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 last traded at $1,288.70, up 0.5% from last Friday. Gold's lackluster performance during a week that saw equity markets drop more than 3.5% is not inspiring a lot of investor confidence in the near...

Read more

RECENT NEWS

Wall Street and Main Street are slightly split on where gold is headed next week, according to the weekly Kitco News gold survey. The largest bloc of Wall Street voters called for lower prices, while Main Street remained bullish. Sixteen market professionals took part in the Wall Street survey. Seven participants, or 44%, described themselves as bearish for this week. There were five votes, or...

Wall Street and Main Street are unequivocally bullish on gold in the near term as the precious metal saw strong gains this past week, culminating in a 10-month high. Although prices are ending the week off their highs, many analysts have noted that gold held important initial support levels, a good indication that prices still have room to move higher in the near term. "I dont think this...

Wall Street and Main Street remain bullish in the weekly Kitco News gold survey. A number of analysts and traders cited an expectation that the U.S. dollars recent rally will stall, which would help gold due to the inverse relationship between the two. Others cited technical-chart strength in gold. Seventeen market professionals took part in the Wall Street survey. There were 13 votes, or...

Wall Street and Main Street both remain bullish in the weekly Kitco News gold survey, in essence considering last week's pullback as a correction in a market that still is still in an uptrend. Fifteen market professionals took part in the Wall Street survey. There were 11 votes, or 73%, calling for higher prices. There were two votes each, or 13%, for both lower and sideways. Meanwhile, 467...

Wall Street and Main Street look for gold to keep climbing this week, according to the Kitco News gold survey. Many traders and analysts cited a dovish Federal Open Market Committee after a policy meeting this week, in which officials indicated they are pausing in the monetary-tightening cycle while awaiting more economic data. This tends to undermine the U.S. dollar, which helps gold. It also...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.