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Global gold prices have made history after breaking through the psychological level of US$4,100 per troy ounce, marking a new all-time high in the precious metals market. The surge came amid renewed trade tensions between the U.S. and China and growing optimism that the Federal Reserve (The Fed) will soon begin cutting interest rates. On […]
Gold kicked off the new week on a strong note, reaching a fresh record high in early trading amid renewed tensions in the US-China tariff dispute. US President Donald Trump announced an additional 100% tariff on all Chinese imports and imposed new export restrictions on critical US-made software, effective November 1. The move came after […]
The year 2025 has become a golden era for precious metals — and this time, it’s not just gold taking center stage. Silver has soared to an extraordinary $51 per troy ounce, marking its highest level in modern history. This milestone represents a stunning comeback, as silver breaches the symbolic $50 mark for the first […]
Gold prices have once again made history. For the first time ever, the precious metal has surpassed the US$4,000 per ounce mark, briefly touching a daily high of US$4,037 — marking a new milestone in the ongoing uptrend fueled by mounting global economic concerns and political turmoil in the United States. This sharp rally reflects […]
Gold (XAUUSD) briefly reached a daily high of 3977.2 before correcting and is now trading around 3947, after recording a low of 3940.7. Based on M15 Minor Intraday analysis, the downside appears limited, suggesting a potential rebound toward the nearest resistance levels in the short term. Trading Recommendation:Buy XAUUSD (Gold)Entry : 3950Stoploss : 3944 / […]
Gold is currently showing a bearish tendency, supported by the trendline reversal and lower price action compared to previous levels, indicating strong downside potential.Furthermore, a candlestick confirmation and the formation of a double top pattern strengthen the bearish outlook. Trading Recommendation:Sell XAUUSDEntry : 3848Take Profit : 3834Stoploss : 3858 *DISCLAIMER: All content in daily forex news is informative. […]
Is a New Record on the Horizon? Gold price movement (XAUUSD) last Friday once again captured global market attention. The precious metal held steady around $3,760 – $3,770 per troy ounce, despite stronger U.S. economic data that briefly weighed on expectations of a Federal Reserve rate cut. Interestingly, the new U.S. import tariff sentiment provided […]
Opportunities from the Overlooked Precious Metal In the trading world, gold often takes center stage. However, there’s another precious metal with significant potential: silver (XAG/USD). Many traders overlook it, yet its high volatility, correlation with gold, and profit potential make it a compelling asset. So, why should you consider trading XAG/USD right now? 1. Silver: […]
XAUUSD (Gold) continues to rise after recording an intraday low at 3729.5. Currently, Gold is trading in the 3750 – 3755 range, with an intraday high at 3756.5. However, the upside potential is seen as limited, as price approaches the M15 Supply Zone at 3760 – 3765, opening the possibility for a downward correction. Trading […]
Gold prices have officially broken through the USD 3,700 per troy ounce mark, achieving a historic all-time high. What was once only a projection by many analysts has now become a reality. The rally has been fueled by a confluence of macroeconomic shifts, monetary policy expectations, and heightened geopolitical uncertainty. For investors and traders alike, […]
