Gold market analysis

Gold took back in the first week of nearly two months, profit taking drove the price of gold down step by step

2025-03-03
After 8 weeks of continuous rise in gold, technically, it is severely overbought. Last week, it borrowed strong US dollars and was heavily sold off by profit taking liquidation orders. At the beginnin
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The gold price continued to be strong, rising for 8 weeks.

2025-02-24
Gold shows the longest upward trend in recent years, and the fundamentals support the mid-term upward wave. Since the Russian-Ukrainian war, gold has become an important resource for central banks in
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Gold fluctuated at a high level and rose for the seventh week.

2025-02-17
After the gold price continued to rise last week, it has set a record for the longest consecutive rise in recent years. Since the sharp rise at the end of last year, the gold price has risen by more t
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Trump detonated the trade war, and the price of gold hit a new high.

2025-02-10
Last week, the price of gold fell first and then rose as scheduled, reaching a high of $2,886.77, and the market highly expected the $3,000 mark. Influenced by Trump's announcement of tariffs on Canad
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The British debt crisis is brewing, and funds flow into the gold market to hedge.

2025-01-13
Last week, the focus of the market was originally on the performance of the US labor market, but the British debt was brewing a foreign exchange crisis, and the pound fell to a one-year low. The marke
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Gold has repeatedly stabilized, and the strength of the US dollar is the biggest obstacle.

2025-01-06
Last week, the price of gold fell first and then rose, and continued to be troubled by the Federal Reserve's interest rate cut of only half a percentage point in 2025. The price of gold only developed
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Holiday trading was quiet and the gold market developed steadily.

2024-12-30
Since last week was a Christmas holiday, the major markets in Europe and America were closed, and many trading days have already started to take vacations, the trading volume was relatively light, and
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The Federal Reserve sent an eagle, and the price of gold stabilized after falling sharply.

2024-12-23
Last week, the market focused on the Federal Reserve's last interest rate meeting this year. It was widely expected that the interest rate would be reduced by 0.25% after the meeting. However, the sta
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Gold oscillates, waiting for the Fed's meeting on interest rates.

2024-12-16
After a week of low prices, the price of gold rose and fell sharply last week. As soon as the market opened at the beginning of the week, the price of gold began to rise. After breaking through the to
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Gold price consolidation, waiting for inflation data guidance.

2024-12-09
Last week, the price of gold was rampant, subject to the resistance of 2650, and it failed to break through many times. The performance of the labor market was tepid, and the market's expectation of t
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Gold experienced the biggest one-day decline in the past four years, and Trump trade sentiment is still high.

2024-12-02
Last week, the price of gold fluctuated greatly. As soon as the market opened on Monday, the price of gold fell sharply, falling by more than one hundred dollars in a single day. After falling below t
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Putin's nuclear shock shocked the market, and the price of gold recovered the lost ground in the previous week.

2024-11-25
Last week, gold never looked back and rose day by day. Due to the lack of important economic data, it was seen in the early part of the week that the gold price benefited from the support of key struc
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Gold plummeted by $150, and the strength of the dollar was unstoppable.

2024-11-18
Last week, the price of gold plummeted, and the dollar soared thanks to the Trump trade- Trump transaction. The gold denominated in dollars was the first to bear the brunt. In addition, the demand for
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The super week triggered a retreat, and the price of gold hit its biggest weekly decline in the past five months.

2024-11-11
Last week was the American Super Week, and the presidential election followed by the Federal Reserve's meeting on interest rates had an impact on the long-term tone of gold. Therefore, at the beginnin
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Gold finishing at a high level to welcome American Super Week.

2024-11-04
Last week, the price of gold rose first and then fell, and it opened at the beginning of the week. Because the situation in the Middle East did not deteriorate, it fell first, but the decline was limi
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Gold prices continue to hit record highs, supported by multiple reasons.

2024-10-28
Last week, the market continued to chase the gold market, except that the global market began to loosen monetary policy, which was conducive to the development of gold prices; The tense situation in t
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Funds continue to be sought after, and gold prices have hit record highs.

2024-10-21
Last week, the price of gold broke through the 2700 mark, and closed near the high level of the whole week. Under the enthusiastic pursuit of funds, the atmosphere was high. Although the upward trend
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The price of gold stabilized above 2600, and then improved after taking a retreat.

2024-10-14
Following the pressure of earlier retreat, the price of gold was still under pressure at the beginning of last week, and the labor market was stronger than expected, which eliminated the possibility t
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Gold price fluctuated at a high level, and the strong labor market propped up the dollar.

2024-10-08
Following the trend of gold price retreat in the previous week, gold continued to be under pressure at the beginning of the week, and the price of gold failed to stabilize above 2660. At the beginning
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The Federal Reserve increased drugs and cut interest rates, and the price of gold hit a record high again.

2024-09-23
Last week, the three major central banks discussed interest rates, which was a global economic super week. The Bank of England and the Bank of Japan held their interest rates unchanged for the time be
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