The U.S. dollar has been stealing gold's thunder again as it took on a role of a safe-haven, with analysts warning to keep a close eye on the $1,269 level, which if broken can be a gateway to even lower prices. The yellow metal has been struggling this week as equities rebounded, the U.S. dollar climbed higher, and geopolitical tensions seemed to favor the dollar over gold. June Comex gold futures were last trading at $1,273.60, down 0.29% on the day. "We've seen a pretty strong dollar index, a resurgence in risk appetite, and we've had a move higher in the U.S. yields," TD Securities head...

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Heightened global trade tensions are pumping volatility into financial markets, but there is still not enough fear to drive gold prices materially higher, according to some analysts. Falling equity markets are helping gold prices end last week in positive territory, but the market remains trapped in a channel, unable to break critical resistance levels above $1,290 an ounce. June gold futures...

There is a bullish gold trend developing in the background as markets focus on U.S. inflation data this week following Federal Reserve Chair Jerome Powell's comments dismissing low inflation as "transitory." Last week investors saw a slate of positive data out of the U.S., with the Fed holding rates unchanged, Powell sounding optimistic, and jobs data coming in stronger-than-expected. Gold has...

Wall Street and Main Street are both bullish in the weekly Kitco News gold survey, looking for the metal to continue the bounce from the year-to-date low it hit at the start of last week. The Comex June futures bottomed at $1,267.90 an ounce on Tuesday, but “ assuming they hang onto Fridays gains “ then proceeded to rise for three days in a row. Eighteen market professionals took part...

Wall Street leans slightly bearish and Main Street slightly bullish in the weekly Kitco News gold survey. Neither the bulls nor the bears had an outright majority in either survey, however. The Wall Street bulls figure gold is due for a corrective bounce higher, while the bears look for the downward momentum to continue due to technical-chart damage and recently stronger equities. Fifteen...

The biggest voting blocs on Wall Street and Main Street look for gold prices to rise over the this week, according to the weekly Kitco News gold survey. Thirteen market professionals took part in the Wall Street survey. Seven participants, or 54%, described themselves as bullish for the this week. There were three voters each, or 23%, for both bearish and sideways. Meanwhile, 534 respondents...

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