Gold futures: tactical bearish bias persists below 4195, 4217 key for bulls
Gold futures remain bearish below 4195, with first support at 4155. Bulls need a move above 4217 to shift the short-term outlook.
Gold futures remain bearish below 4195, with first support at 4155. Bulls need a move above 4217 to shift the short-term outlook.
The LBMA faces a lawsuit over two deaths in Tanzania that could leave it insolvent, threatening the $1 trillion-a-week London gold market.
Cathie Wood says the dollar is stronger than investors think and may surge, citing a Fed index showing it 44% above the long-term average.
US added only 29K jobs in September, missing forecasts by 61K. Bitcoin and gold jumped, and $27.5M in short BTC bets were liquidated.
European stocks are up and Treasury yields are off their highs as investors await US jobs data; oil is lower and gold is steady near $4,180.
Dovish Fed remarks support gold above 4,140; all eyes on US NFP data.
Gold trades in a narrow range below $4,200, with focus on the upcoming US non-farm payrolls report.
Asian trading was subdued as investors awaited US payrolls, the dollar stayed firm, and Tokyo's core CPI hit a 10-month high.
US dollar broadly firmer; USD/JPY dropped 50 pips then rallied to finish higher; crude oil rose on geopolitical headlines.
BofA reiterates a $5,000 gold outlook for 2027 but warns oil, yields and fragile ETF positioning could push prices toward $3,750 first.
Frank Holmes explains why Bitcoin mining is a 'tier one' AI data center and expects $100 trillion in money printing, favoring Bitcoin and gold.
Darius Dale says a drop in funding liquidity may cause near-term volatility, but if liquidity returns in 2027, Bitcoin could rise over 12-18 months.
Gold rises $9 to $4,169 but remains capped by the 100-hour moving average, keeping sellers in control.
Treasury yields briefly hit 2002 highs, boosting the dollar and pressuring European stocks, while oil rebounded.
Morgan Stanley outlines three supports for gold despite a 3.8% decline this year: central bank buying, bond intervention, and oil-linked inflation.