Wall Street and Main Street both look for gold to rise next week, according to the Kitco News gold survey.   Traders and analysts cited a number of political and geopolitical uncertainties, as well as an expectation the U.S. Federal Open Market Committee will now be more cautious about raising interest rates. Policymakers are scheduled to meet next week.   “I believe next week is a make-or-break week for gold,” said Richard Baker, editor of the Eureka Miner Report. “After two early attempts...

  ·         Gold prices held steady on Monday, near a seven-month peak scaled in previous session, on hopes the U.S. Federal Reserve will keep interest rates unchanged during its two-day policy meeting later in the week. Spot gold was firm at  $1,302.58  per ounce by  0308  GMT, while U.S. gold futures climbed  0.3  percent to  $1,301.90  per ounce. ·         The Federal Open Market Committee meets between Jan.  29  and Jan.  30 , and Chairman Jerome Powell is widely expected to acknowledge...

·         Gold fell on Thursday, weighed down by a stronger dollar and an uptick in equities. ·         Spot gold fell 0.13 percent to $1,280.30 an ounce at 1:51 p.m. ET. U.S. gold futures settled $4.20 lower at $1,279.80. ·         “I think the market doesn’t believe, at least yet, that there’s a case for gold to go above $1,300 ... The dollar is still relatively strong,” said Philip Newman, director at Metals Focus. ·         Gold still faces short-term headwinds, Newman...

  ·         Gold prices edged higher on Friday amid concerns that a prolonged U.S. government shutdown could exacerbate an already slowing global growth, while markets awaited U.S.-China trade talks scheduled for next week. Spot gold rose  0.2  percent at  $1,282.50  per ounce, as of  0343  GMT, while U.S. gold futures were steady at  $1,281.40  per ounce. Investors are worried about the economic impact of the longest U.S. government shutdown in history, now in its  34 th day, with two bills...

·           Gold prices steadied on Wednesday, clawing back from losses made earlier in the session, as a recovery in stock markets fizzled out on concerns over geopolitical and economic uncertainty, triggering investors to seek safety in the metal. ·           Spot gold fell 0.12 percent to $1,283.11 an ounce by 3:05 p.m. ET, having fallen to $1,278 an ounce earlier in the session. ·           U.S. gold futures settled $0.60 higher at $1,284. ·           “Gold’s strength is due...

Next week the Federal Reserve will hold its first monetary policy meeting of the year and gold could benefit no matter what action the central bank takes, according to one gold market analyst. In a recent commentary, Joe Foster, portfolio manager and strategist for VanEck’s gold and precious metals strategy, said that he sees two scenarios playing out next week. The first  is where the U.S. central bank maintains its hawkish stance, which could potentially drive the U.S. economy into a recession...

  · Gold prices rose on Thursday as the dollar declined due to concerns the prolonged U.S. government shutdown will limit economic growth at the same time when global growth is slowing as well. Spot gold was up 0.1 percent at $1,283.31 per ounce, as of 0326 GMT, while U.S. gold futures were down 0.1 percent at $1,282.60 per ounce. · "We are seeing a weaker U.S. dollar for the moment, which is in general supportive for gold," Michael McCarthy, chief market strategist at CMC Markets...

·           Gold held firm on Tuesday, propped by interest from investors seeking refuge from concerns over slowing global growth, while gains for the metal were limited as the dollar held near a multi-week peak. ·           Spot gold was up 0.42 percent at $1,284.94 an ounce at 1:50 p.m. ET, recovering from a dip on Monday to its lowest since Dec. 28 at $1,276.31. ·           U.S. gold futures settled $0.80 higher at $1,283.40. ·           “There is a little bit of flight to safety...

  ·         Gold prices held steady on Wednesday, after rising the most since Jan.  9  the day before, on demand for safe-haven assets amid concerns over the slowing global economy along with uncertainty about the trade dispute between the United States and China. Spot gold was little changed at  $1,284.74  per ounce by  0345  GMT, while U.S. gold futures were up  0.1  percent at  $1,284.20  per ounce. Spot gold rose  0.4  percent on Tuesday as global stock markets fell. Asian stocks dipped...

·           Gold slipped to its lowest in almost a month on Monday as a firm dollar and greater risk appetite outweighed support from an expected pause to increases in U.S. interest rates. Spot gold was 0.1 percent down at $1,279.99 an ounce, having touched its lowest since Dec. 28 at $1,276.31. U.S. gold futures settled down $9.70 at $1,282.60 per ounce. ·           “Some calm has been restored in the equities market ... We are seeing a bit of withdrawal of interest from the gold market...

  ·         Gold prices edged lower on Tuesday, hovering near a three-week low touched in the previous session, as a firmer dollar made bullion more expensive for buyers using other currencies, even as concerns about a global slowdown mounted. Spot gold fell  0.1  percent at  $1,278.77  per ounce by  0546  GMT, after touching its lowest since Dec.  28  at  $1,276.31  on Monday. U.S. gold futures fell  0.3 percent to  $1,278.70  per ounce. The dollar hovered near  2- week highs against its...

