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 markets have initially pulled back a bit during the trading session on Thursday but turned around to show signs of life as we continue the overall volatility in this market.
During yesterday's trading session, the price of gold rose from its lowest level in more than two years, as the dollar fell after setting a new record.
XAU/USD gold prices rose after the US Federal Reserve raised interest rates by 75 basis points for the third time in a row, a widely expected move that wiped out some predictions that the
Gold price was little changed near its weakest level in more than two years as investors weigh the potential size of a looming interest rate hike by the Federal Reserve, which could put renewed pressure on the precious metal.
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