Gold prices will have a better year in  2019 , according to INTL FCStone, which projects much higher price levels once the  $1,300  level is breached.   “Gold [will] do better this year than it did in  2018.  During  2019 , we see gold trading roughly between  $1,200-$1,400 ,” INTL FCStone’s Edward Meir said in the Monthly Market Overview report published on Tuesday. “Especially if prices manage to bust through psychologically important  $1,300  resistance and make a stab at testing...

  ·         Gold held steady on Wednesday, supported by uncertainty around Brexit, after lawmakers voted down British Prime Minister Theresa May's deal to leave the European Union, and hopes for a rate hike pause by the U.S. Federal Reserve. Spot gold was steady at $1,289.70 per ounce at 0442 GMT. U.S. gold futures were up 0.1 percent at $1,289.40 per ounce. ·         "The safe haven appeal is quite strong as there are rising possibilities of a disorderly Brexit," said Benjamin Lu...

·           Gold prices rose on Monday as global stocks fell on data showing China exports unexpectedly fell, pointing to further weakening in the world’s second-largest economy and prompting investors to seek safety in the precious metal. ·           Spot gold rose 0.3 percent to $1,291.39 per ounce at 1:48 p.m. ET while U.S. gold futures settled $1.80 higher at $1,291.30 per ounce. ·           “The fact that U.S. stocks have opened lower and weak macro numbers from China on the...

Wall Street and Main Street remain bullish on the near-term outlook for gold prices, according to the Kitco News gold survey. Analysts cited the recent dovishly construed commentary from Federal Reserve policymakers, as well as political concerns such as the partial U.S. government shutdown. Fifteen market professionals took part in the Wall Street survey. There were 11 votes, or 73%, calling for gold prices to rise. There were two votes each, or 13%, for both lower and sideways gold prices. Meanwhile...

  ·         Gold prices held steady on Tuesday, supported by market expectations of fewer interest rate hikes in the year by the U.S. Federal Reserve, while a bounce in Chinese equities stoked interest in riskier assets. Spot gold edged about  0.1  percent lower to  $1,290.80  per ounce at  0401  GMT, while U.S. gold futures were unchanged at  $1,291.4  an ounce. ·         “We will see market resistance until we see some catalyst that will give some boost to safe haven assets,”...

·           Gold edged higher on Friday and was on track for its fourth successive weekly gain, as U.S. stocks slipped and expectations rose that the U.S. Federal Reserve might halt its monetary policy tightening cycle. ·           Spot gold was up 0.1 percent at $1,287.76 an ounce by 2:50 p.m. ET. U.S. gold futures settled $2.10 higher at $1,289.50 per ounce. ·           “With equities down slightly heading into the weekend, there is some flight to safety in gold,” said Bob Haberkorn...

Gold formed an inside bar as it continued to consolidate gaining nearly  $3  for the week where it swung  $17  from highs to lows finally closing well above the support. The movement was data driven due to the volatility in dollar index caused mainly by American fundamentals. Even in such a week bullishness was the winning trend as the long term trendline was respected which is acting as a massive support. The week has this year’s first major fundamental event – “Brexit deal vote”...

  · Gold prices rose on Monday as the dollar fell on expectations that the U.S. Federal Reserve will not raise rates this year and as Asian stocks tumbled after lacklustre China data pointed to a slowdown in the world’s second-largest economy. · Gold tends to gain on expectations of lower interest rates, as they reduce the opportunity cost of holding a non-yielding bullion and trims the demand for U.S. dollar, making the yellow metal less expensive for holders in other currencies. Spot...

·           Gold eased on Thursday, holding below the key $1,300 an ounce level, as the dollar bounced back from lows, with the precious metal paring back gains seen after dovish U.S. Federal Reserve minutes in the previous session. ·           Spot gold fell 0.35 percent to $1,288.57 per ounce as of 1:56 p.m. ET, having reached $1,297.08 earlier in the session. ·           U.S. gold futures settled $4.60 lower at $1,287.40 per ounce. ·           “Gold has seen some consolidation beneath...

  ·         Gold prices climbed on Friday as the dollar fell back on expectations the U.S. central bank may pause interest rates hikes if the U.S. economy slows this year, while investors awaited news on progress in the Sino-U.S. trade talks.   Spot gold rose  0.4  percent to  $1,290.84  per ounce as at  0310  GMT, heading for a fourth straight weekly gain. The yellow metal is up  0.4  percent so far this week. U.S. gold futures were up  0.3  percent at  $1,290.8  per ounce. ·         “The...

