Gold Price Forecast: Targets $2,600 Amid Strong Momentum and Bullish Breakout – FX Empire
The next target zone is 2,594 to 2,605 There are two patterns that point to a target zone of 2,594 to 2,605. The first price level marks the completion of an ascending ABCD pattern (purple) that started from the June swing low and extended by a 127.2% percentage. Secondly, the second level of the range […]
Gold price in India: Rates on September 13 – FXStreet
Gold prices rose in India on Friday, according to data compiled by FXStreet. Gold price was at INR 6,933.35 per gram, up from INR 6,905.34 on Thursday. Gold prices rose to INR 80,880.93 per tola from INR 80,545.38 per tola the previous day. Unit of measurement Gold Price (Indian Rupee) 1 gram 6,933.35 10 grams […]
Gold price surges to record highs above $2,550 as Fed rate cut expectations mount – FXStreet
Gold hit a new record high after U.S. jobless claims and producer inflation data backed up a possible Fed interest rate cut. The US Dollar Index (DXY) fell 0.29% and Treasury yields rose, with the 10-year Treasury note at 3.689%. The CME FedWatch tool indicates there is an 85% chance that the Fed will cut […]
Gold Star father sends chilling message to the Biden-Harris admin: You ‘killed my son’
‘Outnumbered’ panelists react to Vice President Kamala Harris accusing former President Trump’s campaign of having an … source
Gold prices rise, keep record highs in sight amid bets on smaller rate cut – Investing.com
Investing.com — Gold prices rose in Asian markets on Thursday, remaining near record highs as traders bet the metal will still benefit from a low interest rate environment. But expectations of a big rate cut from the Federal Reserve have plummeted after August core CPI inflation data came in better than expected. Traders were likely […]
Gold Price Forecast: Faces Key Resistance at 2,529 Amid Consolidation Battle – FX Empire
An ascending triangle is forming There appear to be two ways to look at the recent tight consolidation pattern: as a rectangle, or as an ascending triangle pattern developing within the rectangle. If the triangle comes into play, a sharp upward breakout above 2,532 could occur. If the integrity of the triangle holds, a breakout […]
Gold Star Dad Khizr Khan to Appear at Debate for Kamala Harris
Khizr Khan, father of fallen soldier Captain Humayun Khan, will reportedly attend the presidential debate in support of Vice President Kamala Harris. Khan, who criticized Trump at the 2016 Democratic National Convention, will reportedly appear in the Harris campaign's press office along with Gov. Josh Shapiro (D-Pennsylvania) and Gov. Roy Cooper (D-North Carolina). According to […]
Gold price rises ahead of US CPI data and first Harris/Trump presidential debate – FXStreet
As Treasury yields fall and the US dollar weakens, gold prices rise. Traders are awaiting US CPI data. The probability of a Fed rate cut is 67% for a 25bps cut and 33% for a 50bps cut. The focus now shifts to the first US presidential debate, which could influence pre-election market sentiment. Gold prices […]
Congressional Gold Medals for 13 service members killed in Kabul
Congress on Tuesday posthumously bestowed its highest honor on 13 U.S. soldiers killed in a bomb attack at Kabul's airport during America's disastrous withdrawal from Afghanistan. Lawmakers gathered in the Capitol Rotunda alongside tearful relatives of fallen heroes for the awards ceremony, which came on the heels of a scathing House report on the withdrawal […]
Gold market analysis for September 10 – key intra-day price entry levels for active traders – Kitco NEWS
Jim Wyckoff I have over 25 years of experience covering the stock, financial and commodity markets. I was a financial journalist for FWN Newswire Services for many years and have also worked as a reporter on the active commodity futures trading floors in Chicago and New York. As a journalist, I have covered every futures […]