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Gold prices moved higher rising up to trend line resistance that comes in near 1,209. Support on the yellow metal is seen near the 10-day moving average near 1,196.
It’s a good time to be a gold bug. At the beginning of 2024, gold was trading at around $2,043 per ounce. At the end of last week it was a little higher than $2,330, marking a gain of more than 10%.
Initially estimating that gold could reach $15,000 per ounce, Rickards is raising his forecast — substantially. “My latest forecast is that gold may actually exceed $27,000,” Rickards wrote ...
Gold prices moved higher as the dollar declined and treasury yields remained steady. The move came following the US Federal Reserve’s announcement that rates would remain unchanged to at least ...
Gold prices fell despite weaker GDP data.
Gold prices face downward pressure as the dollar maintains strength.
Gold prices edge lower on hawkish Fed remarks. For premium support please call: 800-290-4726 more ways to reach us
US Yields reverse allowing gold to remain buoyed. For premium support please call: 800-290-4726 more ways to reach us
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