GOLD Live News

This page provides live coverage and news analysis on GOLD trading

Advertiser Disclaimer
Top8forexbrokers would like to remind you that the data contained in this website is not necessarily real-time nor accurate.Prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Top8forexbrokers does not bear any responsibility for any trading losses you might incur as a result of using this data.
Top8forexbrokers or anyone involved with Top8forexbrokers will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Apr. 19, 2024

After three days of declines, Gold is up $6 today

Live - Updated 38 minutes ago.

After closing the previous trading day at $2,398, CME Gold is up to $2,404 per ounce, which makes for a move of 0.25%/$6 today.

Nevertheless, United States Initial Jobless Claims beats expectations of 215,000 with new data release of 212,000, marks no change over previous data of 212,000.

Meanwhile, United States Existing Home Sales (Mar) released yesterday at 14:00 UTC with a figure of 4.19 million, while the previous figure was 4.38 million. United States Philadelphia Fed Manufacturing Index (Apr) came out at 15.5, while a consensus of analysts was expecting 1.5.

Momentum evaluation shows that the Relative Strength Index indicates Gold is currently 'overbought' which suggests new gains will be harder to obtain.

Meanwhile, Palladium closed at $1,033 (down 0.53%). Copper closed at $4.42 (down 0.27%). After ending yesterday's session at $954.5, Platinum lost $2.5 and is trading around $952.

The commodity has been trending positively for about 2 months. 6 months ago, Gold fell to a low of $1,834 but has since recovered 30.76%.

follow us:

Week to date

CME Gold inches up to $2,404 per ounce (a 0% gain) after closing the previous session at zero cents .

Trading week at a glance - Gold is up to $2,404 per ounce, after closing yesterday at zero cents. Overall, a 0% move or $2,404 this week. (Trade Gold with FXTM now).

Nevertheless, United States Initial Jobless Claims beats expectations of 215,000 with new data release of 212,000, marks no change over previous data of 212,000. United States Crude Oil Inventories released Wednesday is better than expected at 2.73 million but down from preceding data of 5.84 million according to new data. Data for United States Core Retail Sales published Monday came out at 1.1%, beating projections of 0.5% and showing improvement over the preceding figure of 0.6%.

At the same time, United States Existing Home Sales (Mar) came out at 4.19 million, while a consensus of analysts was expecting 4.2 million. United States Philadelphia Fed Manufacturing Index (Apr) released yesterday at 12:30 UTC with a figure of 15.5, while the previous figure was 3.2.

Also worthy of note, United States Services PMI is expected Tuesday. United States New Home Sales (Mar) will be released Tuesday. United States Manufacturing PMI is expected Tuesday.