Gold prices edged higher on Wednesday, lifted by a weaker US dollar after mild inflation data strengthened expectations for a Federal Reserve interest rate cut in September. Investors are also closely watching the upcoming US–Russia talks over the ongoing war in Ukraine. Gold Holds Near $3,350 As of 04:47 GMT, spot gold was up 0.2% […]
15% Bitcoin could be an optimal allocation for investors seeking to safeguard their wealth against currency devaluation and economic instability, according to Bridgewater Associates founder Ray Dalio. Speaking on The Master Investor Podcast with Wilfred Frost, Dalio highlighted Bitcoin’s growing role as both a hedge and a store of value in a shifting macroeconomic […]
Market Analysis – August 7 Gold (XAUUSD) continues to signal sustained upward momentum, with price trading above the 9-day SMA, confirming short-term bullish strength. MACD readings remain positive, with the MACD line positioned above the signal line, indicating growing buying pressure. On the daily chart, price action maintains a bullish bias, forming a sequence of […]
Gold prices inched higher on Thursday morning (August 7) as global markets reacted to new US tariff actions, heightening investor interest in safe-haven assets like gold and silver. By 9:10 AM, MCX Gold October futures were up by 0.16%, trading at ₹1,01,423 per 10 grams, while MCX Silver September contracts advanced 0.47% to ₹1,14,187 per […]
Market Analysis – July 31 Gold (XAUUSD) is poised for a positive recovery from a key support level. After revisiting the $3,280 support, which has been reinforced by historical demand and an existing order block, gold has recently encountered resistance. The 9-day Simple Moving Average at $3,340 remains above the current price, indicating the potential […]
Gold and silver prices are currently in consolidation, but the broader trend remains bullish. Despite recent volatility triggered by tariff headlines, economic data, and low-volume trading, both metals are holding up well technically. Why the Pause? Market Noise Meets Summer Slowdown In the past week alone, markets were hit with a wave of news: the […]
Market Analysis – July 26 After a significant bullish break of structure, Gold initiated a strong upward trend as buyers firmly took control of the price action. This bullish momentum continued until mid-April 2025, when the price reached the $3400.000 supply level, where it encountered strong resistance that temporarily paused the advance. GOLD Key Levels […]
As of 9:20 a.m. Eastern Time, gold is selling at $3,355 per ounce. This is $62 lower than yesterday’s price but $990 higher than it was one year ago. Even with this small drop, gold remains a trusted option for people who want to protect their money during uncertain times. Why People Still Invest in […]
Market Analysis – July 18 Gold continues to trade within a firmly established bullish trend that began from the low recorded in November 2024. Since then, the price has maintained a steady upward trajectory, consistently respecting a long-term ascending trendline that has acted as dynamic support throughout the move. GOLD Key Levels Demand Levels: 3130.00, […]
