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The gold markets have dropped a bit during the trading session on Wednesday, testing the $1850 level yet again.
Gold prices dropped by more than $100 at the beginning of this week’s trading.
The gold market has rallied a bit to the upside during the trading session.
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During yesterday's trading, gold prices fell sharply and recorded their biggest drop in more than seven years.
Gold markets were crushed during the trading session on Monday following the news that Pfizer is close to having a coronavirus vaccine with over 90% efficacy.
During last week’s trading, the price of gold recorded its best weekly performance since last July.
Gold markets fluctuated during the trading session on Friday, as the world awaited the US jobs numbers.
Gold markets have rallied quite significantly during the trading session on Thursday, as the US dollar has gotten hammered.
Instability and cautious anticipation is what characterizes the gold performance in recent trading sessions, as the yellow metal awaits the final results of the US presidential elections.
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Gold markets have fluctuated during the trading session on Tuesday, as the $1900 level continues to be a magnet for price.
The decline of the US dollar allowed the gold price to correct upwards, reaching $1916 an ounce in early trading Wednesday.
Gold markets initially fell during the trading session on Tuesday, but they got a boost as the US dollar started listing.
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Sign up to get the latest market updates and free signals directly to your inbox.Despite the continued USD strength, the price of gold found an opportunity (although limited) to rebound higher.
Gold markets have rallied during the trading session on Monday, reaching towards the top of the candlestick from the previous session.
After the recent drop in gold prices, investors are anticipating an upward rebound and awaiting the best opportunity to buy.