Analysis of gold news: Last Friday (January 31), the international gold price hit a record high, breaking through $2,800/ounce, as risk aversion in the market heated up and investors poured into the gold market to deal with the tariff threats reiterated by US President Donald Trump. The intraday high reached $2,817.09/ounce. The price of gold has risen by more...
Analysis of gold news: On Friday (January 31), international gold prices hit a record high, breaking through $2,800/ounce, as market risk aversion heated up and investors poured into the gold market to deal with the tariff threats reiterated by US President Donald Trump. The highest intraday price reached $2,817.09/ounce. Gold prices have risen by more than 6%...
Gold prices broke through the $2,800 mark for the first time on Friday. U.S. President Trump's tariff threat has exacerbated market concerns about global economic growth and inflationary pressures, prompting investors to rush to buy safe-haven assets. It hit a record high of $2,817.23 during the session. There are many uncertainties now, and the market is also...
Thursday (January 30) Gold European session, After the Fed announced its interest rate decision on Wednesday, the price of gold fell to $2,744.65/ounce, but recovered most of the losses after Chairman Powell's speech, and finally closed at $2,759.73/ounce, a drop of 0.13%. The US dollar index and the US 10-year Treasury yield rose briefly after the interest...
In the European market on Wednesday (January 29), the price of gold came under slight pressure and failed to continue the upward trend of the previous day. However, the downside space for gold prices seems to be limited to a certain extent, and the US Treasury yields fell again, which may provide support for gold. In addition, concerns about U.S. President...
On Tuesday (January 28) in the European market, gold maintained a fluctuating trend in the $2,742area, which was affected by a combination of factors. US President Donald Trump's trade tariff remarks have rekindled inflation concerns and promoted a moderate rebound in US Treasury yields. The change helped the dollar rebound from a one-month low hit last Monday...
Analysis of gold news: Spot gold fluctuated and fell in early Asian trading on Monday (January 27), and is currently trading around $2,757/ounce. Gold prices continued to rise by 0.6% last Friday (November 24), reaching a high of $2,785.86/ounce during the session, just one step away from the historical high of $2,789.95, closing at $2,770/ounce, up 2.5% on a...
Gold news analysis: Gold prices rose nearly 1% on Friday (January 24), close to the historical high set in October last year, mainly driven by U.S. President Donald Trump's call for interest rate cuts and uncertainty in his trade policy. Spot gold rose as much as 0.12% to $2,785.50 per ounce, up 2.8% this week. Gold prices are currently at their highest level...
Analysis of gold news: In the U.S. market on Friday (January 24), spot gold surged higher but encountered resistance and fell back. Spot gold bottomed out and rebounded on Thursday, falling to $2,735.83/ounce earlier in the session, but the change in the number of initial jobless claims in the United States performed worse than market expectations, and the...
Analysis of gold news: Spot gold maintained a mild decline in the European market on Thursday (January 23). Gold prices hit a three-month high of $2,763/oz on Wednesday, as attention turned to U.S. fundamentals, including U.S. initial jobless claims data. Gold traders are preparing for a series of top U.S. economic data scheduled for release on Thursday, which...
On Wednesday (January 22), spot gold fluctuated in a narrow range at a high level in the Asian session, currently trading around $2,751/ounce. Gold prices rose 1.39% on Tuesday, jumping to a more than two-month high of $2,745.83/ounce and closing at $2,744.59/ounce, supported by a weaker dollar. Under the uncertainty of possible tariffs imposed by US President...
Gold has been rising since the early Asian session today, and the high point of the European session has reached 2732. Combined with the current trend of the US dollar index, the rise of gold during the day is mainly due to the market's extreme bullish sentiment. However, this kind of extreme sentiment is not easy to control. In the future, a steady stream of...
Analysis of gold news: On Monday (January 20) in the European market, spot gold maintained its rebound trend, and the current gold price is around $2,711/ounce; gold traders will focus on the inauguration of US President-elect Donald Trump, whose remarks may cause sharp market fluctuations. On January 20, Eastern Time, US President-elect Trump will hold an...
Analysis of gold news: On Friday (January 17), the rise in the U.S. dollar put pressure on gold prices, but due to uncertainty about incoming President Donald Trump’s policies and the market once again bet on further interest rate cuts, gold prices The key $2,700 level was breached, so gold remains on track for a weekly gain. Gold prices hit a new high in more...
Analysis of gold news: Spot gold rebounded slightly during the U.S. trading session on Thursday (January 16). The price of gold fell nearly $30 from the one-month high hit last Friday on Monday. The lowest intraday price hit $2,656.73/ounce and closed at $2,662.83/ounce. Last week's strong employment report consolidated the Fed's expectations of cautious...
In the early Asian session on Wednesday (January 15), spot gold fluctuated slightly and is currently trading at $2,683 per ounce. Gold prices rebounded slightly on Tuesday, closing at $2,677.22 per ounce, after U.S. inflation data was slightly lower than expected, giving investors a faint hope that the Federal Reserve will continue to lower interest rates in...
On the daily line, the daily line continues to be positive for four consecutive times, and the price is effectively running above the short-term moving average and the Bollinger Middle Track. Even if there is a pullback, the shape remains the same. This is enough to show that the advantage of the bulls has not changed. The current short-term moving average has...
Analysis of gold news: On Friday (January 10), the U.S. dollar index continued its gains on Thursday, reaching a maximum of 109.37 and closing at 109.17, an increase of about 0.17%. It was the third consecutive trading day of gains, which made gold bulls still have concerns. Gold prices rose to a nearly four-week high on Thursday, supported by safe-haven demand....