Gold Monthly Forecast: Gold’s rally is just getting started
WEBSep 10, 2024 · Gold Monthly Forecast: We believe the most anticipated US rate cut in decades will bring fresh impetus to gold prices.We have revised our gold forecast higher, and we now expect prices to average $2,700 in 2025.. Gold has been one of the best performers among major commodities this year. It has surged more than 20% year-to-date, supported by expectations of an interest rate cut from the ...
Fed to Begin Cutting Interest Rates, Signal Next Steps
WEB2 days ago · The Federal Reserve (Fed) is widely expected to lower interest rates this week after holding borrowing costs at a two-decade high for more than a year.. Forecasters largely anticipate the Federal Open Market Committee (FOMC) will reduce rates by a quarter point to a range of 5% to 5.25%, though economists at JPMorgan Chase & Co. expect a bigger, half-point move.
Gold Investors Await Fed Policy Announcements
WEB3 days ago · Gold Technical Outlook And Forecast. The Relative Strength Index (RSI) indicator on the daily chart stays below 70, suggesting that Gold has more room on the upside before turning technically overbought. The next resistance could be seen at $2,600 (round level) before $2,660 (upper limit of the ascending regression channel …
Gold Jumps to record high on Fed rate cut outlook
WEB4 days ago · Spot gold was up 0.1% at $2,579.09 an ounce by 1059 GMT after touching a record peak of $2,589.59. U.S. gold futures edged down by 0.1% to $2,606.80. The dollar index (DXY) eased by 0.4%. A weaker U.S. currency makes dollar-priced gold more attractive to buyers using other currencies. This week’s key event is …
Fed policy outcome | Gold Silver Reports
WEB2 days ago · Last Updated On September 18, 2024 1:34 PM by Ananya. Benchmark indices Sensex and Nifty were range-bound in Wednesday’s trade, much in line with Asian peers, as investors globally eye the outcome of the two-day US Federal Reserve’s policy review later today. Analysts are largely betting on a 25 basis points (bps) rate cut, …
Spot Gold | Gold Silver Reports
WEBAug 1, 2024 · Improve your technical analysis of live gold prices with the real-time gold (XAU/USD) chart, and read our latest gold news, expert analysis and gold price forecast. Check our updated for Gold Silver Reports including real time updates, forecast, technical analysis and the economic latest events from the best source of bullion market Reports.
MCX Weekly Research Report | Commodities Weekly Report 2023
WEBOct 6, 2023 · Last Updated On September 25, 2023 11:38 AMby Neal Bhai. Weekly Commodity Technical Analysis and Forecast:Top 5 CommoditiesMCX Weekly Research Report and Outlook 25 To 29 September 2023 Weekly, Monthly MCX Real Time Research Reports Released by Neal Bhai Experts Research Teams, India. READ MORE.
Analysis - Gold Silver Reports
WEBSep 4, 2023 · Last Updated On October 18, 2022 1:48 PM by Neal Bhai. Gold and silver prices inched higher but were pinned below key support levels as markets feared more interest rate hikes by the Federal Reserve. A steep fall was witnessed in both gold and silver prices as data showed U.S. inflation will likely take much longer to …
Commodities Weekly Report — Gold — Silver — Copper
WEBFeb 21, 2017 · Gold Silver Reports ~ Gold rates inched higher on Friday, drawing support from weak U.S. GDP data that raised hopes the Federal Reserve may slow any planned interest rate hikes.. Gold for February delivery on the Comex division of the New York Mercantile Exchange tacked on 80 cents, or 0.07%, …
Silver Price Analysis: In the short term, neutral biased
WEBMar 19, 2023 · The 200, 50 and 100-day Exponential Moving Averages (EMAs) confluence around the $21.79-86 area capped the white metal climb. Therefore, the Silver closed Tuesday’s session at around $21.68, below the 200-day EMA. That said, the Silver is neutral to upward bias, though a daily close above the 200-day EMA must shift the bias neutral upwards.