LAST UPDATE 21:50 Gold fell on Tuesday, completing four consecutive negative sessions and falling to a three-week low, while at the same time losing the psychological level of $ 1,800. In particular, the December delivery of gold lost $ 22.50 or 1.2% and closed at $ 1,783.80 per ounce. This is the lowest level since […]
Tag: Gold market
At a low of more than two weeks, gold with the biggest daily drop for over 3 months
Gold prices fell more than 2% on Monday as the dollar “picked up” after the appointment of Federal Reserve Chairman Jerome Powell for a second term, boosting expectations that the central bank can maintain its course by reducing financial support. Instant gold fell 2% to $ 1,807.60 an ounce, after hitting a low of $ […]
Gold at a low of more than a week
Gold recorded losses in the last session of the week, despite its initial gains, with the price of the precious metal even reaching the lowest level of more than two weeks, as a result of the sharp fall of oil and the rise of the dollar close to almost high 16 months. “The sharp drop […]
Securing profits and a small drop for gold
Gold closed with losses on Thursday, falling from the 5-month high that reached yesterday’s meeting day. “Gold prices have skyrocketed in recent weeks and it is only natural for traders to make some profits,” Naeem Aslam, an AvaTrade analyst, told MarketWatch. “Despite the fall in gold prices on Thursday,” we do not think investors are […]
At 5 months high gold with profits close to 1%
Gold returned to profit after two consecutive sessions with losses, with the precious metal finding support in the climate of concern about rising inflation and closing at the highest level since June. Strong data on retail sales and industrial production released yesterday in the US helped allay concerns about the impact of the inflation rally […]
Second day of losses for gold
The gold closed with a negative sign on Tuesday, completing two consecutive negative sessions, with the precious metal still climbing intra-conference to a five-month high. The positive data that saw today the light of publicity for the retail sales and the course of the industrial production led to the upward ground of the Wall Street […]
Minor gold losses after seven bullish sessions
Gold traded lower on Monday, with investors making gains after a series of seven uptrends, the biggest uptrend since July 2020. In particular, the December delivery of gold lost $ 1.90 or 0.1% and closed at $ 1,866.60 per ounce. The precious metal closed last week with a total profit of 2.9%. The rise of […]
The best week of the 6 months for gold with gains of 2.9%
Gold closed with gains in the last session of the week, extending its positive streak for the seventh day, while at the same time it recorded the largest percentage increase on a 5-day basis since May. “Inflation is a real fear and this is reflected in the price of gold,” said Adam Koos, president of […]
1% rise for gold – At the highest level since June
The price of gold closed higher on Wednesday, with the precious metal closing at the highest level since June, as data released today showed that annual inflation in the US jumped to a high of 31 years. Particularly, the consumer price index increased by 6.2% from October 2020, according to data released today by the […]
Gold earnings fourth day
Gold closed lower on Tuesday, extending its uptrend in the four sessions as investors wait for the data to be announced tomorrow in the US to show a new jump in inflation. Investors’ concerns about inflation were further fueled today by the latest measurements of producer prices, which showed a monthly increase of 0.6% in […]
