Risk aversion is rising, gold is back above the $2700 level.
Recently, gold futures have recorded the largest weekly increase since March 2023, ending three consecutive weeks of decline.
Gold has suddenly exploded! The gold price has surged nearly 30 dollars in one day. What will happen next? The analyst's latest technical analysis.
During the early European session on Friday, spot gold prices suddenly surged again in the short term, with the price approaching $2700 per ounce and a nearly $30 increase within the day. FXStreet analyst Haresh Menghani wrote that on Friday, gold prices rose for the fifth consecutive day, reaching a high point in nearly two weeks. The escalating Russia-Ukraine conflict continues to drive the safe-haven capital trend towards gold.
Renowned institutions' gold trading analysis: Gold prices are expected to rise by over $20 again.
At the end of the Asian market on Friday, spot gold maintained a sharp rise during the day, with the current price around $2689 per ounce, a daily increase of about $20. According to Economies.com, the outlook for gold remains bullish, with potential to rise to $2710.00 per ounce.
Two major pieces of news from Russia and Ukraine, gold surges again! Gold price soars nearly $15 within the day. How to trade gold.
In early European trading on Thursday, spot gold accelerated its short-term rise, with the price approaching $2665 per ounce, a nearly $15 surge intraday. FXStreet senior analyst Dhwani Mehta pointed out that the gold price is at its highest level in over a week. Geopolitical risks continue to support the traditional safe-haven gold prices.
Is the turning point of gold and US stocks approaching? Keep a close eye on this important time node!
Analysts point out that historically, after elections, the timing of the US stock market cooling down and the gold rebound is the same. The most likely failed type of 'Trump trade' today is......
Gold Price Surge on Risk Aversion and Overcome Strong USD
Buy Gold After Its Pullbacks - Because It May Hit $3,000 in 2025
Can gold still rise? ubs group: There will be a new high in 2025, but the increase will not be as strong as this year.
UBS Group expects that in the short term, gold prices will mainly consolidate with fluctuations, but diversified demand and risk aversion will continue to support the rise in gold prices. It is expected that the price will hit a historical high in 2025, with a year-end target price of $2900 per ounce, and the upward momentum may slow down compared to this year.
Why Gold Is Looking Better Than Stocks in 2025
How to trade after gold has risen sharply? This level may become a strong resistance according to FXStreet senior analyst's technical analysis of gold prices.
In early European trading on Tuesday, spot gold maintained its intraday rebound, with the current gold price near $2620 per ounce. FXStreet senior analyst Dhwani Mehta pointed out that during the gold recovery process, the gold price may encounter sellers at the resistance level of $2655 per ounce.
Is gold still worth buying? The opinions of three Wall Street investment banks are divided.
Goldman Sachs, JPMorgan, and UBS Group have divergent views on the outlook for gold, but they all point out a key supportive factor.
Gold has suddenly surged! The gold price has increased by nearly 14 dollars within the day, according to FXStreet senior analyst's analysis of the technical outlook for gold prices.
During Tuesday's Asian market session, spot gold suddenly surged sharply, with the gold price just breaking through 2,625 dollars per ounce, a rise of nearly 14 dollars during the day. FXStreet senior analyst Pablo Piovano pointed out that the resurgence of geopolitical factors, especially those arising from the Russia-Ukraine war, is the main driving force behind this latest round of gold price increase.
The significant news from Russia and Ukraine has stimulated a daily surge in gold prices by over 21 dollars. How to trade next? FXStreet senior analyst gold technical analysis.
In early European trading on Monday, spot gold maintained a strong intraday surge, with the current price near $2584 per ounce, up more than $21 intraday. FXStreet senior analyst Dhwani Mehta pointed out that gold rebounded strongly early Monday morning and approached the key level of $2600 per ounce. The risk of escalating geopolitical tensions between Russia and Ukraine is imminent, prompting buyers to return in large numbers.
Goldman Says 'Go for Gold' as Central Banks Buy, Fed Cuts in '25
Gold Rebounds After Deep Weekly Loss With Rate Outlook in Flux
Bank of America’s Hartnett: The investment market shifted before the inauguration in January, allocating to U.S. treasuries, Central and Eastern European stock markets, and gold.
Hartnett stated that as american financial conditions tighten, investors' expectations for usa growth and inflation increase, leading to a shift in the belief of substantial shareholding in american stocks. It is recommended that investors adjust their investment portfolios before Inauguration Day in January, focusing on chinese and european stock markets as well as gold; if the yield rises to 5%, buy US Treasury bonds.
Gold price holds key support! "Terrifying data" arrives How to trade gold? FXStreet senior analyst gold price technical analysis
In the early European market on Friday, spot gold remained stable, with the current gold price around $2565 per ounce. FXStreet senior analyst Dhwani Mehta pointed out that the gold price has rebounded from the key resistance of $2545 per ounce, but from the daily chart of gold, the Relative Strength Index (RSI) still indicates a put.
Five consecutive days of decline! Gold is seriously injured, is the bull going to leave?
What does the current round of "repricing" of gold actually mean?
Metal Prices Slide as Stronger Dollar Continues to Add Pressure -- Market Talk
Has the gold bull market ended?
gtja believes that with Trump's return to power, inflation factors and the weakening of dollar credit may become key supports for the continued strength of gold. Long-term risks may arise from breakthrough developments in the usa's AI industry: if the usa can achieve re-industrialization and significantly improve total factor productivity through the AI boom, it will effectively alleviate inflation and fiscal pressures, thereby delaying the trend of dollar credit weakening, which may become a key variable to intercept the gold bull market.