GOLD WEEKLY ANALYSIS
Gold closed on Friday at its weekly low after testing a high of $2,686 earlier in the session, marking a historic $150 drop in a single week since 2020 as driven by a strong US dollar and reduced expectations for Federal Reserve rate cuts, which weakened the appeal of non-interest-bearing gold. On Thursday, Federal Reserve Chair Powell indicated that there was no immediate need to lower interest rates.
Recent News
Dow Jones Approaches Key Resistance Near...
August 11, 2025
Market Insights
DAX sustains on daily lower levels.
November 05, 2024
Market Insights
Tech 100 CFD Rally Continues Bulls Targe...
June 25, 2025
Market Insights
NASDAQ making a Bullish Flag in 1HR time...
May 08, 2025
Market Insights
US100 Breaks Above Resistance Bullish Fl...
July 31, 2025
Market Insights
Dow Jones Consolidates Near 45,000 After...
August 14, 2025
Market Insights