·           Palladium scaled a fresh all-time high on Wednesday after a Chinese official said the government was contemplating policies to increase domestic buying of automobiles, while gold was propped up by a falling dollar. Palladium went up 0.49 percent to $1,322,50 an ounce at 1:55 p.m. ET, having touched a record high of $1,342.43 earlier in the session. ·           "We are getting an idea that there is a potential trade deal between China and the United States and some internal...

  ·         Gold prices rose on Thursday as growing expectations that the U.S. Federal Reserve will pause its rate tightening cycle this year and an impasse between U.S. President Donald Trump and Democrats on funding for a border wall weighed on the dollar. Spot gold was up  0.2  percent at  $1,295.85  per ounce as of  0436  GMT, hovering near Friday’s peak of  $1,298.42  — a level last seen in mid-June. U.S. gold futures gained  0.4  percent to  $1,297.2  per ounce. Minutes from...

Latest: 7th  January 2019 Reference: WGC ข้อมูลล่าสุด วันที่ 7 มกราคม 2562  โดย สภาทองคำโลก ที่มา: World Gold Council

·           Gold fell on Tuesday as global stocks rose on improved prospects for a U.S.-China trade deal and the dollar regained some ground, while palladium notched a fresh all-time high on tight supply. ·           Spot gold slipped 0.3 percent to $1,284.75 per ounce as of 1:48 p.m. ET. U.S. gold futures settled down $4 at $1,285.90 per ounce. ·           “People are waiting to see what happens with the tariff talks between U.S. and China,” said Phil Streible, senior commodities...

  ·           Gold prices edged lower on Wednesday as a likely end to a long-drawn Sino-U.S. trade war boosted risk sentiment, outweighing expectations of a pause in interest rate increases by the Federal Reserve. Spot gold slipped  0.2  percent to  $1,282.61  per ounce by  0600  GMT, and U.S. gold futures settled down  0.1  percent at  $1,284  per ounce. ·           “In the short term, there is some optimism that there will be a trade truce, which will take away a shadow from market...

·         Gold rose on Monday, just below a more than six-month peak hit in the last session, as the dollar slid on reduced chances of further rate hikes by the U.S. Federal Reserve, and as the United States and China resumed trade talks. Spot gold was up  0.3  percent at  $1,288.14  per ounce as of  1:41  p.m EST ( 1841  GMT), having reached  $1,298.42  an ounce on Friday, its highest since June  15. U.S. gold futures settled up  0.3  percent at  $1,289.9  per ounce. ·         “The...

  • Gold prices fell on Tuesday as risk appetite improved on bets China and the United States may be closing on a trade deal, and as the dollar bounced off a 2-1/2-month low hit in the previous session. Spot gold was down 0.5 percent at $1,282.70, as of 0516 GMT, while U.S. gold futures were 0.5 percent lower at $1,283.50 per ounce.  • "Because of improved investor sentiment, gold is coming off its highs and may have to stay around the current levels," said Mark To, head of research...

·         Gold prices fell on Friday, pulling back from a more than six-month peak hit earlier in the session, after stronger-than-expected U.S. jobs data, while palladium prices punched through the key  $1,300  level for the first time. Spot gold slipped  0.78  percent to  $1,283.56  per ounce as of  2:00  p.m. ET, after dropping as much as  1.3  percent to  $1,276.40. The metal was however on track for a third straight weekly gain, up about  0.2  percent so far, mainly helped by recent strong...

Wall Street and Main Street both look for gold prices to rise next week despite a strong U.S. jobs report, according to the Kitco News gold survey. Theoretically, the labor data increases the odds of further monetary tightening, which hurts gold. However, some Wall Street participants look for the metal’s previous upward momentum to continue, suggesting the jobs report was a single piece of data that may not be enough to move Federal Reserve policymakers away from their recently construed stance...

  • Gold rose on Monday, helped by a weaker dollar on expectations that the U.S. Federal Reserve might apply brakes on its monetary tightening cycle in2019, although an improved risk appetite limited gains for the safe haven metal. Spot gold was up 0.3 percent at $1,288.60 per ounce, as of 0306 GMT and U.S. gold futures gained about 0.4 percent to $1,290.70 per ounce. • "The dollar is weak, aiding gold. Also, Jerome Powell's views on Friday about the future of interest rate hikes is a bullish...