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Gold Futures - Aug 24 (GCQ4)

Real-time derived
Symbol
Exchange
Currency
GCDerivedUSD
XAUUSDc1IstanbulUSD
BORc1B3BRL
GDRTSc1MoscowUSD
SHAUc1SHFECNY
JAUc1TOCOMJPY
GCc1CMEUSD
GCc2CMEUSD
GCc3CMEUSD
GCc4CMEUSD
GCc5CMEUSD
GCc6CMEUSD
GCc7CMEUSD
Currency in USD
Disclaimer
2,385.70
+32.20(+1.37%)
Closed

Gold Futures Discussions

1950 coming soon
Buy in any dip - 2700 by year end, 3000 in 2025.
$2000 coming
down to 1920
what was the news?
Manipulation west vs east.
CPI lower but PPI higher. Retail wont be passing on higher prices to consumers as the evonomy slows, in fact expect more sales on goods. Interest rates are 100 to 150 bps higher than they should be at this stage of the economic slow down. The fact Gold is holding in this area (2.400) is very bullish.
Huge revision on May non-farm. As expected when May non-farm was released showing 272 k said it was wrong. Today they released new numbers for May revising it from 272k down to 218k. The economy is slowing, Feds late again. Good for Gold.
when the Feds start to cut rate! your best of luck will be in commodities 🌟 during signs of recession/globe rate cuts.
3 rate cuts will happen before the end of 2024. six more months to go before the end of the year. im predicting they will start rate cuts by August. So take advantage cheap metals while you still can
gold still seems like its retracting from its all time high in May. Chinas 2200 prediction is possible
i still recommend you to buy the dips for the long run
From the BBC. New study found up to 39% of people world wide try to avoid reading the news “its depressing and boring” certainly agree with that, especially these error ridden financial releases written by AI……Shut it off. Night night.
PPI down and jobless claims up have the Feds got this all wrong, are they placing way too much emphasis on inflation and not the economy as a whole?
Time to keep buying in any dip before next run up soon
Time to keep falling
You’ve got your screen upside down
its really uncertain right now! there has been some intresting news articles on gold this week.
the dollar also dropped significantly today
Gold Prices Plunge as China’s Central pauses purchases
Well they’re currently holding $180 Billion in the yellow metal which in the grand scheme of things (GDP, Trade balance) still leaves them room to buy a lot more. Nothing goes up in a straight line, the big picture here is Gold is replacing fiat reserves for many central banks.
yeah this is true it's very lucrative. i would wait until Tuesday to see where the markets going before buying in
Govt reports non-farm payrolls at 272 which is way higher than expected and doesnt jive with any other data released earlier. Expect revisions. Gold has been kicked, concerted effort to save the dealers who are short, they sure don’t give up easily, lol.
Ding ding, above $2.400 again. Any paper shorters that are left must be getting frazzled. There ain’t no physical left to deliver.
looking bullish again for gold and precious metals
US rate cuts coming, the Feds just don’t know it yet, too funny. Employment numbers much lower expect Fridays non-farm to follow suit. Gold to crack $2.400 again. (Eventually).
Sell off in India’s stocks has washed over into commodities, PM’s as many traders in that country face margin calls on their leveraged transactions. Trading will be fluid as more election results come in. Looks like Modi won’t get the majority he was expecting.
Gold is Time to rocket
Gold is Time to fall
buy it while it still cheap. gold is a safe haven during rate cuts! and they are coming soon. so prepare and invest wisely
the central banks are preparing for Rate cuts for 2024. and this will drive the price of precious metals up.
In the meantime, USD will hold up if other countries like Canada start the rate cut first.
rate cut over all effect central banks around the world. and Canada and the USA arent the only ones doing rate cuts this year
if Canada cuts rate first in the near future. likely June 5. while the US holds till late this year, there might be some turbulence here in the short term.
Core PCE lower month over month, personal spending down, consumption down, Feds time to cut rates and stop dithering.
ridiculous
Trump getting caught ? Gold not going higher ? Cost of food ? Bad breath ?
Rocket ready to load
smart are waiting & Bulls are buying the dips
...
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