DailyForex analysts monitor the gold market regularly to bring you gold price predictions and gold market forecasts that can help you find the best positions in the gold market.
Our gold forecast signals are good for both forex gold spot market traders and as well as for the long term gold investors in commodities market.
Watch as gold prices fluctuate based on technical analysis, global political developments and comprehensive market research in the gold market forecasts below. Learn how to purchase gold at the higher price in uptrend market and avoid losing money due to the wrong entry point. Our gold forecase provides you with the right signals at the right time. Ready to Get Started with Gold Trading?
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Gold markets were crushed during the trading session on Monday following the news that Pfizer is close to having a coronavirus vaccine with over 90% efficacy.
During last week’s trading, the price of gold recorded its best weekly performance since last July.
Gold markets fluctuated during the trading session on Friday, as the world awaited the US jobs numbers.
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Gold markets have rallied quite significantly during the trading session on Thursday, as the US dollar has gotten hammered.
Instability and cautious anticipation is what characterizes the gold performance in recent trading sessions, as the yellow metal awaits the final results of the US presidential elections.
Gold markets have fluctuated during the trading session on Tuesday, as the $1900 level continues to be a magnet for price.
The decline of the US dollar allowed the gold price to correct upwards, reaching $1916 an ounce in early trading Wednesday.
Gold markets initially fell during the trading session on Tuesday, but they got a boost as the US dollar started listing.
Despite the continued USD strength, the price of gold found an opportunity (although limited) to rebound higher.
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Gold markets have rallied during the trading session on Monday, reaching towards the top of the candlestick from the previous session.
After the recent drop in gold prices, investors are anticipating an upward rebound and awaiting the best opportunity to buy.
Gold markets rallied a bit during the trading session on Friday, breaking above the top of the candlestick for the Thursday session.
Gold markets have gone back and forth during the trading session on Thursday, with a slightly negative twist.
During yesterday's trading session, gold prices fell sharply in light of the strong interest of investors to buy the US dollar after talks failed to approve more plans to stimulate the US economy.
Gold markets have broken down a bit during the trading session on Wednesday, breaking down below the $1900 level quite handily as the US dollar strengthened.