Tag Archives: Gold
Gold Prices Dip as U.S. Economy Shows Unexpected Resilience
Gold prices continued their downward trend on Thursday, trading at $2,370 per ounce and marking a two-week low. The decline came in response to economic data released by the Bureau of Economic Analysis (BEA), indicating the U.S. economy’s resilience despite the current restrictive monetary policy. U.S. Gross Domestic Product (GDP) showed impressive growth, expanding at […]
Focus on GOLD today – 18th July, 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GOLD for July 18, 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Focus on GOLD today – 11th July 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GOLD for July 11 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-Hour Chart Insights Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Precious Metals Wavers as Investors Seek Clarity on Future Trends
Platinum prices retreated towards $1,000 per troy ounce after hitting a one-month peak of $1,030 on July 5th. The decline aligns with a broader pullback in precious metals markets, as investors weigh industrial demand against potential Federal Reserve policy shifts. Downward pressure on platinum prices stems from several factors. China, the world’s largest platinum consumer, […]
Gold bulls return, watchful over US PCE data.
Market demand for gold remains high as it recoups some last week’s losses ahead of US key inflation data. Among industrial metals, copper price receives the same fate, inching upwards following a slip from record high last week. Traders will be on the lookout for US PCE Price Index data, the Federal Reserve’s preferred inflation […]
Focus on XAUUSD today – 23rd May 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAUUSD for 23rd May 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Precious Metals Soar, Gold Hits New Highs with Silver in Tow
Silver has been on a remarkable run, fueled by robust investment and industrial demand. The precious metal climbed past $30 per ounce, its highest level since January 2013, and is up more than 25% year-to-date. While exchange-traded funds (ETFs) have shown little interest in silver, physical sales have increased since the metal appeared to be […]
Focus on XAUUSD today – 15th May 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAUUSD for 15th May 2024. Key Takeaways Technical Analysis Daily Chart Insights 4-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Focus on XAUUSD today – 2nd May 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAUUSD for 2nd MAY 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Focus on XAUUSD today – 23rd April 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAUUSD for 23rd April 2024. Key Takeaways Technical Analysis Daily Chart Insights 4-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]