Gold

Gold It’s been another impressive week for the yellow metal which has broken out to new all-time highs. The continued sell-off in the US dollar is helping to keep gold prices well supported. So too are the ongoing concerns over the…
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The precious metal broke a new record with prices easily trading above the $2050 handle. This puts gold prices, up over 4% this month already. It comes on the back of a solid four-month gain, which has seen a 25% increase so far.…
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The precious metal continued with its bullish onslaught on Wednesday. After breaking the $2000 threshold earlier, gold prices continued higher. Intraday prices saw gold rising toward the 2050 level before making a modest pullback. The…
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US Faces Continued Uncertainty The US Index closed towards the low 93's yesterday after rising for two days amidst positive PMI data. Further uncertainty remains over the lack of progression on a new US coronavirus relief bill. Talks…
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The precious metal is holding on to its bullish streak. Price action is trading just a few points below the $2000 level. We expect gold to possibly test the $2000 level in the near term. However, considering the key psychological level,…
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The precious metal is trading on a softer note on Monday. Robust economic data has sparked optimism in the Eurozone economy. After rising to highs of 1984.86, price action is trading a few points lower. While the trend line is…
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The rally in gold is taking a pause as price action has barely managed to post any new highs. The 1981 price region is proving hard to breach for the momentum. Despite this, a breakout above this level might see gold prices easily…
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Gold The yellow metal has seen plenty of volatility this week. Price initially broke out to fresh all-time highs before reversing to end the week a little off those highs, as of writing. The main catalyst behind the continued rise in…
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The precious metal is on track to post the first daily loss in nearly two weeks. This comes after gold prices briefly rose to highs near 1941.42 on Wednesday. Failure to breakout higher has seen price action trading lower on Thursday.…
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The precious metal is looking a tad weaker following the price action from Wednesday. An intraday high near 1980.71 saw prices retreating. This has also formed a double top pattern near the top end of the rally. But the lower support…
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