Gold prices continue to face challenges, testing support levels above $2,500 an ounce amid weak buying momentum, as the U.S. manufacturing sector remains in contraction. On Tuesday, the Institute for…
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Anna, an in-house journalist in Lriko.com, holds a profound understanding of the precious metals markets. In her role, she is chiefly responsible for updating the community with insights and analysis on the gold and silver markets. with experience dating back to 2014, Anna is a Futures trader who engages in Energy Futures, Gold, Indices, Stocks, and other instruments. Leveraging detailed knowledge of Elliott Wave and Price Action, she skillfully reads charts down to the most granular level, identifying well-timed, high-probability Intraday and Swing trades.
Gold prices continue to face challenges, testing support levels above $2,500 an ounce amid weak buying momentum, as the U.S. manufacturing sector remains in contraction. On Tuesday, the Institute for…
Hedge funds are increasingly turning their attention to gold and silver, with speculative positioning reaching a notable benchmark last week, according to the Commodity Futures Trading Commission (CFTC). Gold saw…
Gold and silver prices are both experiencing declines in midday U.S. trading on Tuesday. The downturn is attributed to profit-taking and position adjustments as investors prepare for a busy week…
In times of economic turbulence, commodities are typically viewed as a safer investment compared to stocks due to their foundational role in society’s infrastructure. However, Goldman Sachs has recently flagged…
Silver (XAG/USD) extended its losing streak into a third consecutive session on Tuesday, falling to around $28.20 as the US Dollar (USD) gained strength amid uncertainty ahead of key economic…
Gold prices dipped during the North American session as traders resumed activity following the Labor Day holiday. The decline came despite signs of weakening business activity in the United States…
Bank of America (BofA) strategists reaffirmed on Tuesday their forecast that gold prices could reach $3,000 per ounce within the next year. This projection, first introduced in late 2023, has…
Despite gold prices reaching new all-time highs, central bank purchases surged to 37 tonnes in July, marking a significant increase and indicating strong future demand, according to Krishan Gopaul, Senior…
Gold prices have momentarily paused their relentless ascent, with recent trading showing a brief dip before recovery. Traders and investors are now on edge, waiting for the next catalyst that…
Gold prices slipped during the North American session due to thin trading volumes, with US markets closed for Labor Day. The XAU/USD pair was trading at $2,499, marking a decrease…
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