BNP Paribas has raised its gold price forecast

“There are reasons to increase our gold price forecasts in recent weeks,” said Anna-Laura Tremblay, an analyst at BNP Paribas. The decision to keep interest rates close to zero until 2013. In this context, gold prices rose 18% on August 23 to a record high of $ 1912 per ounce. “ The strengthening trend towards … Read moreBNP Paribas has raised its gold price forecast

Silver Price Prediction August 18, 2021: Small Pullback

Silver Price Prediction August 18, 2021: Small Pullback

Silver retreated slightly yesterday, hitting the $ 24 resistance barrier. If the precious metal overcomes this obstacle, it will head towards the $ 25 area. The further trajectory of the silver price will be heavily influenced by the DXY, as precious metals, and especially silver, known for its increased volatility, are highly dependent on the … Read moreSilver Price Prediction August 18, 2021: Small Pullback

Gold Price Prediction Jul 16, 2021: Retracement From Four-Week High

Gold Price Prediction Jul 16, 2021: Retracement From Four-Week High

Gold rallied at the start of the trading session on Thursday, but then pulled back profits to show signs of confusion. The underlying 50-day EMA is poised to offer support, and at this point it is worth paying special attention to the precious metal, as one of the hottest topics right now is inflation. At … Read moreGold Price Prediction Jul 16, 2021: Retracement From Four-Week High

American degradation explodes the price of gold

As expected, the price of gold rose after it became known that Standard & Poor’s rating agency for the first time in history downgraded the US credit rating from the highest AAA to AA +. Thus, the price of gold was able to exceed $ 1,700 per ounce. Another impetus for the sharp rise in … Read moreAmerican degradation explodes the price of gold

Gold and Silver Price Forecast: Will Precious Metals Go Higher? – opinions differ. Nassim Taleb smashes bitcoins

Gold again decisively breaks up and during yesterday’s trading session touched the $ 1,830 mark, but silver does not confirm such a bullish sentiment: it continued to storm the $ 26.50 level per ounce, but not very convincingly. When gold and silver move in tandem, it usually indicates a bullish market sentiment. Gold: Possible Reasons … Read moreGold and Silver Price Forecast: Will Precious Metals Go Higher? – opinions differ. Nassim Taleb smashes bitcoins