Crucial US Job numbers to decide the fate of Gold

US Job Numbers Crucial US job numbers will be major deciding factor of gold price in September. Last month unemployment rate stunned market and came better than expected. Last month unemployment rate was at 10.2%. September’s unemployment rate expectations are between 10% to 9.5%. If unemployment rate hit below 9.5% then expect good crash in …

Brutal crash in gold price. Expecting more power to sellers

Gold price crash Gold price crashed from 2070$ to test 1880$ yesterday. Brutal crash in gold price catalyst by Russian vaccine announcement. Russia announced, they have registered world’s first corona virus vaccine. Russian president Putin also informed that his daughter also received the shot and its completely safe. Second reason was Trump’s statement that he …

Gold price hits above 2050$. Will gold streak continue ?

Gold price new lifetime high Its been a fantastic run for gold price. Spot gold prices made low of 1450$ in March this year. Currently gold prices are trading above 2050$. Up more than 40% from its March’s low. This stupendous rally came just within 4.5 months. Gold is making new lifetime highs almost daily …

Brexit holding Gold ( Levels unchanged )14th Dec

Brexit holding gold prices and xauusd is trading in a small range since Monday. Xauusd trading from 1241$ to 1248$ since it opened this week. We have entered in December and we may be headed towards low volume holiday sessions soon. Currently traders are waiting for clear outcome of Brexit which is holding entire market …