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Topic

Goldman

US MIDDAY: Gold slides to 11-week low

US MIDDAY: Gold slides to 11-week low

Published 30 Jun, 2021 03:54am
NEW YORK: Gold fell to its lowest since mid-April on Tuesday as the dollar strengthened in the run-up to this week's...
Gold faces headwinds from strong China factory data

Gold faces headwinds from strong China factory data

Published 31 Mar, 2021 11:52am
  • The International Monetary Fund will raise its forecast for global economic growth in 2021 and 2022 after last year's 3.5% contraction, IMF Managing Director Kristalina Georgieva said on Tuesday.
Firm dollar, equities put gold under pressure

Firm dollar, equities put gold under pressure

Published 29 Mar, 2021 10:58am
  • Hedge funds and money managers raised their bullish positions in COMEX gold and cut them in silver contracts in the week to March 23, the US Commodity Futures Trading Commission (CFTC) said on Friday.
US MIDDAY: Gold eases

US MIDDAY: Gold eases

Published 18 Mar, 2021 03:56am
NEW YORK: Gold prices fell on Wednesday, weakened by elevated US bond yields and a firmer dollar, as markets turned...
Gold steadies in Europe

Gold steadies in Europe

Published 17 Mar, 2021 04:45am
ROTTERDAM/LONDON: Gold steadied on Tuesday as investors awaited policy cues from a two-day US Federal Reserve...
Spot gold to test resistance at $1,801

Spot gold to test resistance at $1,801

Published 22 Feb, 2021 10:17am
  • This $1,869 level is pivotal in deciding how far the wave C could travel. A break below it could confirm the extension of this wave towards $1,651.
Spot gold may fall to $1,818

Spot gold may fall to $1,818

Published 11 Feb, 2021 10:13am
  • A downward wave C could have resumed, which is expected to travel below $1,783. A break above $1,853 could lead to a gain to $1,875.
Spot gold may test support at $1,801

Spot gold may test support at $1,801

Published 08 Feb, 2021 10:27am
  • The bounce on Feb. 5 is classified as a pullback towards $1,805. Eventually, the metal may break this level and fall to $1,769.
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