Wednesday, July 5, 2023

Gold pauses ahead of FOMC minutes release

Gold pauses ahead of FOMC minutes release: Gold pauses ahead of FOMC minutes release Gold prices are near steady up and silver solidly higher in midday U.S. trading Wednesday. Short covering from the futures traders was featured, especially in...

Sunday, March 26, 2023

Gold's bullish uptrend won't be reversed by a 'mean washout' - analysts

Gold's bullish uptrend won't be reversed by a 'mean washout' - analysts: Gold's bullish uptrend won't be reversed by a 'mean washout' - analysts The gold market retreated Friday as better-than-expected U.S. data and hawkish comments from St. Louis Fed President James Bulla...

Thursday, December 15, 2022

Gold, silver hit hard by hawkish Fed, surge in greenback

Gold, silver hit hard by hawkish Fed, surge in greenback: Gold, silver hit hard by hawkish Fed, surge in greenback Gold and silver prices are sharply lower in midday U.S. trading Thursday. The precious metals bulls were running for cover today amid sharp gai...

Thursday, August 18, 2022

Gold, silver weaker Thursday as USDX trades sharply up

Gold, silver weaker Thursday as USDX trades sharply up: Gold, silver weaker Thursday as USDX trades sharply up Gold and silver prices are modestly lower in midday U.S. trading Thursday, pressured by solid gains in the U.S. dollar index today. Losses in the...

Thursday, January 27, 2022

Gold price remains near $1,800 following 3.8% drop in U.S. pending home sales

Gold price remains near $1,800 following 3.8% drop in U.S. pending home sales: Gold price remains near $1,800 following 3.8% drop in U.S. pending home sales The gold market remains solidly in negative territory and can’t find any bullish traction even as fewer U.S. consumers s...

Saturday, October 16, 2021

Gold's technical problem -  'Massive resistance' at $1,800 keeps gold price down – analysts

Gold's technical problem -  'Massive resistance' at $1,800 keeps gold price down – analysts: Gold's technical problem -  'Massive resistance' at $1,800 keeps gold price down – analysts Gold ran into 'massive resistance' at the $1,800 an ounce level, triggering a $30 retreat Friday. And an...