Before resuming its upward push toward $2,950 to $3,000, the analyst noted that Gold could retest $2,898 to $2,870 zone.
Countless factors go into determining the current spot price of gold at any moment in time. The supply of new gold, demand of gold bullion and currency fluctuations all play a role, not to mention ...
Gold is trading within a well-defined ascending channel, as shown in the attached chart. The price has now reached the upper boundary of this channel, testing resistance in the $2,900–$3,000 zone. A ...
While that figure represents the market's assessment of the precious metal's current value, it's important to note that gold prices are subject to constant fluctuations due to a variety of factors.
money is moving into gold stocks and REITs. The price charts for both sectors show this clearly and, at some point, actual price movement is more relevant than whatever the reasons are said to be.