Tag: Economics

Gold has faced a slight setback in its pricing today. Triggered by the recent heating up of U.S. retail sales data, the gold market took a step back, witnessing a slight dip in prices. Kitco NEWS has tracked this price gyration closely, offering insightful market commentary and analysis. Even though gold’s fall today might have…

Gold Price Forecast: Consolidates Between Major Moving Averages – FX Empire Gold prices are on a tight leash, moving within a narrow band between major moving averages. Uncertainties in global economic panorama exert pressure on the precious metal, compelling it to hold its ground for now. Trajectory of gold’s direction is somewhat vague, with market…

As we approach mid-November 2024, it’s time to evaluate the movements in the gold market. The gold price has seen some fluctuation over the past month, with a robust upwards trend observed. Analysts have been keenly watching the global economic happenings, particularly the monetary policies of the world powers. These macroeconomic factors, among several others,…