Gold price this week

The current price per unit of weight and currency will be displayed on the right. The Current Value for the amount entered is shown. Totals for Gold and Silver holdings including the ratio percent of gold versus silver will be calculated. The spot price of Gold per Troy Ounce and the date and time of the price is shown below the calculator. If your browser is configured to accept Cookies you will see a button at the bottom of the Holdings Calculator.

Daily Gold Market Report

Gold futures settled at their highest in a week on Wednesday, as nagging concerns about the global economy helped support a rise in the precious metal, a day after prices settled at their lowest in nearly two weeks.

Gold for June delivery GCM20, Prices lost 1. Some weakness early Wednesday in the dollar, against a basket of a half-dozen currencies, as gauged by the ICE U. Dollar index DXY, A softer greenback can make commodities priced in the currency more attractive for buyers using other monetary units.

As gold futures settled, however, the dollar index was up 0. May silver SIK20, Myra P. Saefong, assistant global markets editor, has covered the commodities sector for MarketWatch for 20 years. She has spent the bulk of her years at the company writing the daily Futures Movers and Metals Stocks columns and has been writing the weekly Commodities Corner column since Mark DeCambre is MarketWatch's markets editor.

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Live Gold Price Charts for International Markets. View Spot Gold, Silver and Platinum Prices for USD Dollar, GBP Pounds, and EUR Euro. You can access information on the Gold price in British Pounds (GBP), Euros (​EUR) and US Dollars (USD) in a wide variety of time frames from live prices to all​.

Gold futures settled at their highest in a week on Wednesday, as nagging concerns about the global economy helped support a rise in the precious metal, a day after prices settled at their lowest in nearly two weeks. Gold for June delivery GCM20, Prices lost 1. Some weakness early Wednesday in the dollar, against a basket of a half-dozen currencies, as gauged by the ICE U.

Ultimately, the market is a very neutral candlestick, and that of course is a good sign that it is trying to build up the momentum to go to the upside. The 50 day EMA sits underneath and a hammer from the Friday session that shows signs of support in and of itself.

Gold prices rebounded from session lows and climbed into the close on Friday amidst a risk-off trading background. US yields were mixed with the two year slightly lower and the year slightly higher.

Gold Price Analysis: Gold struggles to break the highs at the end of the week

The current price per unit of weight and currency will be displayed on the right. The Current Value for the amount entered is shown. Totals for Gold and Silver holdings including the ratio percent of gold versus silver will be calculated. The spot price of Gold per Troy Ounce and the date and time of the price is shown below the calculator. If your browser is configured to accept Cookies you will see a button at the bottom of the Holdings Calculator. Pressing the button will place a cookie on your machine containing the information you entered into the Holdings Calculator.

Gold price is ready for $1,800: Markets are watching these two events next week

Gold has over the years been a perfect hedge against inflation. Investors are increasingly looking at gold as an important investment. Goodreturns OneIndia Money is providing gold price in India herewith for our readers informational purposes only. These gold rates are updated today and are sourced from reputed jewellers in the country. Now, first the important thing is that there is no difference between normal gold rate and hallmarked gold rate. Nobody charges extra for giving you hallmarked gold rate. It is the same rate at which the normal gold is sold. The only difference is that you are ensured of purity when you buy normal gold.

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Editor's Note: Get caught up in minutes with our speedy summary of today's must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here! Kitco News Gold traders' strategy seems to be buying price dips as the precious metal gets ready to test highs, according to analysts.

What does the new 'big quest for yield' mean for gold prices next week?

The oil sell-off dominated earlier in the week and then there were many other issues including the Eurogroup not being able to come to an agreement, Gilead's drug reportedly not performing well in China and the BoJ stimulus bonanza. COVID issues still persist but it seems that death rates and hospitalizations are slowing down. This is obviously due to the lockdown procedures being put in place. Once the restrictions are lifted medical experts are expecting a second wave of cases and hospitalizations and deaths could increase once again. There are many issues associated with the lockdown that are coming to the forefront. Transport companies have really struggled during this time with some in the UK talking to the government about bailouts. It will take a long time to count the full cost of the coronavirus pandemic and some analysts fear the current forecasts do not paint the full picture of the damage it has caused to the economy. If that is the case then the gold rally could extend to level never seen before. The gold bugs were unable to push the yellow metal past the previous wave high of USD The price is still comfortably above the USD psychological level. The chart below is the daily, but on the 4-hour chart the price stopped at the Moving back to the daily chart, the relative strength index indicator is showing a massive divergence over the last 3 price waves higher. This is also a negative sign and can indicate upside momentum might be slowing down. If the red trendline on the indicator breaks to the upside there would be a good chance the uptrend could resume and USD could be tested.

Gold Price

Editor's Note: Get caught up in minutes with our speedy summary of today's must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here! Kitco News With the futures market starting to price in the possibility of negative U. The Fed funds futures for December of this year are pricing in negative rates. Gold prices are looking at a gain this week of around 0.