The gold price has once again broken through 2700 dollars during the session! Wall Street is bullish, and will the Gold ETF likely take off accordingly?

Recently, Morgan Stanley released the 2025 Commodity Outlook report, stating that Gold remains the "best choice" for hedging uncertainties, expecting the price to rise to $3000 per ounce next year, with an average of $2950 per ounce by the fourth quarter.

Futu News17:01

A major Gold market trend is about to break out! The USA CPI is coming, and FXStreet Analyst provides the latest trading analysis on Gold prices.

On Wednesday morning in the European market, spot Gold traded around $2,693 per ounce; during the Asian session, the gold price briefly broke through the $2,700 per ounce level. FXStreet Senior Analyst Dhwani Mehta pointed out that from a technical perspective, gold prices have broken through the moving average, and the Relative Strength Index (RSI) indicates a Call.

FX16816:24

"Assets that no one can freeze" - Russia rekindles its obsession with Gold.

To support that war, the Kremlin could only buy Gold in bulk and exchange it for hard currency through a new "Gold trade route." This might be the reason why spot prices are reaching new highs...

Golden10 Data16:21

The differences in the spot and futures prices of Gold have sparked heated discussions! Are the bears being "strangled"?

Traders need to pay attention to liquidity risk, especially during periods of abnormal market fluctuations, and try to avoid trading in environments with high spreads or insufficient liquidity.

Golden10 Data15:30

Gold: Technical Reversal Here Could Spark a Selling Spree

Investing.com 14:48

What happened?! Gold suddenly plunged sharply, with the price dropping nearly 30 dollars from the day's high. How to trade Gold.

#Gold Technical Analysis# On Wednesday (December 11), during the Asia market's late trading, spot Gold suddenly plunged significantly, falling to a low of $2674.69 per ounce, nearly dropping $30 from the earlier reached intraday high.

FX16813:50