Gold /USD Prices

Gold is one of the most traded precious metals in the world. Gold is traded on a commodity exchange, and the price of gold is determined based on supply and demand for the price of an ounce or ounce of gold against the US dollar. This page contains information about gold prices, analysts' opinions about the analysis of gold against the US dollar, gold price forecasts, and analysts' views on the direction of the gold price.

Gold price now

2,666.36

16.010 (0.60%)
XAUUSD
  • Highest price 2,666.98
  • Lowest price 2,648.73
  • Opening price 2,650.35
08:27:54 - Last update

GOLD/USD Chart

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technical-data

Gold price analysis

Technical indicators indicate To the lack of clarity in the direction of prices Gold / USD

  • Moving averages give a signal Strong buy
    • 11 Averages: Signal Buy
    • 1 middle : Signal Sell
  • Other technical indicators give a signal Strong selling
    • 1 average : Signal Buy
    • 3 Indicators : Signal Sell
The most important points of support and resistance for gold prices
Type
Support 3
Support 2
Support 1
Pivot
Resistance 1
Resistance 2
Resistance 3
traditional
2,655.74
2,657.83
2,660.42
2,662.51
2,665.10
2,667.19
2,669.78
Fibonacci
2,657.83
2,659.62
2,660.72
2,662.51
2,664.30
2,665.40
2,667.19
Camarilla
2,661.72
2,662.15
2,662.58
2,662.51
2,663.43
2,663.86
2,664.29
Woodies
2,655.99
2,657.96
2,660.67
2,662.64
2,665.35
2,667.32
2,670.03

Last update 21 November 2024 08:00am

The most frequently asked questions about gold and gold prices
Gold is distinguished from other metals by several characteristics that make it one of the most important, common and widely used precious metals. These characteristics include its attractive appearance, its shine, and the ability to maintain its shape without changing over time. Gold is considered one of the rare metals, but the difficulty of extracting it is what makes it expensive. From an economic standpoint, gold plays an important role as a currency in addition to being a commodity, as it was used in barter, in addition to governments and countries using it as a reserve.
Supply is represented by the quantities produced and the demand represented by the desires of individuals and institutions to acquire it, the monetary and financial policies of major central banks, fluctuations in the purchasing power of the US dollar, political events and unrest, risk appetite in the markets and investor confidence, inflation rates and economic growth.
There are several options available to those who want to invest in gold or buy gold, the most famous of which is buying it in its physical form or what is known as buying gold bullion or coins, buying shares and bonds in one of the ETFs that are limited to investments in gold, or trading in financial derivatives markets such as contracts. Futures or options.
Gold has proven to be a safe haven over the past decades, as gold has maintained value and served as a value preserver. Gold cannot be printed like money and is not affected by central bank decisions to raise or lower interest rates. Individual investors, banks, and governments resort to acquiring gold when something happens. Economic crises, wars, or other unexpected events to secure their investments from sudden fluctuations.
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Risk warning: Trading using financial leverage in financial markets involves high risks that are not suitable for all types of investors. You must understand the risks to which your money may be exposed. All opinions, analyses, recommendations and content presented on the site are for the purpose of financial education and should not be considered to make any investment decisions, whether to buy or sell. Please see detailed risk warning by clicking here.