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..
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. Ready to Get Started with Gold Trading?
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Gold prices settled at $1322.05 an ounce on Friday, falling 0.42% on the week and 1.99% over the month.
Gold prices ended Thursday slightly lower after a volatile session. XAU/USD moved towards the bottom of the daily Ichimoku cloud as expected after prices broke below the 1314/2 area, but the market found strong support there and recouped losses.
Gold prices ended Wednesday’s session nearly unchanged after shuffling between gains and losses following the sharp drop seen on Tuesday.
Gold prices fell $14.16 an ounce on Tuesday, weighed down by a rally in the U.S. dollar following Federal Reserve Chairman Jerome Powell’s testimony before the House Financial Services Committee.
Gold prices rose $5.39 an ounce on Monday as the dollar’s recent rally stalled ahead of key U.S. economic reports and a speech from Federal Reserve Chairman Jerome Powell later in the week.
Gold prices settled at $1328.75 an ounce on Friday, suffering a loss of 1.37% on the week, as concerns about higher interest rates resurfaced following the release of minutes from the Federal Reserve’s January meeting.
Gold prices ended Thursday’s session up $7.21 an ounce, snapping a four-day losing streak, as a retreat in the dollar sparked some short-side profit taking.
Gold prices fell for a fourth straight session on Wednesday to settle at their lowest level in a week as the dollar strengthened after minutes from the latest Federal Reserve Open Market Committee meeting showed that policymakers backed further interest rate hikes.
Gold prices continued to slide yesterday, extending losses from Monday’s session, as the dollar continued to appreciate.
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Gold prices ended Monday’s session down $0.72 an ounce as the dollar recovered some of its recent losses.
Gold ended the week up $33.44 at $1347.65 an ounce, driven by a weak dollar. Despite a number of factors that should be driving the dollar higher, it is sliding again.
Gold prices ended Thursday’s session up $3.21 an ounce, extending gains to a fourth straight session, as dollar weakness continued.
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Sign up to get the latest market updates and free signals directly to your inbox.Gold prices rose for a third straight session on Wednesday to settle at their highest level since January 29 as continued weakness in the U.S. dollar and inflation fears increased demand for the precious metal.
Gold prices ended Tuesday’s session up $6.66 an ounce as a weaker U.S. dollar gave the precious metal a boost.
Gold prices rose $8.18 an ounce on Monday, helped by a softer dollar. The dollar slipped yesterday as world stock markets rebounded after two weeks of sharp declines.