Gold

UBS analysts reiterated their bullish outlook for gold, citing its value as a hedge against macroeconomic and geopolitical uncertainty:Maintains a price target of $2,700 per ounce by mid-2025Briefly from the UBS report:Gold is expected to…

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Bulls have been panting and panting for the past three weeks but have yet to open the door for a stronger technical breakout. Gold prices have been consolidating in a tight range lately and it is safe to say that the next trade is to go…

Gold has risen to record highs over the past few days, but it appears to be struggling to break out of consolidation. Check out these turning points I'm watching! Gold (XAU/USD) Forex 1 Hour Chart by TradingView All this talk about…

Basic OverviewMarkets were waiting for the US non-farm payrolls report for a clear signal of a 25 or 50 basis point rate cut at the upcoming FOMC meeting, but instead we got a mixed report with some better details. As a result, the odds of…

Gold monthlyChina’s central bank did not announce any gold purchases in August, saying reserves remained at 72.80 million troy ounces. Announced purchases stopped in May after several months of accumulation.Reports later suggested that the…

Image: cryptobriefing.com In a strategic move to diversify its offerings and cater to the evolving needs of the digital asset market, Tether, a leading stablecoin issuer, has announced the launch of a new synthetic…

Basic OverviewGold has been steadily rising this week since bouncing off the recent range low. Weak US job openings data on Wednesday gave it the support it needed to push towards key resistance at 2530. The move was driven by lower real…

Spot gold appears ready to extend the uptrend with long wicks emerging near the previous resistance area.In case you missed it, risk aversion was the name of the game yesterday as traders fretted over global growth and the possibility…

Basic OverviewGold continues to trade in a tight range as the market awaits key catalysts this week. As a reminder, the Fed is now very focused on the labor market as Fed Chair Powell said they will not welcome further weakness and will do…