DailyForex analysts monitor the gold market regularly to bring you gold price predictions and gold market forecasts that can help you find the best positions in the gold market. Our gold forecast signals are good for both forex gold spot market traders and as well as for the long term gold investors in commodities market.
Watch as gold prices fluctuate based on technical analysis, global political developments and comprehensive market research in the gold market forecasts below. Learn how to purchase gold at the higher price in uptrend market and avoid losing money due to the wrong entry point. Our gold forecase provides you with the right signals at the right time.
The decline in US inflation rates, stronger than expected, negatively affected the path of expectations of raising US interest rates in the coming months.
At the beginning of this week's trading, gold futures regained the top of the 1,800 US dollars, driven by the weakness of the US dollar and the divergence of Treasury yields.
Gold markets have rallied rather significantly during the day, as we have gone back and forth during the trading session before shooting straight up in the air.
Gold futures extended their gains since the start of trading this week. Gold prices were the closest to testing the psychological top of 1800 dollars an ounce.
Gold markets rallied significantly over the last several days, especially due to the interest rates in the United States tightening.
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