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.
Gold prices rose $3.43 an ounce on Monday as investors bet that the Federal Reserve will not raise interest rates this year if economic growth slows further.
Gold prices ended Friday’s session down $9.09 an ounce as the dollar rose in the wake of U.S. non-farm payrolls data for December, which suggested the economy maintained strong momentum at the end of 2018.
Gold prices advanced to their highest level in nearly six months on Thursday after losses across global stocks and a pullback in the dollar pushed investors into safe-haven assets.
Gold prices ended Wednesday’s session down $6.85 an ounce, reversing earlier gains, as the dollar recovered following Fed Chairman Jerome Powell’s press conference.
Gold prices ended Tuesday’s session up $3.42 an ounce as the dollar fell on expectations that the U.S. central bank will ease up on interest rate hikes next year.
Gold prices ended a choppy, two-sided trading session slightly lower on Tuesday as a recovery in global stock markets dented the appeal of safe haven assets.
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