Why the rise of gold might just be beginning
Gold’s Recent Surge and Historical Context Gold prices have surged nearly 30% this year, prompting investors to seek refuge in the metal as stocks and bonds have taken a hit, which has put downward pressure on the dollar. To understand this, let’s rewind a bit. The concept of the gold standard—a system where currencies could […]
Gold Price Outlook: XAU/USD approaches $3,340 support amid increasing selling pressure
Gold continues its downward trend as positive market sentiment diminishes the interest in safe-haven assets. Expectations for diplomatic resolutions in the Middle East conflict are fostering a cautious appetite for risk on Friday. XAU/USD faces increasing bearish pressure after breaking out of the wedge pattern. Gold (XAU/USD) is trading lower on Friday, responding to easing […]
Gold price forecast for today: What to expect for the gold rate on June 20, 2025; reasons for a ‘sell on rise’ approach.
Gold Price Forecast Gold prices have been on a downward trend recently. As traders assess where the gold rates might be headed and how to navigate the market, here’s some insight from Jateen Trivedi, a VP Research Analyst at LKP Securities. During the trading session on June 20, gold opened significantly lower, reflecting a broader […]
Gold Continues Decline for Third Day, Falls Below $3,350 in Calm Trading. What’s Ahead?
Gold Price Update Key Points: Gold prices have experienced a decline for three consecutive days. The bullion remains above significant benchmarks. Next week’s events warrant attention. The Technical Brothers seem to enjoy the current situation. There hasn’t been any significant news to shift focus back to the usual economic patterns or candlestick analysis. 📉 Gold […]
USMNT defeats Saudi Arabia to advance to the CONCACAF Gold Cup quarterfinals
Austin Triumphs: US Beats Saudi Arabia in Gold Cup In Austin, Texas, defender Chris Richards made a critical play, scoring from a clever flick during a second-half free kick, leading the US to a 1-0 victory over Saudi Arabia on Thursday night. This win propelled the Americans into the quarterfinals of the Concacaf Gold Cup. […]
Gold price update as of June 19, 2025
As of 1:15 PM Eastern Time today, gold is trading at $3,373 per ounce. That’s a dip of $14 since yesterday, yet it marks an increase of $1,013 from this time last year. Gold can be a wise choice if you’re after a stable investment that keeps pace with inflation. Typically, gold tends to appreciate […]
Precious Metals Surge as Gold Approaches New Peaks – Crude Oil Costs Today
Global precious metals have seen a notable rise since mid-May, with gold, silver, platinum, and palladium all appreciating in value. This uptick is largely attributed to safe-haven investment flows and strong industrial demand. Rising geopolitical tensions, especially recent conflicts in the Middle East involving Israel and Iran, have heightened risk aversion, further propelling the demand […]
Gold Price Outlook: XAU/USD fluctuates cautiously under $3,400, maintains important 20-day EMA
Gold prices are likely to remain below $3,400 as investors assess the likelihood of a U.S. attack on Iran. The Federal Reserve maintained current interest rates on Wednesday while adjusting its targets for the next two years upward. The 20-day EMA is providing solid support for gold prices. On Thursday, during European trading hours, gold […]
Gold investors appear hesitant due to strong U.S. dollar influenced by the Federal Reserve.
Gold prices are expected to rise during Asian sessions, but sustained buying may not follow. Uncertainties in trade and increasing geopolitical tensions support the demand for safe-haven assets like gold. The Federal Reserve’s hawkish stance has pushed the USD to a weekly high, limiting gold’s gains against the dollar. Gold prices (XAU/USD) saw some interest […]
Are Criminals Actually Moving from Crypto to Gold for Money Laundering?
Simply put British gangs are using gold coins, bars, and grains to conceal the money made from drug trafficking. Experts have raised concerns about gold’s appeal during a shift to cashless transactions, noting that data on its criminal use is largely anecdotal. Unlike cryptocurrencies, which are traceable, gold’s lack of transparency makes it harder to […]