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 down $23.01 at $1159.20 an ounce, under pressure from higher risk appetite and the prospect of higher interest rates.
Gold ended the week down $6.13 at $1176.82 an ounce as strong U.S. economic data bolstered the case for the Federal Reserve to take a more hawkish stance on the monetary policy.
Gold prices settled at $1173.17 an ounce on Wednesday, suffering a loss of 8.14% over the month.
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Gold ended the week down $23.73 at $1183.97 as the latest batch of U.S. economic data continued to support views the Federal Reserve will raise interest rates in December.
Gold prices settled at $1209.08 an ounce on Friday, suffering a loss of 1.51% on the week, as renewed risk appetite and strong demand for the greenback continued to weigh on the market.
Gold ended the week down $67.29 at $1225.59, as a stronger U.S. dollar and increased appetite for riskier investments dampened demand for the metal.
Gold ended the week up $26.67 at $1304.13, as a weaker dollar, sagging risk appetite and intensifying worries over the outcome of Tuesday's presidential election helped lure buyers back into the market.
Gold prices rose for a second consecutive week but ended the month with a loss of 3.2%.
Gold ended the week up $14.85 at $1266.71 on speculation that the Federal Reserve will hold off on monetary policy changes until after the U.S. presidential election, and the forward path in interest rates is going to be slower than the market forecasts.
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Gold ended the week down $5.25 at $1251.80 an ounce as the greenback rose on expectations that the Federal Reserve was moving closer to raising interest rates.
Gold ended the week down by 4.64% at $1256.92 an ounce as a recent string of better-than-expected economic data prompted investors to unwind bullish bets.
Gold prices ended Monday's session down $6.59, extending their losses to a fifth straight session, as lower safe haven demand and heightened expectations for a Fed rate increase in December fueled downside momentum.
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Sign up to get the latest market updates and free signals directly to your inbox.Gold prices settled at $1316.55 an ounce on Friday, suffering a loss of 1.52% on the week but scoring a gain of 0.54% over the month.
Gold prices settled at $1337.60 an ounce on Friday, gaining 2.13% on the week, as the dollar came under pressure after the Federal Reserve held interest-rates unchanged at its monetary policy meeting.
Gold prices fell $9.59 on Friday, down for the third straight session to $1327.98 an ounce, as concerns that an interest rate increase may come sooner than expected and a strengthening dollar weighed on demand for the precious metal.