Gold stalls at $1,900 again but buyers continue to keep in control for now

Gold gains remain limited going into the year-end Amid thinner market conditions, gold doesn’t much to work with as the year winds down as buyers are finding it tough to build further momentum after a solid December. For now, the $ 1,900 handle and the 100-day moving average (red line) is helping to put a […]

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Gold Settles up after Piercing $1,900 on Dollar, US Stimulus Hopes

© Reuters. By Barani Krishnan Investing.com – Gold futures briefly returned above the key $ 1,900 mark on Thursday before settling up but off those highs as the dollar — the contrarian trade to the yellow metal — broke major support. Strong commitments for more bond-buying by the Federal Reserve on Wednesday and signs that […]

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Gold up Again on U.S. Stimulus Chase, Could Hit $1,900

By Barani Krishnan Investing.com – Gold prices resumed their run higher, picking up from last week’s three-day rally, on signs that U.S. lawmakers were closing in on a fiscal deal to keep the government open and continue with paycheck protection for millions of Americans stressed by the Covid-19. on New York’s Comex settled Monday’s trade […]

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Gold Edges Toward $1,900 on Covid, U.S. Election Uncertainty

By Barani Krishnan Investing.com – Gold prices rose for a second straight day, edging toward $ 1,900 an ounce, as the safe haven crowd leveraged on uncertainty over the outcome of Tuesday’s U.S. election and an explosion of new Covid-19 cases. Hedging ahead of Thursday’s Federal Reserve and Bank of England monthly policy meetings also […]

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Gold Up, Poised for $1,900, on US Election Jitters, New Stimulus Hope

© Reuters. By Barani Krishnan Investing.com – Gold prices rose Friday, appearing poised to return to the key $ 1,900 level, as the safe haven crowd leveraged on uncertainty over next week’s U.S. election and that the winner will attempt to undertake a new major Covid-19 stimulus for the economy. New York-traded settled at $ […]

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