Gold Price: Buyers Eye Gains Around $1,850

Gold Price

Gold price reverse the previous day’s pullback from the highest levels since late November during early Friday. In doing so, the yellow metal cheers consecutive third day of the downbeat US Treasury yields, as well as risk-off mood amid the market’s cautious sentiment ahead of next week’s Federal Open Market Committee (FOMC).

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Gold Price: Buyers Eye Gains Around $1,850 via @marketinvestor

Gold Price Forecast: Gold Consolidates in Weekly Highs

Gold Price

Gold price is easing from fresh one-week highs of $1,829, as sellers continue to lurk around the $1,830 area. The pullback in gold price is mainly sponsored by a brief bounce in the US dollar across its main competitors, as bears take a breather ahead of the US Retail Sales release.

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Gold Price Forecast: Gold Consolidates in Weekly Highs via @marketinvestor

Gold Price: Gold Markets Give Up Early Gains

Gold Price

Gold Price: Gold markets have rallied during the trading session on Thursday initially, but then turned around to show signs of weakness and exhaustion. It appears that the $1820 gold price level is still going to be difficult to get above, I think we are going to spend the rest of the year in this trading range that we have been in.

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Gold Price: Gold Markets Give Up Early Gains via @marketinvestor

Gold Price Forecast: Gold to Retest December Highs

Gold Price

Gold price recaptured the $1,800 threshold and finished Wednesday nearly multi-day tops of $1,805. Gold price looks to retest December highs amid bullish technical setup. Wednesday’s sharp gains have helped gold recapture all the major Daily Moving Averages (DMA), underpinning the bullish sentiment.

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Gold Price Forecast: Gold to Retest December Highs via @marketinvestor

Gold Price Consolidates Biggest Daily Losses

Gold Price

Gold price (gold spo euro) grinds around intraday high, up 0.17% on a day near €1,588 ahead of today’s European session. In doing so, the metal prices in Euro pare the previous day’s losses, the heaviest since November 30, amid mixed sentiment.

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Gold Price Consolidates Biggest Daily Losses via @marketinvestor

Gold Price Forecast: Gold Cheers Flight to Safety

Gold Price

Gold Price Forecast: Gold price is off the three-week highs but remains buoyed by the risk-off market profile. Uncertainties surrounding the Omicron covid variant sap investors’ confidence. Meanwhile, US Senator Joe Manchin left Democrats hanging with Biden Bill rejection, jeopardizing the $1.75 fiscal sending plan.

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Gold Price Forecast: Gold Cheers Flight to Safety via @marketinvestor

Gold Price Today: Gold Pierces €1,600 to Refresh Monthly Top

Gold Price Today

Gold Price Today: Gold refreshes monthly high near €1,603 heading into Monday’s European session. In doing so, the yellow metal cheers downbeat US Treasury yields to renew multi-day top. That said, the US 10-year Treasury yields drop four basis points (bps) to 1.36%, down for the third consecutive day to poke the monthly low marked on December 03 at the latest as market sentiment sours.

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Gold Price Today: Gold Pierces €1,600 to Refresh Monthly Top via @marketinvestor