Gold Forecast For Today: Gold prices edged lower on Friday with spot gold prices at COMEX were trading marginal down near $1756 per ounce in the morning trade. MCX Gold October futures traded steady near Rs. 51642 per 10 gram.
Gold Price Forecast
Gold Prices To trade sideways: Powell’s Jackson Hole Event Speech Eyed
Gold Price Today, Gold Price Outlook, Gold Price Forecast: COMEX gold trades modestly higher near $1770/oz supported by weakness in the US dollar and pause in US bond yields as market players position for Fed Chairman’s comments at the Jackson Hole Symposium. With mixed US economic data showing signs of stress in the economy, market players are assessing if the Fed may take a less hawkish stance.
COMEX Gold at 9-Month Low; Keeping an Eye on Inflation Figures
Gold Price Forecast: Gold prices were trading flat in India on Tuesday, on weak global cues. On Multi Commodity Exchange, gold August futures were trading lower at …
Gold Price Forecast: Below $1790 Downside For Gold as Key Support
Gold Price Forecast: Gold price fell for the second straight day on Monday, starting out a fresh week on the wrong footing while extending the previous week’s broad decline. After reattempting the $1800 mark in the first half of the day, gold price came under fresh selling pressure and fell back to test the key $1,790 support zone.
Gold Price Forecast: Gold Slip continues below $1795 – Neal Bhai
Gold Price Forecast: Spot gold (Yellow Metal) prices broke below a key area of support in recent trade, tumbling beneath both the 200 and 50-day moving averages, both of which sit close to $1795. As of right now, prices have recovered a little and gold price trading around $1785, meaning prices are down only, about 0.8% on the day. This follows Monday’s steep 2.2% down and means dollar-denominated gold has lost nearly $60 in value so far this week.
Gold Price Today: Gold flat – Check Key Levels For Today
Gold Rate Today, Gold Price in India on 26 August 2021: Gold prices in India were trading flat on Thursday following global rates as investors turned cautious ahead of US Fed Reserve Chair Jerome Powell’s speech.
Spot Gold Price Forecast: Long Term Target $1958
Spot Gold Price Forecast: Gold has stalled at the 20-day moving average and is likely to consolidate in the very near-term, says Technical Analysis Research Team. She still expects in the long term, Gold to reach the 1958 area.