Gold news

The gold price has weakened more than 2% this Thursday and reached the lowest level in a month after the U.S. dollar climbed following a better than expected rise in U.S. retail sales for August. The United States reported a 0.7% rise in retail sales, raising investors’ expectations that the…

The gold price has weakened 0.54% on a weekly basis but managed to close above the $1800 level. This precious metal’s price still remains under pressure, but concerns that the fast-spreading Delta variant could hit the economy may help Gold to advance again above $1850 resistance. Fundamental analysis: Gold should…

Gold price has weakened from $1916 to $1761 since the beginning of June 2021, and the current price stands around $1780. Gold remains under pressure amid concerns that the U.S. central bank might raise interest rates sooner than previously expected. Fundamental analysis: The appreciation of the U.S. dollar negatively influences…