Market analysis

Gold Prices Slip on Profit Taking

Gold prices fell $2.49 an ounce on Wednesday as investors took profits from a recent rally to a five-week high. XAU/USD initially headed lower, but found support above the $1232.60-$1231.50 area and recovered some of […]

Market analysis

Gold Prices Hit 5-Week High

Gold prices ended Tuesday’s session up $7.63 an ounce as rising volatility in global equity markets and falling U.S. Treasury yields bolstered demand for gold. The precious metal also benefited from an improved technical outlook. […]

Market analysis

Gold Climbs on Weaker Dollar

Gold prices rose $7.25 an ounce on Monday as a weaker dollar lent support to the market and some investors recalibrated their views on U.S. interest rates. Fed Chairman Jerome Powell’s dovish remarks on U.S. […]