Gold And Silver May Plunge In The Short Term, Trader Warns
The precious metals might be in for more losses. That is what the charts are telling the chief market strategist at Miller Tabak, Matt Maley. He was speaking on August ...
Tag: gold market
Will Gold (XAU/USD) Go Up Or Down?
On August 12, 2020, the price of gold is hovering at around $1,900. Earlier in the day, it made a low of $1,863. Just last week on 7th August, gold ...
Gold Records Its Biggest Plunge In 7 Years, Investors Rush Back To Treasuries and Stocks
On August 11, 2020, spot gold recorded its biggest single-day loss since 2013 as the investors divert their cash to the risk assets. XAU/USD crashed and lost as much as ...
Gold (XAU/USD) Price Remains Above $2,000 As Global Geopolitical Uncertainty Grows
Since the start of 2020, gold has been on an upward trajectory. However, on August 9, the gold investors experienced the largest daily drop of the precious metal in two ...
Gold Is Tricky To Invest In Currently Based On Facts
Gold is seen to slump when its inflation-adjusted price is as high as it is currently. On August 7, 2020 gold was almost as overvalued as it has ever been ...
Old Is Gold, Young Is Bitcoin
Gold has been around for many years. It has stood the test of time as a reliable haven against economic and geopolitical turmoil. The old go for it since it ...
Gold Surpassed $2,000, What Next?
On August 5, 2020, gold topped $2,000 (£1,527) an ounce for the first time and climbed to reach $2,041. Traders are searching for a haven amid the current pandemic and ...
Gold (XAUUSD) Rises But $2,000 Not Reached As Dollar Strengthens
Gold futures were trading at near break-even levels to slightly higher on August 4 as the US dollar regained some strength. The stronger dollar capped the precious metal’s gains for ...
Goldman Sachs Predicts Gold To Reach $2,300, Bitcoin May Follow The Uptrend
Goldman Sachs, the major investment bank, on its part, is convinced that the gold price will gain 20% to surpass $2,300 by the end of 2022. On July 31, gold ...
Gold (XAU/USD) Price Must Reach $3,000 To Claim The Record
It is quite optimistic for anyone to predict that gold will surge to $3,000. However, there are key reasons to take the price of gold seriously. The most important reason ...
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