The price of gold remains defensive at important technical levels, facing pressure near the lower range in recent days. Gold has been consistently trading around the significant resistance zone of $1900 USD but has been unable to break through. The overall trend across all timeframes continues to be a downward correction, so selling strategies will still be...
The current price of gold in the world has continued to decrease slightly, with spot gold falling by 3.2 USD to 1,903.6 USD per ounce. The December gold futures were last traded at $1,933.4 per ounce, showing a decrease of $10.6 compared to yesterday. Despite the New York Federal Reserve reporting a significant decline in activity in the manufacturing sector of...
Gold price today on August 16 in the international market almost remained unchanged due to the increase of the dollar. The world spot gold price stood around the threshold of 1,903 USD/ounce At the beginning of the session, the gold price in the world market sometimes fell below the threshold of 1,900 USD/ounce in the context of the strong increase of USD. The...
The world gold price fell 2 USD/ounce to 1,904 USD/ounce. The precious metal has hit a five-month low. Traders were rather timid as the US dollar index edged higher and as the short-term technical views on precious metals were bearish. In the last week, the world yellow metal saw a second week of heavy losses in a row as the market received a series of data that...
Gold price fell about 30 USD from last week's close before a series of positive economic and labor reports. This is the second week in a row that gold has witnessed such a deep drop. Gold is still following the Parallel Downtrend structure, only when Gold breaks the above trend and trades stably at the level of 1930USD will the Uptrend be established. In the...
World gold price this morning tended to increase with spot gold increasing by 1.3 USD compared to last week's closing to 1,912.4 USD/ounce. Last week, gold saw its second-biggest weekly decline in a row as it fell about 1% for the week after the US consumer price index (CPI) and producer price index (PPI) reports showed inflationary pressure. broadcast is still...