The price of gold opened on Monday at $1,281.74, and strong interest moved that price to $1,284.76 by midafternoon before the day closed at $1,284.05. Buying in the aftermarkets showed strong momentum and resulted in a Tuesday opening price of $1,292.41, but profit taking left the last trade of the day showing at $1,289.32. Gold… Read more »
Gold Price News
One of our most popular posts, the weekly gold recaps are published on Monday, and recount the previous week’s gold news. Using our visual gold price chart to show the trajectory of the week’s gold prices from Monday through Friday, and a detailed day-by-day breakdown of the gold news from that week follows, relating everything that played a role in gold price shifts, from trade volumes and price changes to geopolitical tensions and major global economic news.
The information presented in these useful weekly articles is clear, crisp and to the point, so that you get a succinct overview of the major factors currently influencing the price of gold over a week’s time—arming you with the knowledge to make smart investment decisions going forward.
After Monday’s opening of $1,275.42 an ounce, light selling drove the closing price of gold to $1,270.55. This brought in buying from bargain hunters and an overnight high of $1,281.08. That activity resulted in gold prices opening at $1,272.72 on Tuesday. Gold buying continued throughout the day until the final trade was matched at a quote… Read more »
Gold prices opened at $1,293.74 on Monday, and buying resulted in a close for the day of $1,308.62. However the week’s high of $1,313.08 was reached in afterhours trading. Selling took the price of gold to $1,300.97 by Tuesday morning and to $1,294.55 by the close. This trend continued into the Wednesday opening quote of… Read more »
With the yellow metal breaking the $1,300 mark in recent weeks, there is one question on traders’ and investors’ minds: What is the price of gold going to be by the end of the year? Some experts predict gold prices could reach far past $1,400. Below are some of the short- and long-term factors that… Read more »
The gold price chart reported a Monday opening of $1,312.42 and close of $1,307.98. Support in afterhours trading brought the Tuesday opening price in at $1,310.24, and light buying absorbed some early selling and allowed the day’s closing trade to match at $1,311.10. Although aftermarket trades produced a weekly high of $1,315.30, the Wednesday opening trade… Read more »
After opening Monday at $1,334.99 the yellow metal saw some light selling, with the price of gold pulling back to $1,328.94 by the close. Gold prices opened on Tuesday at $1,326.81. Buying throughout the day brought a closing quote of $1,332.16. Light selling in the afterhours resulted in a Wednesday opening of $1,328.23 and a… Read more »