Gold price surges above $2,700 as Fed cut rates weighed on US yields – FXStreet
Gold benefited from the Fed's dovish rate cuts and hints of flexibility in future policy direction. Investors are becoming cautious as Chairman Powell has suggested that rate cuts may be adjusted to changes in the labor market. The upcoming UoM consumer sentiment report and inflation expectations could further impact gold momentum. Gold prices rose above […]
Gold price hovers around $2,690 as Fed cut reinforces safe-haven appeal – FXStreet
Gold rose after the Fed cut interest rates by 25bps as expected. The Fed notes that risks are balanced, but there is economic uncertainty, supporting gold's appeal as a safe-haven asset. Powell's future comments could provide further insight into the Fed's interest rate path and economic caution. Gold prices held firm, rising more than 1% […]
ISRAEL: “Hundreds of millions in gold” found in Hezbollah bunker
Israel Defense Forces declassified information, exposing a special forces terrorist ‘bunker’ located under a hospital in Beirut. source
Gold prices nurse steep losses as Trump win sparks dollar, risk-on rally – Investing.com
Investing.com — Gold prices fell slightly in Asian trade on Thursday, paring sharp declines from the previous session after Donald Trump's victory in the 2024 election triggered a rally in the dollar and risk assets. Expanded. The yellow metal also hit a series of record highs in the run-up to the election and was hit […]
Gold Price Forecast: Plunges Below Key Levels as Bearish Momentum Builds – FX Empire
Bearish momentum accelerates Given the accelerating downside momentum seen today, gold appears headed for a retest of support around the 50-day moving average at 2,638, if not below. The next lowest pivot is at the bottom of the bull flag at 2,600. This low is also a higher swing low and is therefore part of […]
Gold prices rise to all-time highs with US debt mounting, election uncertainty
Rich Dad Company co-founder Robert Kiyosaki talks about his support for Bitcoin and explains his concerns about the bond market on Kabuto: Coast to Coast. gold price This week, it hit a record high amid uncertainty over the upcoming election and the rise in the U.S. Treasury debt. Gold futures prices have risen more than […]
Gold market analysis for November 6 – key intra-day price entry levels for active traders – Kitco NEWS
Jim Wyckoff He has been involved in the stock, financial and commodity markets for over 25 years. He was a financial journalist for the FWN Newswire Service for many years, including stints as a reporter on the rough-and-tumble commodity futures exchanges in Chicago and New York. As a journalist, he has covered every futures market […]
The Atlantic’s Goldberg Reacts to Gold Star Family Rejection of Trump Hit Piece — ‘The Truth Is the Truth’
“The truth is the truth” about Vanessa Guillen's Gold Star family, Atlantic editor-in-chief Jeffrey Goldberg said Wednesday on CNN's “The Lead.” Host Jake Tapper said, “We'll start the article with a story related to Donald Trump and Vanessa Guillen. Vanessa was a 20-year-old Army private. She was killed at Fort Hood. In July, he invited […]
Gold Price Forecast: Hits Resistance, Eyes Key Support Amid Bearish Reversal – FX Empire
2,753 targets lead to sales While the upside target of 2,753 was met and appeared to be acknowledged by the market, gold still has higher targets that it could eventually reach once the retracement is completed. There are some important potential support levels to watch out for on the way down. The first is the […]
US Dollar Forecast: Bullish DXY Outlook as Treasury Yields Climb, Gold Prices Slip – FX Empire
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