Yet more highs for Gold while equities drift - FXStreet

Oct 21, 2024 · While stock markets struggle for direction, gold prices continue to make new highs, says Chris Beauchamp, Chief Market Analyst at online trading platform IG.

$70
OFF

Gold Jumps To Fresh Record Highs As Geopolitical Risks Boost

2 weeks from now

Sep 23, 2024 · High Gold reserves can be a source of trust for a country’s solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, …

fxstreet.com

$70
OFF

Gold Prices Gain Ground After US PPI Inflation Sparks Fresh

2 weeks from now

3 hours ago · High Gold reserves can be a source of trust for a country’s solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to …

fxstreet.com

$2200
OFF

Gold's Been Forgotten Despite Record Prices, And Things Could Get …

2 weeks from now

Jan 5, 2024 · A hard landing could push gold prices up – potentially to new record highs. So you need to be prepared. If a roaring bull market sends the gold price above $2,200 for any period …

equities.com

8%
OFF

Gold Price Hits Record Highs: What's Driving The Surge? - IG UK

2 weeks from now

Sep 24, 2024 · Technical analysis of the gold price. The gold price is in a long-term uptrend and is fast approaching the $2700.00 per troy ounce level, above which beckons the 261.8% …

ig.com

096%
OFF

Gold Surges To Record High Near $2,700 Amid High US Yields

2 weeks from now

Oct 17, 2024 · US 10-year Treasury yield rebounds to 4.096%, capping Gold’s advance as the US Dollar Index reaches a two-month high. Traders trim bets on a Fed rate cut, with odds for a …

fxstreet.com

$2700
OFF

Gold Dives From Record High As US Data Dazzles Ahead Of US NFP

2 weeks from now

Oct 31, 2024 · Gold retreated from record highs, yet it remains bullishly biased. If XAU/USD bulls keep the spot price above $2,700, look for further gains once it clears the psychological …

fxstreet.com

$2690
OFF

Gold Shrugs Off Impact Of US Retail Sales And Breaks Higher

2 weeks from now

Oct 17, 2024 · Gold (XAU/USD) breaks to a higher highs in the $2,690s on Thursday despite suffering a temporary pull-back following the release of higher-than-expected US Retail Sales …

fxstreet.com

$2338
OFF

Gold Price Edges Lower On Persistent Inflation Fears - FXStreet

2 weeks from now

Apr 29, 2024 · The Gold price (XAU/USD) edges higher on Monday, trading at $2,338 an ounce, on the back of a weaker US Dollar (USD) – the currency in which Gold is mostly quoted and …

fxstreet.com

$1260.20
OFF

Gold Hits Record High As Investors Seek Havens - Financial Times

2 weeks from now

Jun 18, 2010 · In London, spot gold surged to an intraday high of $1,260.20 an ounce, up 3.6 per cent on the month. Adjusted for inflation, however, gold is still a long way from its record high …

ft.com

7%
OFF

PPI Today, CPI Tomorrow – What Will It Reveal? - FXStreet

2 weeks from now

12 hours ago · Currently the Dow is down 7% off the December high, the S&P down 7%, the Nasdaq -6.2%, while the Equal Weight S&P is off 7.7%. ... Will oil pierce up and thru $80 or …

fxstreet.com

FAQs about Yet more highs for Gold while equities drift - FXStreet Coupon?

Is the gold price in a long-term uptrend?

The gold price is in a long-term uptrend and is fast approaching the $2700.00 per troy ounce level, above which beckons the 261.8% Fibonacci extension of the September 2022 low to the May 2023 advance, projected higher from the October 2023 low, which comes in at $3005.71. ...

Will a liquidation of short positions push gold price higher?

"The forced liquidation of short positions may push the gold price higher into historical highs, as the US dollar generally holds its ground against a basket of major currencies, and rising bond yields create an unfavorable environment for gold," said FxPro analysts. ...

Will gold go higher after fed Jumbo rate cut?

Gold (GC=F) hovered near record highs Thursday, supported by the Fed’s jumbo rate cut and a weakening dollar. Analysts expect the precious metal to go even higher. Gold futures climbed to trade just above $2,600 after touching fresh records in the prior session immediately after the Federal Reserve announced a 50 basis point rate reduction. ...

Will gold go higher if Central Banks scooped up gold?

Gold is up roughly 25% year to date as central banks have scooped up the precious metal at record levels. Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at @ines_ferre. Gold climbed to hover near all-time highs. Analysts expect it to go higher. ...

Are high gold reserves a source of trust?

High Gold reserves can be a source of trust for a country’s solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. ...

Could ETF inflows boost gold prices?

Holdings of gold exchange-traded funds (ETFs), such as the SPDR Gold Trust, have seen significant increases since late June. While these holdings haven't yet reached previous peaks, improving ETF inflows could provide additional upside support for gold prices. ...