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 prices ended Wednesday’s session nearly unchanged after shuffling between gains and losses.
Gold prices rose $4.17 an ounce on Tuesday, supported by a weaker U.S. dollar.
Gold prices settled at $1293.25 an ounce on Friday, falling 0.42% on the week and 1.27% over the month.
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Gold prices fell $3.54 on Thursday as the dollar strengthened on the back of upbeat U.S. economic data.
Gold prices rose $2.17 an ounce on Wednesday, supported by a declining dollar.
Gold prices ended the day with slight gains, but remained locked within a sideways trading range.
Gold prices declined for a second session on Monday as easing geopolitical tensions lessened the appeal of the yellow metal.
Gold prices settled at $1300.62 an ounce on Friday, rising nearly 0.82% over the course of the week, as souring relations between the United States and North Korea
Gold prices rose for a second straight session on Thursday as the dollar extended losses and equities edged lower on news that U.S. President Donald Trump canceled a planned June meeting with North Korean leader Kim Jong Un.
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Gold prices rose $2.28 an ounce on Wednesday after minutes from the Federal Open Market Committee’s May meeting suggested the central bank would not increase the pace of its interest rate hikes.
Gold prices ended Tuesday slightly lower after a quiet session. XAU/USD found support at around $1277.40 and reached the $1297-$1296 area as expected but it was unable to break through.
Gold prices ended Monday’s session up $2.12 an ounce but remained within a relatively narrow trading range.
Gold ended the week down $25.87 at $1292.46 an ounce, weighed down by a rally in the U.S. dollar index amid surging U.S. Treasury yields.
Gold prices rose $0.59 an ounce on Wednesday, posting the first gain in four sessions, on short-covering as the U.S. dollar clawed back some of its recent losses.
Gold prices ended Tuesday’s session down $22.63 an ounce, extending losses to a third straight session, as rising bond yields and a strong U.S. dollar abated investor appetite for the precious metal.