Gold prices decline as markets await Powell at Jackson Hole
Xau/USD has decreased by 0.30% as traders look forward to Powell’s speech at Jackson Hole. The US PMI indicates stronger growth at an annual rate of 2.5%, yet unemployment has surged to its highest level since mid-2021. Federal Reserve officials have expressed concern that inflation poses a greater risk than employment issues, leading to tighter […]
Gold prices in India: Rates on August 21
Gold Prices Drop On Thursday, gold prices dipped according to FXStreet’s recent data. The current rate for gold sits at INR 9,341.17 per gram, down from INR 9,360.45 the previous day. In terms of TOLA, prices fell from INR 109,178.40 to INR 108,953.60. Unit Measure INR Gold Prices 1 gram 9,341.17 10 grams 93,411.68 TOLA […]
Price of gold as of August 20, 2025
As of 9:10 AM Eastern Time, gold is priced at $3,342 per ounce, reflecting a rise of $13 since yesterday. Over the past year, this has resulted in a profit of more than $830. Gold price per ounce % change Yesterday’s gold price $3,329 -0.39% Gold price 1 month ago $3,397 +1.65% Gold price from […]
Gold Price Outlook: XAU/USD nears important resistance near $3,330
Gold recovers some of its losses after a two-day downturn, but the overall trend is still downward. Investor caution and reduced geopolitical optimism following a sell-off on Wall Street help precious metals rebound. Xau/USD nears $3,335, sitting at the upper boundary of a descending wedge pattern. On Wednesday, gold (Xau/USD) managed to recover some losses, […]
Why UBS has increased its gold forecast once more as the precious metal stays close to record levels
UBS Raises Gold Price Forecasts for 2026 UBS strategists have revised their predictions for Spot Gold prices in 2026, anticipating a continuation of upward momentum that could lead to new record highs this year. They’ve maintained their 2025 target at $3,500 per ounce, slightly above the current spot rate of about $3,340. For next year, […]
Gold resembles Manhattan real estate more than oil, based on insights from Goldman Sachs.
Gold Prices: More Like Real Estate Than Oil According to a recent note from a Goldman Sachs analyst, gold’s pricing behavior resembles that of Manhattan real estate more than that of commodities like oil. Unlike oil and gas, which are consumed, gold is accumulated over time. This accumulation has seen a surge in demand for […]
Gold price forecast today: What to expect for gold rates on August 19, 2025 and in the near future?
Gold Price Forecast Today’s outlook for gold prices suggests that they may remain within a certain range for now, with experts anticipating limited downside potential. Praveen Singh, a senior analyst at Mirae Asset Sharekhan, shares insights on what investors should be keeping an eye on. Gold Performance During the week ending August 15, spot gold […]
Gold prices in India: Rates on August 19
Gold Prices in India Experience a Rise On Tuesday, gold prices in India saw an increase, according to data from FXStreet. The price rose to INR 9,366.07 per gram, up from INR 9,352.03 on Monday. Additionally, gold prices climbed from INR 109,070.20 per tola to INR 109,234.00. Unit Measure Gold Prices (INR) 1 gram 9,366.07 […]
Gold price update for August 18, 2025
As of 9:05 am today, gold prices stand at $3,343 per ounce. This marks a slight decrease of $1 from yesterday but is still an increase of over $839 compared to last year. Yesterday’s gold price was $3,344, reflecting a change of +0.03%. A month ago, it was $3,360, showing a rise of +0.51%. However, […]
Gold price update for Monday, August 18: Gold starts above $3,380 as investors seek hints on interest rates.
Gold Futures and Market Insights Gold futures opened at $3,382.40 per ounce on Monday, showing an increase of 1.4% from Friday’s closing price of $3,336. During August, prices have fluctuated between $3,281 and $3,477. On Friday, Federal Reserve Chair Jerome Powell is set to deliver a key speech at the Jackson Hole Economic Symposium. Investors […]