Gold price ends the second quarter with its third consecutive record-high The gold market may be stuck below $2,350 for now, but that hasn't stopped prices from achieving new records. Friday's close marks the end of the second quarter, and the precious metal has notched a new all-time record quarterly closing price for the third […]

Wall Street will sit on the sidelines next week, Main Street divided on gold’s price prospects Slow and steady continued to be the name of the game in the gold market this week, as the yellow metal once again traded in a narrow channel between $2,300 and $2,340 per ounce. After opening the week at […]

Gold market is building a staircase to $2,400 and beyond – Joy Yang of MarketVector Indexes   Although the gold market has managed to hold its ground above $2,300 an ounce, it remains trapped below $2,350 an ounce. Although the market is looking a little directionless, one market strategist says it is well-valued with limited […]

Cryptos and gold see losses in volatile day of trading as investors await Friday’s PCE data It was a volatile day of trading across financial markets on Wednesday as asset prices trended higher during the morning session but came under pressure in the afternoon as investors focused their attention on Friday’s key Personal Consumption Expenditures […]

Gold price sidelined as silver drops sharply, unable to hold 50-day moving average Gold price sidelined as silver drops sharply, unable to hold 50-day moving average teaser image While gold prices have meandered listlessly through the day, it’s silver that has suffered, with the metal falling sharply below its 50-day moving average, a critical support […]

Gold rises on weaker dollar as investors eye multiple economic reports, including PCE Gold futures saw modest gains on Monday, primarily driven by a weakening dollar. As of 4:15 PM ET, the most active August gold contract settled at $2,345.90, up $11.20 or 0.48%. The dollar index declined by 0.35% to 105.491, contributing significantly to […]

NY Fed warns of risk to major U.S. banks, 'something amiss in the banking system,' says Soloway NY Fed warns of risk to major U.S. banks, 'something amiss in the banking system,' says Soloway teaser image here is something "amiss" in the U.S. banking sector, says Gareth Soloway, Chief Market Strategist at VerifiedInvesting.com, warning that […]

Gold Price News: Gold Rallies as Geopolitics Back in Focus Gold enjoyed a strong, but somewhat volatile session yesterday, briefly spiking to the two-week (pre-Fed) high of $2,364/toz before profit-taking set in. Still, gold has moved decisively through the 50-day simple moving average at $2,343/toz. If held, next resistance level is at the 7 June […]

Wall Street reaches perfect equilibrium of indecision on gold prices, Main Street maintains optimistic outlook The gold market saw one of its least dramatic weeks of the year this week, but as has been the case of late, it saved some drama for market participants for the end. Spot gold kicked off the week trading […]

Gold price testing resistance at $2,350 but largely ignores 5.5% drop in U.S. housing starts Gold price testing resistance at $2,350 but largely ignores 5.5% drop in U.S. housing starts teaser image The U.S. housing sector continues to struggle as the construction of new homes falls to its lowest level in nine months. The gold […]