Gold halts record rally, drops 1% as US jobs report looms
Gold prices slid 1% on Thursday as the U.S. dollar firmed ahead of a key jobs report and investors took profits, after bullion recorded consecutive record peaks in the previous five sessions on the back of escalating trade tensions between the U.
Gold pulls back from historic highs as traders take some profits off the table after the strong rally. In case gold settles ...
Gold prices jumped 1% on Wednesday, continuing their record rally, driven by safe-haven demand amid the escalating U.S.-China ...
China's futures traders drove a remarkable $400 surge in gold prices this past spring, and now they are positioned to propel ...
Gold surged to a record $2,882 before resistance emerged, with overbought conditions signaling a potential pullback. Key support lies at $2,790 and $2,772.
Gold holds a significant place in Indian culture, often being accumulated over generations. During times of financial needs ...
Gold price is holding the record-setting rally early Wednesday, hanging close to the levels seen ever near $2,850. Traders ...
Gold prices surged by ₹400, reaching a new all-time high of ₹85,300 per 10 grams in the national capital on Monday, driven by ...
The Shanghai Futures Exchange gold futures were the primary vehicle behind the spring 2024 gold frenzy, a surge that subsequently spilled over into international gold prices. Click to read.
Overall, the bottom line is that gold’s record rally has hit a hurdle at $2,870, but the bulls remain in control unless $2,840 gives way.
Gold may extend its rally further with Rs 85,000 as the next major target; however, it is looking expensive, so caution is ...
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