Gold Trades Down, Still Unable to Challenge October Record
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday as Investors Eye Third Rate Cut
Trump discusses the possibility of war between the US and Iran: anything is possible, the situation is very unstable.
① The elected President Trump of the USA stated in a recent interview that he does not rule out the possibility of war between the USA and Iran; ② According to previous media reports, Trump will continue to exert maximum pressure on Iran during his second term.
Asia Ex-India Fall On China Stimulus Concerns, Europe Up; Dollar Gains - Global Markets Today While US Slept
Commodity Roundup: Oil and Gold Set for Weekly Gains on Global Woes
After the sharp decline in Gold prices, buyers are not ready to give up! FXStreet Senior Analyst: Gold prices are expected to rebound by more than 15 dollars.
#Gold Technical Analysis# 24K99 News After the sharp decline in the previous trading day, on Friday (December 13) during the European market morning, spot gold maintained a mild rebound trend within the day, with the current gold price around 2684 USD/ounce.
Gold: Critical Support and Resistance Levels to Watch Ahead of Fed Next Week
Two major bearish factors press down on the USA! Gold prices at 2687 show weak recovery. FXEmpire's latest technical analysis on Gold, Silver, and the USD.
USA PPI data exceeded expectations, the number of initial unemployment claims rose sharply, Gold is struggling to rise at 2687 dollars, and the strong dollar is back in focus as the market closely watches the pricing of next week's FOMC interest rate decision.
After the sharp drop in Gold prices, important Resistance levels are maintained! Bulls are targeting this goal. Analysis of Gold Trade by well-known Institutions.
On Friday, during the late trading hours in Asia, spot Gold maintained an intraday rebound trend, with the current gold price around 2687 dollars per ounce. According to Economies.com, despite the decrease in gold prices yesterday, it held above the main Resistance. Additionally, there are other technical factors that are Bullish for Gold, with the bullish target aiming at 2745.00 dollars per ounce.
Gold Price Trades With Positive Bias; Remains Below $2,700 on Fed Rate Cut Expectations
The technical outlook "changes" after the gold price plummets! How will it proceed next? FXStreet's chief Analyst analyzes the technical prospects of Gold.
#Gold Technical Analysis# 24K99 News On Friday (December 13), during the Asian market session, spot gold rebounded slightly after a sharp drop yesterday, with the gold price currently around $2686 per ounce.
Institutions: The bull market for Gold may not be over yet.
The geopolitical and financial environment has become increasingly complex, making Gold reserve management more meaningful than ever before. Trump's rise to power seems less like the final chapter and more like an overture. As the imposition of tariffs globally may gradually transition from a 'campaign agenda' to reality, the continuation of de-dollarization and geopolitical changes remains a baseline assumption, and the probability of a short-term shift in central banks' attitudes towards Gold reserves is relatively low. Currently, there are no signs of a reversal or even a weakening in what drives this round of the Gold bull market; Gold should continue to maintain a bullish outlook.
Gold prices have plummeted! The World Gold Council: Market growth may slow down in 2025.
What will the future trend be.
Gold Price Forecast: XAU/USD Attracts Some Buyers to Near $2,700, Traders Brace for Fed Rate Decision
Shocking market conditions! The reason for the gold price's astonishing drop of nearly 38 dollars is here. How to trade Gold?
On Thursday, spot Gold closed down nearly $38. Analysts pointed out that this can be partly attributed to investors taking profits after Gold prices hit a five-week high earlier in the day, closing positions ahead of next week's Federal Reserve meeting. Additionally, rising U.S. Treasury yields also pressured Gold prices. Daniel Ghali, a CSI Commodity Equity Index strategist at TD Securities, stated that although the market anticipates a rate cut by the Federal Reserve next week, some investors Hold Positions are too high, so adjustments may be made before the meeting to respond to potential market changes.
GLD ETF Declines 1.5%
SPDR Gold ETF Options Spot-On: On December 12th, 202.13K Contracts Were Traded, With 3.02 Million Open Interest
On December 12th ET, $SPDR Gold ETF(GLD.US)$ had active options trading, with a total trading volume of 202.13K options for the day, of which put options accounted for 48.06% of the total
Benzinga Market Summary: Indexes Close Lower On Worse-Than-Expected PPI Data, Broadcom And Costco To Report After The Close, Gold And Silver Drop
Hot Inflation Data But Fed Likely To Ignore It, Musk Becomes First $400 Billion Man
Gold Set for Modest Growth in 2025, WGC Says, China Will Be Key