Analysis: Gold Bears Await Daily Candlestick Confirmation
Gold Technical Analysis: Gold prices have been hovering near multi-day lows around the $1,950 mark early on Monday as sellers take a break before the next potential drop. This comes as the US Dollar recovers against other major currencies due to broad risk aversion and rising US Treasury bond yields. Last week, gold prices dropped from near $1,990 as the US Dollar gained momentum and despite the downtrend in US Treasury bond yields.
Gold Price to Trend Lower into 1st Quarter 2023
Gold price Forecast: “Fed Chair Powell signaled the Federal Reserve will slow the pace of interest-rate increases next month, but this does not mean rates will not go past 5%. However, market pricing of the terminal rate is now just under 5%.”
Gold Price Analysis: Gold to Slide Below the $1,614 Support
Gold Price Analysis: Gold prices are likely to revisit the previous low of $1,614 as the bearish momentum is set to continue, if gold closes below $1658 today, the bearish trend in gold will continue.