·           Gold slipped to the lowest in more than a week on Friday as hopes of a thaw in the U.S.-China trade dispute perked up stock markets, while palladium held above $1,400 on a supply crunch. ·           Spot gold was down 0.68 percent to $1,282.57 per ounce. U.S. gold futures settled down $9.70 at $1,82.60 per ounce. ·           “Rising risk appetite among market participants is reflected in the rising stock markets,” said Commerzbank analyst Daniel Briesemann, adding “today...

Gold continued to consolidate by yet again forming an inside bar , saw its first weekly decline of  2019  as it closed with cuts of nearly  $6.  A mix of global fundamental news helped gold sway  $15  from highs to lows as riskier assets saw a surge in demand on the last day of the trading week. The momentum is tapering off for the bulls but the trend hasn’t changed as gold continues to remain in the breakout zone.   On the chart –    Gold saw its first weekly decline of  2019  as the...

Wall Street analysts are caught in a three-way tie regarding where gold is going next week, but Main Street remains bullish in the short term, according to the Kitco News gold survey. Eighteen market professionals took part in the Wall Street survey. There were six votes each, or  33% , for all three categories – higher, lower and sideways/neutral. Meanwhile,  440  respondents took part in an online Main Street poll. A total of  255  voters, or  58% , called for gold to rise. Another  94 ,...

  ·         ราคาทองคำค่อนข้างทรงตัวในวันนี้  เนื่องจากกระแสคาดการณ์ว่ าเฟดจะชะลอการขึ้นอัตราดอกเบี้ ยในปีนี้ ถูกกดดันโดยการฟื้นตัวของปริ มาณความต้องการสินทรัพย์เสี่ยง โดยราคาทองคำปรับสูงขึ้นเล็กน้ อยประมาณ 0.1% ที่บริเวณ 1,282.80 เหรียญ ขณะที่ราคาสัญญาทองคำ  COMEX  ทรงตัวบริเวณ 1,282.10 เหรียญ  ·         นักวิเคราะห์จาก  Phillip Futures  ระบุว่า แนวโน้มการชะลอการปรับขึ้นอั ตราดอกเบี้ยของเฟด เป็นปัจจัยที่ยังคงกดดันค่าเงิ นดอลลาร์ ราคาทองคำจึงได้ผลประโยชน์ จากแนวโน้มดังกล่าว แต่ในขณะเดียวกัน...

·         Palladium surpassed the  $1,400  mark for the first time on Thursday, as demand for the auto-catalyst metal overtook its availability in the market, while gold edged lower as the dollar gained on better-than-expected U.S. jobs data. Spot palladium gained  2.28  percent to  $1,390  per ounce as of  2:13  p.m. ET, having earlier hit an all-time high of  $1,434.50 , and rising more than  10  percent so far this month. Adding to palladium's appeal were policy initiatives to help support...

  ·           Palladium held above  $1,400  an ounce on Friday after surging to record levels in the previous session on tight supplies and robust demand, while gold stood firm amid uncertainty around the partial U.S. government shutdown. Spot palladium had risen  1  percent to  $1,410.50  per ounce by  0337  GMT, having hit an all-time high of  $1,434.50  on Thursday. The metal is on track to climb for a fourth week in its strongest weekly gain since the week ending Sept.  21.  It has risen...

·           Palladium rose to a record high on Wednesday on increasing demand and lower supply of the metal used in autocatalysts, while gold gained on expectations of a pause in the U.S. Federal Reserve’s rate hiking cycle. ·           Palladium jumped to an all-time high of  $1,358  an ounce, and was last up  2.73  percent at  $1,354. ·           George Gero, managing director at RBC Wealth Management, noted high demand from “the automobile industry using more and more of palladium”...

  ·         Palladium rose to a record high on Thursday on lower supply and increasing demand for the metal used in auto catalysts, while a firmer dollar offset expectations of a pause in the U.S. Federal Reserve’s rate-hiking cycle, keeping gold steady.   The price of palladium, used mainly in emissions-reducing catalysts for vehicles, is up over  60  percent since marking a trough in mid-August. Prices for the metal overtook gold for the first time in  16  years early in December ...

·           Gold eased on Tuesday as the dollar rose and stock markets climbed, but further losses were capped by concerns over slowing economic growth and prospects of a pause in U.S. interest rate hikes. ·           Spot gold fell 0.25 percent to $1,288.45 per ounce by 2:10 p.m. EST. U.S. gold futures settled $2.90 lower to $1,288.40. ·           "With the equity markets coming up once again, we are seeing a lesser need for safe haven assets such as gold and yen," said David Meger...