Bullish momentum in the gold market is building as prices hold near a critical resistance point, even following better than expected U.S. consumer confidence.
Gold prices holding gains as U.S. new home construction rises 1.4% in December
The gold market is holding in positive territory and seeing little reaction to stronger than expected U.S. housing construction data.
Gold prices push higher following 1.9% drop in U.S. retail sales
Gold prices have pushed higher as consumers shopped less than expected in December.
Gold prices holding above $1,800
Gold prices are holding gains above $1,800 but is struggling to gain some bullish traction as consumer price pressures rise more than expected in December.
Gold, silver up as crude oil spikes up
Gold and silver futures prices are solidly higher in midday U.S. action Tuesday, boosted by positive daily outside markets that include sharply higher crude oil prices, a lower U.S. dollar index and a slight drop in U.S.
Nickel price hits highest in a month with inventories close to record lows
The nickel price rose on Monday to their highest level in more than one month, with inventories hovering close to record lows.
Gold price edges up but remains under pressure
The initial weekly jobless claims rose by 7,000 to 207,000 in the week to Saturday, slightly disappointing market expectations.
Gold price rises after Monday's selloff
Gold prices continued to advance after Monday's selloff as the headline manufacturing index from the Institute for Supply Management disappointed in December.
Price pressure on gold on profit taking from futures traders
February gold futures projected to have the overall near-term technical advantage.
Gold edges back to start trade in final week of 2021
Gold futures were retreating from a five-week high but were holding above the psychologically significant price at $1,800 in the final week of trading in 2021.
Gold sees moderate price gains; bulls have advantage
Gold prices are modestly up in early U.S. trading, as the near-term technical posture for the yellow metal is bullish.
Gold, silver gain amid friendly outside markets
Gold and silver prices are moderately higher in midday U.S. trading Wednesday.
Gold price holds steady as investors assess omicron risk
Gold prices held steady, hovering close to a three-week peak, as the spread of the omicron coronavirus variant continues to smother investors’ appetite for riskier assets, lifting bullion’s safe-haven appeal.
Price rebounds for gold, silver; risk aversion recedes
A rebound in the crude oil market today and a weaker U.S. dollar index are friendly outside market forces supporting the metals.
Gold price rallies amid keener risk aversion
Gold prices are posting solid gains and hit a three-week high in early U.S. trading.