#Gold Prices

Gold Price Prediction – Prices Reverse on Strong Treasury Yields Gains

Gold prices reversed lower, hitting resistance as the dollar was mixed against most major currencies. U.S. yields surged higher which seemed to put upward pressure on the dollar versus the yen and downward pressure on the yellow metal. Since gold is priced in dollars, a stronger greenback usually translates into lower gold prices. Retail sales in the U.S. were stronger than expected, while import prices surged.
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Gold Price Forecast: Gold Coils at Support - XAU/USD Breakout Imminent

Gold priceupdated technical trade levels - Weekly Chart. XAU/USD coils above long-term uptrend support- focus on breakout of the 1738-1791 range. New to Gold Trading? Get started with this Free How to Trade Gold -Beginners Guide. Gold prices pressed higher this week with XAU/USD up more than 0.5% in early...

Gold ETFs inflow rises in September. Experts see more rise on festival demand

As per the data available with Association of Mutual Funds in India (Amfi), Gold ETF inflow had gone up in the month of August 2021 as well. In July, the category saw a net withdrawal of ₹61.5 crore, Amfi data shows. So, gold ETF has received a net inflow of ₹3,515 crore so far. The segment witnessed just one month of net outflows, which was in July.

Gold ETFs attract Rs 446-cr in Sep; inflow may continue in coming months

Gold exchange-traded funds (ETFs) attracted Rs 446 crore in September and inflow may continue in coming months resulting from sturdy demand on the again of pageant season in the nation. The was sharply increased than the online inflow of Rs 24 crore recorded in the earlier month. In July, the...

Yield Curve Key to Bullion Prices as Q3 China GDP Nears

Gold prices drive higher as global economic growth prospects dim. XAU/USD surrenders a portion of gains after retail sales impress. Chinese third-quarter GDP in focus to gauge global economic recovery. Gold fell on Friday, but prices managed to close the week out with a gain just north of half a...

Inflation has already peaked. Has gold peaked too?

Inflation reached its peak in June, but it doesn’t mean it will go away. The more persistent it is, the higher the odds of a rosy outcome for gold. The noticed slowdown seems to confirm the central bank’s narrative that the inflationary surge is transitory. However, in a few past editions of the Fundamental Gold Report, I argued that the fact that inflation had peaked doesn’t mean that it would go away anytime soon. In particular, I pointed out the rallying Producer Price Index (as the supply-crisis is far from being resolved), the gradually rising index for shelter, and soaring home prices, which should translate into higher consumer prices in the future.

Stocks Everywhere Grow By Leaps and Bounds

The TSX Composite gained 102 points to close Friday at 20,928.10, a gain on the week of 511 points, or 2.5%. The Canadian dollar acquired 0.28 cents to 80.83 cents U.S. After snapping a seven-month win streak in September, the. Canadian equity index has gained 3.7% so far this month.

QATAR: Today Gold Rate in Qatar on, 16th October 2021

Today Gold Rate In Qatar (QAR) Check the latest Gold Price in Qatar (QAR), Gold prices in Qatar today 22 carat, Gold rate in Qatar per tola. (Updated, 16th October 2021) BOL News is a one-stop solution for gold rates in Pakistan. Also, Check the latest updates of all foreign currency exchange rates.

Bank Earnings Push Major Benchmarks To Daily, Weekly Wins

Stocks extended their rebound on Friday to settle with both daily and weekly wins. The Dow added 382 points, logging its best week since late June. Meanwhile, the S&P 500 and the Nasdaq logged their biggest weekly wins since July and August, respectively. Upbeat quarterly results from Goldman Sachs (GS) added to the optimism surrounding the earnings season so far, with strong reports from a bevy of big bank names assuring investors that the economy is still booming.

Market Report: Breakout for metals

This was the week when the world awoke to soaring energy prices, followed by metals. Copper briefly hit $10,000 per tonne in strong backwardation. It is hardly a surprise then that the suppression of gold and silver prices began to fail this week. Their prices have eased back a little this morning in European trading, but gold is still up $25 from last Friday’s close at $1784 after touching $1800 yesterday. Silver is up 67 cents over the same time scale at $23.26, having traded as high as $23.58.

Gold stocks bouncing hard

The battered gold stocks are bouncing hard, blasting higher over the past couple weeks! That’s despite the Fed still looking to soon start slowing the pace of its epic money printing. Fed-tightening fears had weighted heavily on the precious-metals realm since June. Gold stocks’ sharp rally confirms they have started mean reverting much higher after withering capitulation selling, portending massive gains coming.

Gold prices fall, as US retail sales climb [Video]

The benchmark S&P 500 was trading higher on Friday, as data showed that retail sales in the United Sales had risen by more than expected. Figures from the Commerce Department reported that sales grew by 0.7% last month, with August’s number also revised higher, showing an increase of 0.9%. Markets...

Gold prices are down 5 pounds in evening trading for the...

Gold lost its gains over the past three days, as an ounce of gold fell globally from $ 1800 to levels of $ 1767 at the time of this writing, which is reflected in the price of gold in Egypt, to decline by 5 pounds in evening trading today, Friday, after a morning drop of the same value to become The total decline of gold 10 pounds today, Friday.