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 dropped $1.7 an ounce yesterday as a stronger dollar and gains in equity markets weighed on the metal and investors awaited outcome of the Federal Reserve’s policy meeting.
Gold prices settled at $1204.32 an ounce, falling 2.32% over the course of the week, as pressure from a stronger dollar weighed on investor appetite for the precious metal.
Gold prices dropped $8.07 on Monday, extending last week’s losses, as growing confidence that U.S. interest rates will rise this month outweighed haven buying amid political uncertainty in France.
Gold ended the week down $22.99 at $1234.54, breaking a four-week winning streak, as an extreme shift in expectations of interest rate hikes weighed on the market.
Gold prices fell $4.06 on Tuesday, extending their losses to a second straight session, as investors grew more confident that the Federal Reserve could raise interest rates as early as this month.
Gold prices fell $4.79 on Monday, ending a three-day streak of gains, as investors awaited comments from President Donald Trump on Tuesday that could shed some light on his economic plans.
Gold prices climbed for a third day and settled at $1257.03 an ounce, gaining $21.25 over the course of the week, as stock markets turned lower and the American dollar weakened.
Gold prices ended Wednesday’s session up $1.11 as the American dollar weakened after the release of the minutes from the most recent Federal Open Market Committee meeting.
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