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BMO raises forecast: Gold price is bottoming out, gold and silver will rise before the end of the year!
Analysts say that gold is returning to the global currency system and this will be a long-term trend for the next decade.
The gold market is about to explode! USA GDP is coming, how to trade after the gold price drops?
#Gold Technical Analysis# 24K99 News on Thursday (June 27), spot gold hovered around $2300/ounce in the early European market after a sharp drop yesterday.
Gold is still in a 'dangerous period,' according to a well-known institution, and the price of gold may have nearly 30 dollars of downside risk.
On Thursday, June 27th, spot gold hovered around $2,300 per ounce in early European trading.
Major changes have occurred in the technical aspect of gold! The bears are targeting these goals. FXStreet analyst's gold price technical analysis.
#Gold Technical Analysis# 24K99 News: In early European trading on Wednesday, spot gold continued to be under pressure, currently around $2314 per ounce; earlier, the price of gold fell to $2309.58 per ounce, hitting a new intraday low.
Beware of the Federal Reserve's "Big Eagles" triggering a violent sell-off in gold! FXStreet senior analyst's analysis of gold trade.
#Gold Technical Analysis# 24K99 News On Tuesday (June 25th) during early European trading, spot gold maintained its downward trend for the day with current prices near $2324/ounce, down more than $10 for the day.
Could still rise nearly 30%! Bank of America called out a super high target price: gold may rise to $3000 next year.
Bank of America analysts predict that the price of gold may soar and is expected to reach $3,000 per ounce within the next 12 to 18 months. Michael Widmer, Bank of America's chief csi commodity equity index strategist, wrote in a report to clients that investment demand, geopolitical tensions, rate cuts, and central bank purchases of gold could all boost the price of gold.