Gold
XAU/USD2617.12USD
Today
-0.17%
1 Week
-1.62%
1 Month
+4.82%
6 Months
+11.88%
Year to Date
+26.88%
1 Year
+40.63%
Key Data Points
Opening Price
2621.16Previous Closing Price
2621.64Gold Trading Strategy
Trading Strategy
Short positions below 2635.00 with targets at 2612.00 & 2605.00 in extension.
Alternative scenario
above 2635.00 look for further upside with 2643.00 & 2653.00 as targets.
Comment
short positions below 2635.00 with targets at 2612.00 & 2605.00 in extension.
Gold News
Gold price hangs near three-week low, manages to hold above $2,600 mark
Gold price (XAU/USD) fell nearly 1.5% intraday and touched a three-week low on Tuesday, albeit found some support ahead of the $2,600 round-figure mark.
Peter Schiff to debate Michael Saylor on Bitcoin vs. gold
Peter Schiff is itching for a fight. After Michael Saylor posted an AI-generated image of himself, dressed like a warrior and draped in a Bitcoin chain, Schiff was quick to respond.
Gold price plummets below $2,650 as hopes for ceasefire increase
Gold prices slumped sharply on Tuesday following a strong US jobs report and newswires revealing that Hezbollah supported calls for a truce in the conflict between them and Israel.
Chinese central bank did not buy any Gold in September either – Commerzbank
The Chinese central bank (PBoC) reported unchanged Gold reserves of 72.8 million ounces (2,264 tons) at the end of September, Commerzbank’s commodity analyst Carsten Fritsch notes.
Receding rate-cut expectations weigh on Gold price – Commerzbank
On Friday, the Gold price came under pressure following the publication of surprisingly robust US labour market data.
Gold edges lower within range as China outlook weighs
Gold (XAU/USD) exchanges hands in the $2,630s on Tuesday as the yellow metal edges lower within the familiar $50 range of recent weeks.
