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.
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?
Ready to Get Started with Gold Trading? Get Started Today!
Most Recent
The weakness of the strength factors and the continued gains of the US dollar contributed to the selling of gold.
Gold price has been hovering around the $2334 per ounce level since yesterday after falling by more than 1% in the previous session, pressured by a strong US dollar and rising bond yields.
Gold futures suffered a sharp sell-off to close out the last trading week as investors booked profits.
Top Forex Brokers
Gold has shot higher during the trading session on Thursday, as the Swiss National Bank has cut rates.
Gold prices are trading higher today, Thursday, reaching a two-week high of $2345 an ounce as slowing US economic performance has raised expectations that the Federal Reserve may cut interest rates this year.
Gold markets have done very little during the trading session on Wednesday, which is not a huge surprise considering it was Juneteenth in the United States.
Gold prices are hovering around $2330 an ounce today, Wednesday, after slipping in the previous session.
At the start of trading this week, gold futures slipped, supported by rising US Treasury yields.
The gold market fell a bit during the early hours on Monday but has since turned around to show signs of strength.
Bonuses & Promotions
Throughout last week's trading, gold prices have been struggling to recover from their recent losses, which reached the support level of $2,286 per ounce.
Gold rallied nicely during the Friday session from the crucial $2,300 level.
Gold price maintains its gains above $2,340 an ounce, extending its recovery from over a month low of $2,290 an ounce.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.Gold has launched higher during the trading session on Wednesday, and CPI numbers in the United States came out a little bit lower than anticipated.
As expected, gold prices have been trading in a narrow range with a downward bias, settling around $2315 per ounce pending the reaction to key US data and event
Stay updated on gold's support levels and potential entry points as the market navigates ahead of the FOMC meeting. Gain insights into market sentiment surrounding gold's resilience amid recent turbulence and its attractiveness to buyers amidst geopolitical tensions and central bank actions. Explore key support levels, including the crucial $2,280 level, and potential market reactions following the FOMC meeting. Despite near-term volatility, consider opportunities for value buying while remaining cautious of potential surprises in reaction to market events.