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Gold prices rose today as the dollar weakened although higher US interest rates are still looming.
Gold markets rallied on Wednesday to threaten a major breakout once again.
Global fears of the consequences of a Russian military action in Ukraine increased the demand of investors to buy safe havens, gold, most notably.
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Gold markets tested the crucial $1880 level on Tuesday but pulled back rather significantly.
Gold futures are trading at their best in three months as investors monitor the border crisis between Ukraine and Russia.
Gold futures took off immediately on Monday, gapping much higher.
The price of gold moved strongly upwards, reaching the resistance level of 1865 dollars an ounce, starting from the level of 1821 dollars an ounce on Friday
Gold markets exploded to the upside on Friday as late-day rumors have hit the markets of Vladimir Putin already deciding to invade Ukraine.
Gold markets have been out of control during the trading session on Thursday, after the CPI numbers came out much hotter than anticipated in the United States.
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Gold futures settled on the rise, achieving gains for the fourth consecutive session.
Gold markets initially fell a bit on Tuesday but then turned around to show signs of strength again.
A temporary halt to the gains of the US dollar was an opportunity for the gold market to achieve gains at the beginning of trading this week.
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Sign up to get the latest market updates and free signals directly to your inbox.Gold markets clearly broke out to the upside on Monday, clearing the resistance barrier from the last several days.
Despite the important and influential events that the gold market was exposed to last week, the gold price showed a distinguished performance as it jumped to the resistance of $ 1815
Gold markets went back and forth on Friday as the jobs number in the United States surprised to the upside.