Forecasts & Analysis | Gold

The dollar continues to help buoy gold prices

Our researchers believe the next target is $1935.  Keep reading to learn why we believe this is the next major price target for Gold.

Gold markets have rallied slightly on Monday, as we break above $1800. But it looks like we have some work to do before we can go straight up in the air.

The early price action suggests the key levels to watch today are $1798.10 and $1813.20.

Silver gained additional upside momentum above $19.00 and heads towards the next resistance at $19.50.

Gold futures lost 0.11% on Friday, as the market extended its short-term downward correction following Wednesday’s advance to new long-term high of $1,829.

Gold prices climbed higher during London’s trading session on Monday afternoon, as global investors kept increasing their stakes in the safe-haven asset.

Equity markets in Europe are showing decent gains this morning.

The Commitments of Traders report covering positions held and changes made by money managers in the week to July 7. Appetite for risk during this U.S. holiday shortened week was firm with the Bloomberg Commodity Index rising by 2.4%. Broad-based buying lifted the net-long held across 24 commodity futures above

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