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Tuesday, August 22, 2023

Gold price forecast as China, Saudi Arabia dump US Treasuries - InvestorsObserver

Gold price forecast as China, Saudi Arabia dump US Treasuries  InvestorsObserver

source https://news.google.com/rss/articles/CBMiP2h0dHBzOi8vd3d3LmludmVzdG9yc29ic2VydmVyLmNvbS9uZXdzL3FtLW5ld3MvNjUzMjYwMzg5NTg0OTQzONIBAA?oc=5

Gold has reached 1900 whether it is still increasing or not?

https://ift.tt/ehTCtLQ

Gold has reached 1900 whether it is still increasing or not?

The price of gold has experienced a slight increase and currently stands at $1900, but the potential interest rate hike by the US Treasury Department at the beginning of the trading week and the continued downward trend on charts are limiting the metal's upward movement.

Trading may be more subdued this week. "Another price increase in the dollar could prolong or further adjust gold prices. However, when the dollar strengthens, I anticipate that precious metals market will continue to grow significantly. Gold speculators currently need to exercise a bit more patience."


Originally posted here: https://ift.tt/A4Wznjp

Gold Price Forecast: XAU/USD recovery seeks daily closing above $1,891, Fedspeak eyed - FXStreet

Gold Price Forecast: XAU/USD recovery seeks daily closing above $1,891, Fedspeak eyed  FXStreet

source https://news.google.com/rss/articles/CBMigQFodHRwczovL3d3dy5meHN0cmVldC5jb20vYW5hbHlzaXMvZ29sZC1wcmljZS1mb3JlY2FzdC14YXUtdXNkLXJlY292ZXJ5LXNlZWtzLWRhaWx5LWNsb3NpbmctYWJvdmUtMS04OTEtZmVkc3BlYWstZXllZC0yMDIzMDgyMjAyNTbSAYUBaHR0cHM6Ly93d3cuZnhzdHJlZXQuY29tL2FtcC9hbmFseXNpcy9nb2xkLXByaWNlLWZvcmVjYXN0LXhhdS11c2QtcmVjb3Zlcnktc2Vla3MtZGFpbHktY2xvc2luZy1hYm92ZS0xLTg5MS1mZWRzcGVhay1leWVkLTIwMjMwODIyMDI1Ng?oc=5