Exchange-Traded Funds, Equity Futures Lower Pre-Bell Thursday Ahead of Anticipated Jobs Reports
Gold Steady After Powell Flags Cautious Approach to Rate Cuts
Gold prices have fallen more than 10 dollars from the day's high! What will happen next? Latest gold price technical analysis from FXStreet senior analyst.
In the early European session on Thursday, spot gold continued to fall short-term, with the current price dropping to around $2644 per ounce, more than $10 below the intraday high reached earlier. FXStreet senior analyst Dhwani Mehta said that the market will closely monitor any developments in global trade and Middle East geopolitics, which could significantly affect risk sentiment and the gold price sensitive to the US dollar.
The road to gold hitting a new high is far from over! Well-known investment bank: in this situation, the price of gold may quickly soar to $3000.
According to the well-known investment bank Macquarie Group, with the Federal Reserve lowering interest rates and central banks around the world increasing gold reserves, there is potential for further increases in gold prices next year, possibly reaching record highs. Macquarie stated that if concerns about the usa's fiscal situation intensify, gold prices could soar towards 3000 dollars per ounce.
Macquarie Group predicts that gold prices will rise in 2025 and may surpass the $3,000 mark.
Macquarie recently released an optimistic forecast about gold price trends, indicating that by 2025, gold prices are expected to see significant increases and may even break historical records.
Gold prices have surged unexpectedly! Gold prices have rapidly increased by nearly 10 dollars in the short term. FXStreet analyst's latest analysis on gold trade.
On Thursday, at the end of the Asian market, spot gold suddenly rose nearly 10 dollars in a short time, and the current gold price is approaching 2655 dollars per ounce.
The gold bulls are growing stronger, and another giant has raised the 2025 expectations!
In two scenarios, gold may 'quickly' challenge the $3000 mark. But be cautious as gold may face a large-scale liquidation in the near future.
Israel has proposed a new ceasefire! Gold prices have dropped to around 2645. FXStreet's chief analyst discusses the technical outlook for gold.
On Thursday in the Asian market, spot gold continues to show a mild downward trend during the day, with the gold price currently dropping to around 2645 dollars per ounce. New news on the ceasefire in the Middle East has surfaced, which has warmed the market's risk appetite and impacted the safe-haven asset, gold.
Gold Bulls' Ranks Swell as Macquarie Raises Forecasts for 2025
"Small non-farm" triggers a major rally, and Powell sends an important signal! How to trade after the violent fluctuations in gold price?
On Wednesday (December 4th), during the New York trading session, gold prices fluctuated sharply due to the "minor non-farm" ADP data and remarks from Federal Reserve Chairman Powell. On Wednesday, gold prices ultimately closed slightly higher, around 2650 dollars per ounce.
Bonds and gold make a strong comeback! Schroders' investment analysis on how to cope with the challenges of a highly valued stock market.
Schroder Investment believes that the investment market will have the conditions to achieve good returns in 2025, but the challenges it faces should not be underestimated. In this environment, adopting a diversified investment strategy across regions and asset classes will be a key factor in enhancing portfolio resilience and addressing future market uncertainties.
IShares Silver Trust Options Spot-On: On December 4th, 258.72K Contracts Were Traded, With 5.13 Million Open Interest
On December 4th ET, $iShares Silver Trust(SLV.US)$ had active options trading, with a total trading volume of 258.72K options for the day, of which put options accounted for 23.93% of the total
Gold Price Edges Higher on Powell's Comments
Making Money From Crowd Stampede – Palantir Becomes Largest Defense Contractor In Blink Of An Eye
Gold: Sizable Liquidations Over the Coming Week Are Possible – TDS
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Wednesday Ahead of Powell Speech
Europe is about to have major events today, keep a close eye on this support for gold in the short term! Powell arrives hand in hand with the small non-farm payrolls.
On Wednesday (December 4th), international gold prices rose slightly, supported by safe-haven demand, while the market awaited usa employment data and Federal Reserve Chairman Jerome Powell's speech for clues regarding the usa rate cut path.
Be cautious as Powell's "sudden hawkish turn" triggers a new round of gold selloff! Short sellers target this well-known institutions' gold trading analysis.
On Wednesday (December 4th) in the Asian market's late trading, spot gold maintained a slight rebound, hovering around $2647 per ounce.
Be careful of Powell and ADP's unexpected reversal of the market! Gold price 2648 cautiously moving up FXEmpire's latest technical analysis of gold, silver, and the euro.
Before the speech by Federal Reserve Chairman Powell and the release of the ADP report, gold prices cautiously rose to 2648 dollars, silver rebounded from a strong support area, and the euro/dollar showed volatility near its long-term support area.
Gold trading alert: 'Non-Farm Payrolls' and Powell may trigger the market! FXStreet Chief Analyst's analysis of the technical prospects of gold.
#Gold Technical Analysis# On Wednesday (December 4th), during the Asian session, spot gold basically stabilized, with the current price around $2644 per ounce.