FalCol_TradingMaster

FalCol_TradingMaster Updated 

Gold prices fluctuated violently today when the USD Index reached 109.35 points, helping the value of the USD increase to its highest level in the past 2 years. On the other hand, bond interest rates also increased to nearly 4.8%, which encouraged many people to invest in this investment channel. Since then, very little money has flowed into the gold market....

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Gold prices hit a near four-week high on safe-haven demand amid financial market turmoil. Investors sought safety amid concerns about Britain's finances and President-elect Donald Trump's economic policies. In Britain, concerns about the budget deficit sent the pound to its lowest in more than a year against the dollar, with 10-year government bond yields rising...

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Gold held steady after a strong rally in the previous session amid President-elect Donald Trump’s insistence that US interest rates need to be cut further and China’s second consecutive month of gold purchases. Gold’s rally eased slightly after the Institute for Supply Management (ISM) released a report showing rising prices in the service sector. Accordingly,...

FalCol_TradingMaster Updated 

World gold prices increased in the context of the USD falling. Recorded at 10:00 on January 9, the US Dollar Index measuring the fluctuations of the greenback with 6 major currencies was at 108.830 points. World gold prices increased sharply, reaching the highest level in nearly 4 weeks when the US labor market slowed down. This happened after the report of...

FalCol_TradingMaster Updated 

After a 27% gain in 2024, gold is still making experts and retail investors confident, with the precious metal forecast to surpass $3,000 an ounce this year. However, the rally will not happen immediately as the current consolidation phase is expected to last for several more months. Some experts predict that gold will trade in the range of $2,500-2,700 an ounce...

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US Treasury yields rose to their highest since May last year, which has been a factor in the decline in gold prices. In contrast, the US dollar index fell sharply today due to concerns about the country's ballooning debt burden, which also supported gold's highs. In a new development, President-elect Donald Trump denied that he would ease new trade tariffs. Mr....

FalCol_TradingMaster Updated 

The world gold price jumped by another $7 to $2,647 an ounce. According to market analyst Fawad Razaqzada of City Index, gold still faces many challenges in the short term, such as the strength of the greenback, rising bond yields, and weak demand from the Asian market. However, despite those challenges, the gold price target of $3,000 an ounce is still feasible....

FalCol_TradingMaster Updated 

Over the past 10 years, January has typically been the best month for gold. However, Low said that is not necessarily true in the post-pandemic era when countries are still struggling. He pointed out that while recent data shows that Chinese gold demand has been strong over the past 12 months, some US factors could hold back gold prices this month. Investors are...

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Safe haven demand and central bank rate cuts are the catalysts for gold’s rise in 2024, with the precious metal likely to rise more than 26% in the year, its best performance since 2010. Experts say these factors will continue to drive the precious metal in the new year. However, sentiment is likely to turn more cautious given the policy shift under US President...

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China and India, the world’s two largest gold consumers, are also facing domestic challenges that could dampen demand for the precious metal. In China, a weaker yuan and a sluggish recovery from the pandemic have made gold less attractive. India, the number two gold market, is also facing similar challenges, with a recent currency devaluation eroding its...

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Last week, the global gold market had a quiet trading week, with prices capped at $2,650/ounce. This week, gold prices are also expected to remain flat due to the tug-of-war between safe-haven demand and pressure from the recovery of bond yields and the greenback. Speaking about gold's movements in 2025, City Index market analyst Fawad Razaqzada said that...

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At the beginning of the trading session on December 26 (US time), the world gold price increased slightly after the US announced that the number of weekly unemployment benefit applications reached 219,000, a slight increase compared to the forecast of 218,000 applications. This further strengthens the possibility that the US Federal Reserve (Fed) will delay...

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In its Commodity Outlook 2025 report, TD Securities analysts noted that the Fed's rate-cutting cycle, geopolitical uncertainty and strong central bank demand for gold have pushed gold prices to record highs this year, but capital flows have not provided strong support. "There is no shortage of compelling macro stories that have fueled gold's rally in recent...

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Donald Trump’s transition team is looking for ways to end conflicts in Ukraine and the Middle East. The trade war between the US and many countries, including China, may not be too tense. Donald Trump only sees tariffs as a negotiating tool. If the trade deficit improves, the trade war is likely to be less fierce. Donald Trump's transition team is looking for...

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Looking ahead to gold prices, John LaForge, head of physical asset strategy at Wells Fargo, said during his bank's annual outlook webinar that he won't be paying much attention to the Federal Reserve in 2025. Economists at the bank expect the U.S. central bank to cut interest rates only once next year. He also pays more attention to central bank demand than the...

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However, the precious metal is under some pressure as the dollar index rose sharply and US Treasury yields rose slightly. The Conference Board reported on Monday that its US consumer confidence index fell to 104.7, down from a revised 112.8 in November. The reading was weaker than expected, with economists predicting the index would be largely unchanged....

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At the beginning of the trading session on December 19 (US time), the world gold price continued to decrease after the US announced the number of unemployment benefit applications was 220,000, down from the forecast of 230,000 applications. This prompted the US Federal Reserve (Fed) to slow down the process of cutting interest rates in the future. Previously,...

FalCol_TradingMaster

At the beginning of the trading session on December 19 (US time), the world gold price continued to decrease after the US announced the number of unemployment benefit applications was 220,000, down from the forecast of 230,000 applications. This prompted the US Federal Reserve (Fed) to slow down the process of cutting interest rates in the future. Previously,...