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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XAU/USD swung between gains and losses after opening with a gap up and ended the day with minor losses.
Gold prices settled at $1324.59 an ounce on Friday, making a gain of 2.4% on the week and 4.1% over the month.
Gold prices rose $12.06 an ounce on Thursday after the Fed’s preferred inflation gauge remained below its annual target and the latest housing data came in weaker than expected.
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Gold prices ended Wednesday’s session down $1.12 as the dollar moved higher on the back of better-than-expected economic data.
Gold fell on Tuesday after hitting a multi-month high in the session as some investors used this opportunity to take profit.
Gold prices fell in U.S. trading on Tuesday, erasing earlier gains, as a rebound in stock markets put pressure on the metal.
Gold prices ended Monday’s session up $17.85, helped by a slumping U.S. dollar index that hit a 15-month low.
Gold was extending its gains in afternoon U.S. trading as disappointing U.S. housing data pressured the dollar. XAU/USD reached the $1308-$1304 area
Gold prices settled at $1291.46 an ounce on Friday, gaining 0.6% on the week, as a drop in the U.S. dollar index lent some support to the precious metal. T
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Gold prices ended Wednesday’s session up $5.71 as disappointing U.S. economic data and political uncertainty weighed on the dollar.
Gold prices fell $6.89 an ounce on Tuesday but remained within the trading range of the past four sessions as the battle between the bulls and the bears continued.
Gold prices rose $8.18 on Monday to settle at their highest level since June 6 as the greenback continued to weaken and equities edged lower.
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Sign up to get the latest market updates and free signals directly to your inbox.Gold prices were higher U.S. trading Monday as stocks deepened their losses.
Gold prices settled at $1284.62 an ounce on Friday, as the market’s inability to hold above the $1296 level and better-than-expected U.S. economic data prompted investors to unwind bullish bets.
Gold prices rose $4.07 an ounce on Thursday, supported by weakness in global stocks.