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?
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Gold ended the week up $3.02 at $1254.45 an ounce, breaking a three-week losing streak, as a correction in the U.S. dollar index triggered some short-side profit taking.
Gold prices rose slightly on Thursday as the dollar came under pressure after the ADP private jobs data fell short of market forecasts.
Gold prices rose for a second session on Wednesday, supported by a declining dollar.
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Gold prices ended Tuesday’s session up $10.92 an ounce, bouncing off their lowest level since mid-December, as the U.S. dollar weakened.
Gold prices slipped 0.78% to their lowest level in 6-1/2 months on Monday, weighed down by a rising dollar.
Gold prices settled at $1252.72 an ounce on Friday, falling 1.36% on the week and 3.55% over the month.
Gold prices are slightly higher in Asia trade, trading up 0.1% at $1248.88 an ounce, as the dollar softened after European Union leaders reached an agreement on migration.
Gold prices fell for a third straight session on Wednesday, hitting a fresh six-month low, as investors focused on expectations the Federal Reserve will continue to raise interest rates.
Gold prices fell $7.19 an ounce on Tuesday to settle at their lowest level since mid-December as a strengthening dollar fueled downside momentum.
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Gold prices dropped $4.79 an ounce on Monday as a general sell-off in the raw commodity sector weighed on the market.
Gold ended the week down $8.90 at $1269.05 an ounce, posting a second consecutive weekly loss.
Gold prices are slightly higher in early Asia trading on a mild rebound following recent selling pressure that took prices to the lowest level since December 19.
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Sign up to get the latest market updates and free signals directly to your inbox.Gold prices fell $6.58 an ounce on Wednesday as a stronger greenback offset safe-haven bids from escalating trade tensions between the U.S. and China.
Gold prices ended Tuesday’s session down $4.01 an ounce as investors continued to focus on the recent strong rally in the U.S. dollar index.
Gold prices are higher in Asia trade, trading up 0.35% at $1282.98 an ounce, as escalating trade tensions between the U.S. and China triggered some safe-haven buying that helped underpin gold.