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New Gold Newsroom
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.
Gold price plunged nearly $18 intraday! The technical aspect is currently very "dangerous". FXStreet analyst's latest analysis of the gold price trend.
On Tuesday's early European session, spot gold plunged sharply, with the price currently near $2602 per ounce, down nearly $18 during the day. Analyst Haresh Menghani from FXStreet pointed out that if the gold convincingly breaks below the $2600 per ounce level, it should pave the way for a continuation of the recent pullback from historical highs, bringing the gold price down to $2540-2539 per ounce.
The reason for the sudden drop in the silver price has been found! It is rumored that Trump is using a trade 'hawkish' approach. What will be the next move for the silver price?
On Monday, spot silver plummeted nearly 2%, falling below the $31.00 per ounce mark. Analyst Christian Borjon Valencia from FXStreet pointed out that from a technical perspective, the Relative Strength Index (RSI) confirmed the bearish momentum.
Is gold bearish? Reports of Trump inviting trade hawks back to lead as the United States trade representative.
The Trump effect has prompted gold traders to take profit, with the world's largest gold etf experiencing the largest weekly fund outflow since 2022.
Metal Prices Fall as U.S. Dollar Gains Strength -- Market Talk
Gold Is the New Bitcoin – TDS
As Gold Nears Record Highs, Analysts See Major Upside in Mining Stocks
RBC Capital Maintains New Gold(NGD.US) With Buy Rating, Maintains Target Price $3.5
Direct hit usa election | Trump officially announced to win the USA election.
The 2024 US presidential election will officially vote on November 5, kicking off a critical battle that will determine the future direction of the United States.
Historically, gold has performed poorly after elections. Will it be different this time?
Citigroup believes that gold may face pressure in the short term after the US election, but the relationship between gold and the "Trump trade" is not significant. The structural bull market of gold remains stable, and investors are advised to buy when the gold price falls, expecting the price to reach $3,000 per ounce in the next 6 months.
On the eve of the election, Goldman Sachs suddenly made significant adjustments to the "long gold" trade.
Goldman Sachs believes: Without exaggeration, "everyone we've spoken to is long gold," so they have reduced their gold positions to lower risk, "leaning towards holding long positions through options, this way there's enough ammunition to buy on dips."
Pacific Securities: Overseas core inflation resilience is strong, bullish on metal price increases.
This week, the average price of copper concentrate TC is $11.09 per ton, a change of + $0.23 per ton compared to last week. The shortage of resources in domestic smelters has eased slightly, and TC prices continue to rise slightly.
Copper and Other Metals Rise as Dollar Falls Before US Vote
Weekend Reading | Gold price hits a new high again! Why are young people not buying gold bracelets, but turning to gold ETFs instead?
Currently, the gold price is inflated, and a pullback is only a matter of time. The period from the end of the year to the beginning of 2025 may be a good time to buy gold.
CCORF Maintains New Gold(NGD.US) With Buy Rating, Raises Target Price to $3.58
Investors 'cash in' on the eve of the US election, gold suffers a significant pullback.
Gold futures prices fell significantly by about $50 per ounce from the previous trading day's record high.
National Bank Maintains New Gold(NGD.US) With Buy Rating, Cuts Target Price to $3.78