Gold is losing ground as demand for safe-haven assets declines. Stronger U.S. dollar put additional pressure on gold markets.

Gold continues its attempts to settle above the strong resistance level at $3350 – $3360. If gold climbs above the $3360 ...

Gold is up 15.08% from the beginning of the year, as of 9 a.m. ET. The 52-week intraday high reached $2,450.06 on May 20, 2024, and the 52-week intraday low dropped to $1,810.10 on Oct. 6, 2023.

The price of gold traded at $2,318.03 per troy ounce, as of 9 a.m. ET. That’s up 0.50% from yesterday’s gold price per ounce and up 12.18% since the beginning of the year.

Precious metals dominated in H1. Platinum soared nearly 50%, followed by gold (+26%), silver (+25%) and palladium (+21%).

Conversely, platinum tend to underperform gold when gold was going down (2013-2016). ... The platinum price chart will ultimately have the answers for a reasonable platinum price prediction in 2025.

The daily chart of gold has been forming cycle lows roughly every 4-months. The last cycle bottomed near the 200-day EMA in late February. We hit that area again in late June, and a bottom could ...

In the chart below, it shows the price history of gold versus silver. It is clear to see that, historically, platinum has often traded at a significant premium to gold, which would make sense ...

The thing is that platinum-based Rate-of-Change indicator didn’t just move to levels that accompanied big tops – it moved to ...

Gold has also surpassed platinum in price per ounce, trading for over $2,000 per ounce as of March 2024, while platinum is trading for just under $1,000 per ounce.

Platinum is 30 times rarer than gold and has more industrial uses, especially when it comes to the auto industry and healthcare. Platinum has more severe shortages than gold, which can drive up ...