DailyForex analysts monitor the gold market regularly to bring you gold price predictions and gold market forecasts that can help you find the best positions in the gold market. Our gold forecast signals are good for both forex gold spot market traders and as well as for the long term gold investors in commodities market..
Our gold forecast signals are good for both forex gold spot market traders and as well as for the long term gold investors in commodities market.
Watch as gold prices fluctuate based on technical analysis, global political developments and comprehensive market research in the gold market forecasts below. Learn how to purchase gold at the higher price in uptrend market and avoid losing money due to the wrong entry point. Our gold forecase provides you with the right signals at the right time. Ready to Get Started with Gold Trading?
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Gold prices are consolidating around $2320 an ounce today.
Gold prices rose above $2328 an ounce today, Tuesday, supported by renewed hopes that the Federal Reserve will start cutting US interest rates this year, after weaker-than-expected job growth in the United States.
Gold futures remained flat at the end of the trading week and settled above the $2,300 level per ounce.
Gold was all over the place during the trading session on Friday as the jobs numbers came out lower than anticipated.
Gold futures rose after the Federal Reserve left US interest rates unchanged and insisted that the next policy decision would not include a rate hike.
Gold markets rallied significantly during the early hours on Wednesday, as we have recaptured the $2300 level.
Gold prices settled below $2300 an ounce on Wednesday trading, hovering near a four-week low as investors turned cautious ahead of the Federal Reserve's policy decision amid concerns it will keep US interest rates high for an extended period.
The gold market has shown itself to be rather negative during the day. But I think at this point you have to look at it through the prism of a market that is now testing major support.
Gold prices are trading around $2345 an ounce at the start of this week's trading, as caution gripped markets ahead of the Federal Reserve's policy meeting and the US monthly jobs report this week.
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You can see gold initially did pull back a bit during the trading session on Monday but continued to find buyers on dip.
At the end of last week's trading sessions, gold futures managed to capture some gains as financial markets shrugged off the latest inflation data.
Gold initially fell during the trading session on Thursday, but then turned around to show signs of life.
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Sign up to get the latest market updates and free signals directly to your inbox.Gold prices pared losses after weaker-than-expected US business activity data helped bolster the case for Fed rate cuts this year.
XAUUSD gold price fell below the $2320 level per ounce on Wednesday, under the influence of declining demand for safe-haven assets.
Gold prices settled around $2300 per ounce (XAUUSD) on Tuesday's trading, hovering near their lowest levels in about three weeks as fears of a wider Middle East