SGOL Abrdn Gold ETF Trust
- 25.820
- +0.410+1.61%
Big market surprise! Gold faces fierce selling pressure, with the price dropping nearly $20 within the day. Renowned institutions analyze gold trading.
#Gold Technical Analysis# 24K99 News At the end of the Asian session on Friday (November 8), spot gold suddenly plunged in the short term, with the gold price currently near $2686 per ounce, plummeting nearly $20 within the day.
Gold suddenly experienced a sharp decline! The price of gold just lost the $2700 mark. FXStreet's chief analyst provides a technical outlook on the gold price.
On Friday during the Asian market session, spot gold suddenly plunged in the short term, with the price just breaking below $2700 per ounce; the price of gold surged nearly 2% on the previous trading day.
Fed rate cut sparks market boom! Powell sends out a significant signal. Gold price skyrockets over $47. How to trade gold?
On Thursday, spot gold surged nearly 2%, as the Fed cut interest rates by 25 basis points as widely expected, causing the dollar to plummet and providing upward momentum for gold. FXStreet analyst Christian Borjon Valencia pointed out that the Fed's dovish rate cut and hints of flexibility in future policy direction benefited gold.
Gold Rebounds After Post-election Selloff on Back of Stronger Dollar
Gold Is the New Bitcoin – TDS
Sweden and the united kingdom central banks successively cut interest rates, is the "interest rate cut" wave coming to europe?
Promote economic development while stabilizing prices.
Commodity Roundup: Oil Prices Down, Gold Steadies as Focus Shifts to Fed Rate Decision
Fed's decision may trigger the gold market! Can Powell become the savior of the bulls? Key day gold price trading analysis
#Gold Technical Analysis# On Thursday (November 7), in the early European session, spot gold maintained a moderate rebound trend, with the current price near $2,666 per ounce; yesterday, the gold price plummeted by nearly $85.
Trump hits commodity futures hard, Citi: sell oil, buy the dip in gold, watch China for metals.
After the "Red Tide" swept through, commodities plummeted. Citigroup predicts that Trump's return will suppress oil prices, but still bullish on the gold bull market, the global de-dollarization process and central banks of various countries shareholding gold will continue to provide support. The mid-term trend of base metals may depend on changes in china and trade situation.
Trump's election victory dealt a blow to the price of gold, can gold continue to "shine"?
After Trump won the usa election, the price of gold futures plummeted.
Gold price reaches a new bearish target! Latest trading analysis from a well-known institution: Gold price may have over $50 downside potential.
#Gold Technical Analysis# 24K99 News Thursday (November 7th) Asian market closing, spot gold continues to be under pressure after yesterday's sharp decline, with the price around $2,656 per ounce.
Gold price plunges before the Federal Reserve decision! Focus on how Powell views Trump's return. FXStreet's chief analyst provides technical analysis of gold price.
During Thursday's Asian session, spot gold basically stabilized after yesterday's sharp drop, with the current price around $2,660 per ounce. Valeria Bednarik, Chief Analyst at FXStreet, pointed out that the current gold price is still trading near Wednesday's low, despite recent oversold conditions, there is still a possibility of further decline.
After the huge earthquake, the "golden moment" of gold is still not over.
With the landing of major events in the USA, international precious metals prices have fluctuated significantly. However, Wall Street expects that as US inflation rises and the global demand for physical gold by central banks remains strong, the future gold price will continue to be supported.
Shocking! Trump's victory triggered a 175-point surge in the US dollar and a nearly $85 drop in gold prices. How to trade gold?
On Wednesday, after Trump was elected President of usa, investors rushed to buy dollars, causing the gold price to plunge to a three-week low. Stone X analyst Rhona Connell said: "Originally, the market expected election results to be controversial, but Trump's clear victory eliminated this uncertainty, reducing risks. Trump's election resulted in a strong rise in the dollar, and the combination of the two caused the gold price to fall."
Can't stop it! The price of gold fell nearly 3% intraday, can the Federal Reserve save it?
Analysts say that a major issue facing the gold market is the comparison between the current Trump and the one who won the election eight years ago, what are the differences.
[Real-time Tracking of the Election] Trump officially wins the usa election.
On November 5th, USA will hold the 60th presidential election, the current vice president Harris and former president Trump will officially compete. Finance Associated Press will track and report the latest developments of this election, so please stay tuned.
Gold Dumped for Riskier Options as Trump Nears Finish Line
After Trump announced winning the usa election, spot gold fell below the $2710 mark intraday. Will the gold bull market continue?
① Today around 2:30 PM, spot gold fell below $2710.00 per ounce, a decrease of about 1.24% intraday; ② According to Trump's core policy proposals of 'lowering interest rates, increasing income, and adding tariffs,' the USA is highly likely to experience a second round of inflation, which will be bullish for gold; ③ The price of gold is mainly related to whether the US dollar is strong and geopolitical risks.
USA election sudden breakthrough! Trump wins the 2024 USA election, gold price plunges over $40, dollar surges 185 points. Well-known institutions analyze gold trades.
On Wednesday, the Asian market saw a sharp drop in spot gold prices at the close, with gold prices currently falling to around $2702 per ounce, a drop of nearly $42 within the day. The counting of votes for the US presidential election is still ongoing on November 6th local time. US media estimates that Trump has already secured at least 270 electoral votes.
USA election heavyweight! Harris 212 votes closely following Trump's 232 votes. Gold price surged over $12 from the daily low. Chief analyst's technical analysis of gold.
On Wednesday, during the Asian market session, the latest news of the US election voting showed that Trump's lead further narrowed, causing the USD to significantly retreat from the day's high. Spot gold continued to rise in the short term, with the current gold price reaching around $2743 per ounce.