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?
Ready to Get Started with Gold Trading? Get Started Today!
Most Recent
Gold markets got absolutely crushed to turn things around and look quite ugly.
The US dollar index rose sharply, driven by a stronger-than-expected US CPI report, which signaled that the Federal Reserve will not be in a hurry to cut US interest rates in the coming months.
Gold has fallen a bit during the trading session here on Wednesday as the CPI numbers came out hotter than anticipated.
Top Forex Brokers
During yesterday's trading session, the gold price rose to a new historical record high of $2365 per ounce.
Gold rallied a bit during the trading session on Tuesday as it looks like we are going to continue to try to take off to the upside.
At the end of trading last week, gold futures rose to a new record high and thus gained a new bullish trading week.
This is a new record bullish trading week for the gold market. Even with the rise in the price of the US dollar, the price of gold rose towards the new historical psychological resistance of $2,300 per ounce.
Gold markets initially pulled back just a bit during the trading session on Wednesday, but then turned around to show signs of life yet again.
Ahead of key economic events, gold prices rose to as high as $2288 an ounce, setting new all-time highs, as geopolitical tensions and rising demand from funds and central banks offset a strong dollar and the possibility of higher US interest rates for longer.
Bonuses & Promotions
Gold initially tried to rally during the trading session on Tuesday but has given back some of the gains as we continue to see the market stretched.
At the start of April trading, gold futures rose to their highest levels ever.
As the second quarter of 2024 begins, gold prices have risen to a new record high, continuing the rally that has prompted the Federal Reserve to move closer to cutting interest rates and deepening geopolitical tensions.
Subscribe
Sign up to get the latest market updates and free signals directly to your inbox.
Gold markets have rallied significantly during the course of the trading session.
Gold futures hit another record high in the middle of the holiday-shortened trading week.
Gold markets rallied rather significantly in the early hours on Wednesday, but as soon as futures traders came on, they got hammered again.