Forecasts & Analysis | Gold
Asia Market News: Aussie Dollar and ASX 200 Down on Q4 GDP Numbers
It was a mixed morning session across the Asian markets on Wednesday. Bets on a BoJ pivot from negative rates pressured the USD/JPY.
Hang Seng Index, ASX 200, Nikkei Index: US Services PMI, NPC Dynamics at Play
Australian GDP data and National People’s Congress updates vie for investor attention, influencing the Hang Seng Index and broader market dynamics.
Gold Price Forecast: Surge to 2,142 and Beyond
Gold’s rapid ascent to a new record high of 2,142 reflects strong demand, with further bullish indications as it surpasses key targets and sets new closing price records
Gold, Silver, Platinum Forecasts – XAU/USD Hits Record High Ahead of Fed Policy Moves
XAU/USD soars to record high with U.S. policy shifts, geopolitical unrest. Silver, platinum lag behind. Analysts eye Fed for future gold trends.
Gold Price Forecast – Gold Markets Continue to Shoot Straight up in The Air
Gold markets rallied rather significantly during the trading session on Tuesday again, as we continue to see plenty of “FOMO trading” in the market as we raced toward the all-time highs.
Gold Prices Forecast: Approaching Historic Highs Amid Rate Cut Hopes
Gold prices near historic highs on Fed June rate cut expectations and U.S. economic trends, as markets await Powell’s direction amid global tensions.
Gold, Silver, Copper Daily Forecast: China’s 5% GDP Goal Stirs Market; Upside Potential?
Copper’s muted reaction to China’s steady 5% GDP target juxtaposes with silver’s resilience, spotlighting metals’ diverse responses to economic forecasts and policy anticipations.
Hang Seng Index, Nikkei Index, ASX 200: What’s Next for Asian Markets after 40,000?
Hang Seng Index and broader Asian markets eye Service Sector PMIs from Australia, China, and Japan Amidst National People’s Congress Updates.
Silver Price Forecast: Targets Set for Further Gains
Silver’s monthly bullish breakout and multiple bullish signals on different time frames suggest a potential surge, with targets set around 27.14, signaling a possible shift in its trajectory.
Precious Metals Broadly Higher!
The price of spot silver (XAG/USD) is powering higher, movement throwing light on weekly resistance!