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 prices settled at $1240 an ounce on Friday, scoring a gain of 1.6% on the week, as soft global economic data, the Federal Reserve's cautious stance towards hiking interest rates and a slide in equities lured investors back into the market.
Gold prices settled at $1222.19 an ounce on Friday, making a gain of 0.49% on the week but suffering a loss of 0.47% over the month.
Gold ended the holiday-shortened week down by 3.5% at $1217 an ounce as the possibility of an earlier-than expected rise in U.S. interest rates weighed on the market.
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Gold ended Friday's session down $2.41, to settle at $1255.37 an ounce as investors continued to cash in recent gains after the market failed to breach the $1267.50 resistance level.
Gold prices settled at $1250.04 an ounce on Friday, suffering a loss of $9.58 on the week.
Gold prices fell $8.42 an ounce yesterday, down for the second straight session to $1252.85, as expectations of further easing from the European Central Bank prompted some investors to take profits.
Gold ended the week down by 0.24% at $1222.30 an ounce but it rose nearly 9.5% in February.
Gold prices settled at $1117.83 an ounce on Friday, making a gain of 1.8% on the week and 5.2% over the month.
Gold prices dropped nearly 10.5% this year as market players flocked to the greenback on prospects for higher U.S. borrowing costs.
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Gold prices settled at their lowest level since November 2, 2009, recoding a sixth consecutive weekly loss, as the dollar's strength continued to weigh on investor sentiment.
Gold prices fell for a third straight session on Thursday on worries about the possible U.S. rate hike. The XAU/USD pair dipped to a low of 1074.08, a level not seen in more than five years, after dropping through the support in the 1086/2 area put some extra pressure on the market.
Gold prices fell for a second consecutive week but still ended the month with a gain of nearly 2.5%. Get the November 2015 monthly forecast for gold here.
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Sign up to get the latest market updates and free signals directly to your inbox.Gold prices closed lower on Wednesday, erasing all of the previous day's gains, and settled at $1166.92 an ounce as the U.S. dollar continued to strengthen.
Gold prices rose 2.25% on Friday, posting the first gain in five sessions, and settled at $1139.59 an ounce as U.S. jobs data fell short of market forecasts.
Gold prices ended the month down roughly 1.8% at approximately $1115 an ounce, pressured by a firmer dollar and weak demand.