About
Image Source: Pexels Today you will see Gold price predictions based on technical analysis. What is the support and resistance on the daily time frame for XAUUSD?What to expect where the price will break out for the XAUUSD based on the supply and demand zones.Video Length: 00:03:56More By This Author:Gold Price Forecast, XAUUSD Analysis And Trading Strategy - Thursday, Dec 4Gold Price Forecast, XAUUSD Analysis And Trading Strategy - Wednesday, Dec 3Gold Price Forecast, XAUUSD Analysis And Trading Strategy - Tuesday, Dec 2
Gold was likely to sustain its strong trend-like rally in 2026, UOB’s Global Economics & Markets Research said.
Investors are turning their attention to next week's Federal Reserve meeting, with gold prices showing slight fluctuations on Thursday. Spot gold rose 0.2% to $4,211.1 per ounce. February futures gold increased by $12.7 or 0.3% to $4,245.2 per ounce. March silver prices fell by 2% to $57.47 per ounce. March copper prices decreased by 0.5% to $5.364 per pound. January platinum prices dropped by 0.3% to $1,658.8 per ounce. March palladium prices fell by 1.7% to $1,482 per ounce
Gold prices fell slightly due to a strong dollar, but concerns about the independence of the Federal Reserve rose as Trump threatened to fire Fed Governor Cook, limiting the decline in gold prices. Spot gold was reported at $3,386.19 per ounce, down 0.2%. The market expects an 87% chance that the Federal Reserve will cut interest rates by 25 basis points at its policy meeting on September 17. The holdings of the world's largest gold exchange-traded fund, SPDR Gold Trust, increased slightly