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 settled at $1275.29 per ounce, rising nearly 1.6% over the course of the week, as renewed political unrest in Europe and weakness in the U.S. dollar boosted the precious metal’s safe-haven appeal.
Gold prices rose $11.51 on Wednesday, moving away from a four-and-a-half-month low reached earlier this week, as the U.S. dollar fell after core inflation data missed expectations and the Federal Reserve left the outlook on interest rates unchanged.
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