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Gold Price Analysis — November 11

Gold (XAU/USD) has erased most of its gains from Monday’s trading session and was last spotted hovering above the $1876 support. It appears that the yellow metal has found mild demand at the $1876 support and is being supported by a combination of factors. The frenzied market reaction to the positive development surrounding a COVID-19 […]

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Gold Prices Climb as Trump’s Tariff Moves Stir Global Market Fears — What’s Next for Investors?

Gold Price Analysis — November 9

Gold (XAU/USD) traded on a sideways momentum in the early European session on Monday and was last spotted trading around the $1960 area. The US dollar (DXY) remained in a depressed tone following the official announcement of Joe Biden as the President-elect of the suspense-filled US Presidential election. A weaker USD was cited as one […]

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Gold Price Analysis — October 28

Gold (XAU/USD) continued on its consolidation bias in the early European session on Wednesday and was last spotted trading at a fresh daily low of $1893. The yellow metal experienced a renewed bearishness and erased the previous day’s gains, although it remained well within a four-day-old trading range. A healthy bounce in the US dollar […]

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A Quick Guide on How to Invest in Gold in 2021

When it is about investing in Bullion markets, there are primarily three ways about how to invest in gold. The investors can choose from one of the below: – Purchase the metal itself– Invest in shares of ETF [Exchange-traded fund] that replicates the gold price– Trade future and options in the commodity market – mostly […]

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Gold Begins the Week on a Depressed Sentiment

Gold (XAU/USD) traded lower in the early European session on Monday and has fallen to a new one-week low in the Asian session, although bears lacked any follow-through strength. The yellow metal continued on its decline from the $1933 supply zone and has traded on a depressing sentiment for its third consecutive session today. The […]

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Gold Rises Amid Renewed Hopes of Additional Stimulus

Gold (XAU/USD) traded on an upbeat momentum in the early European session and renewed its daily high around $1923, although it lacked any follow-through strength. The yellow metal has now traded on a bullish momentum for the third consecutive session on Wednesday. The current bearish bias surrounding the US dollar (DXY) was seen as the […]

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