Hello everyone, how do you think gold price today will move?
Opening for the new week, gold traded at about 2019 USD and increased by $ 6.5 in Asia's first trading hours.
The gold market forecast may be quiet this week when there is little important data published. In addition to the weekly unemployment benefits and Fed officials, the market will wait for the first monetary policy meeting minutes of 2024.
Last week, gold was pushed down below USD 2,000/ounce but quickly regained this threshold. Therefore, the speculators will push the gold back to 2,039 and higher may be 2055 USD this week.
Opening for the new week, gold traded at about 2019 USD and increased by $ 6.5 in Asia's first trading hours.
The gold market forecast may be quiet this week when there is little important data published. In addition to the weekly unemployment benefits and Fed officials, the market will wait for the first monetary policy meeting minutes of 2024.
Last week, gold was pushed down below USD 2,000/ounce but quickly regained this threshold. Therefore, the speculators will push the gold back to 2,039 and higher may be 2055 USD this week.
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