Gold prices signalled a bearish trend early this week – dropping from $2,020 per ounce and testing the key support of around $1,950 – due to a higher US dollar index and a rise in US bond yields. Gold is moving in a downtrend in the one hour chart,
Read Full Story at source (may require registration)
Latest posts by Gold Editor (see all)
- Gold Rates Rise On Friday, June 2, 2023: Check Today’s Gold Prices In Delhi, Mumbai, Chennai & Other Top Cities - June 2, 2023
- Gold prices cling to gains as Treasury yields fall following debt-ceiling deal - June 1, 2023
- Gold Price Forecast: XAU/USD eyes a sustained move above $1,992 on weak US Nonfarm Payrolls - June 1, 2023