(Kitco News) - A general malaise in commodity markets could limit golds upside potential next week as analysts remain mixed on U.S. dollar strength ahead of a much anticipated vote on healthcare reform.
(Kitco News) - As expected, gold has seen a nice bounce following what analysts described as a dovish hike from the Federal Reserve and now the question that needs to be answered is if gold has enough momentum to push higher.
(Kitco News) - The saying three times a charm may apply to the gold market next week as some analysts say the metal may be setting itself up for a decent rally following a Fed rate hike.
(Kitco News) - Although the gold market is showing signs of being overextended, hitting 3.5-month highs Friday, analysts said that continued global geopolitical risks should continue to drive prices higher.
The gold market is apt to remain fixated on the future of U.S. monetary policy, taking its cues next week from minutes of the most recent Federal Open Market Committee meeting, analysts said.
Political developments, congressional appearances by Federal Reserve Chair Janet Yellen and a heavy slate of U.S. economic data will be on the radar for gold traders next week.
With the Federal Reserve in no hurry to raise interest rates, analysts are expecting the gold market to continue to react to ongoing geopolitical concerns created by the new Trump Administration.
(Kitco News) - Gold investors will be paying close attention to the first orders President Donald Trump signs next week, with some analysts suggesting that renewed pro-growth optimism could hurt the recent rally in the yellow metal.
(Kitco News) - Gold could continue to perform well in next weeks shorted trading week as the Trump effect loses momentum ahead of President-elect Donald Trumps inauguration Friday, according to some analysts.
After a strong start in the first trading week of the new year, some analysts are expecting gold to consolidate in its current range and see any drop , as a buying opportunity.
(Kitco News) - Despite golds short-term oversold positioning, analysts say that the risk in the marketplace remains to the downside in the last trading week of the year.
With the much anticipated Fed meeting now out of the way, analysts are now warning investors that starting next week to the end of the year the gold market could be plagued with low volume and high volatility.