Gold prices retreated on Tuesday, extending losses for third day in a row, due to slowdown in demand for the metal as a safe haven, in light of improvement in risk appetite among investors, especially after positive developments of trade talks between United States and China. Gold prices lost by 0.4% to $ 1,921.39, from […]read more
Forecast & Technical Analysis
BrokerTrending provides you with the latest gold forecast by our financial analysts, including news, fundamental analysis and outlook.
Gold prices rose on Monday to resume its gains that were temporarily halted in previous dealings. This rise comes based on USD decline against a basket of global currencies, in addition to renewed purchase of metal as a safe haven. Gold prices rose by 0.4% to $ 1,957.01, from today’s opening level of $ 1,949.60, […]read more
Gold Price Forecast: 11th August 2020 Gold prices retreated during today’s trading, and the precious metal recorded its largest daily loss in about five months, amid profit-taking and breath-taking deals after the strong gains achieved by gold in recent times. US economic data showed that producer price index in the country rose by 0.6% during […]read more
Gold Price Forecast The gold price rose during trading on Tuesday, ending the transactions above the psychological barrier of two thousand dollars for the first time ever, in light of the negative stability of USD against most major currencies. Markets are still closely following the Coronavirus crisis, with the number of Coronavirus infections worldwide increasing […]read more
Gold Price Forecast & Technical Analysis: 29th July 2020 The gold price stabilized on the European market on Wednesday within a limited range of transactions, near the highest levels ever recorded earlier in yesterday’s trading, in light of the reluctance of investors to build new centres, in anticipation of the issuance of the Federal Reserve […]read more