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Throughout last week’s transactions, the price of gold was in a continuous decline.
The gold markets initially tried to rally during the trading session on Friday but then broke down significantly.
Gold markets will be very tricky going into the year’s end.
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Gold markets have stalled in thin volume during the trading session on Thursday as Americans celebrated Thanksgiving.
Investors are taking risks amid news of developing COVID-19 vaccines and as Trump begins to coordinate a peaceful transition of the US presidency to Biden.
Gold markets initially tried to rally during the trading session on Wednesday but gave back the gains.
Gold prices are on their way down for the second week in a row as investors chase stocks again following more news of coronavirus vaccines.
Gold markets got absolutely crushed during the trading session on Tuesday as we reached down towards the $1800 level.
Investors' abandonment of safe havens and the recovery of the USD pushed the gold price to decline sharply at the beginning of this week’s trading.
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Gold markets have broken down below the recent support at the $1850 level, an area that has been relatively reliable as of late.
Gold prices rose to $1880 an ounce by the end of last week's trading, despite the uncertainty about the rapid financial stimulus in the United States amid rising COVID-19 infections and despite the stronger dollar.
Gold markets rallied slightly during the trading session on Friday, as we continue to see a sideways grind in general.
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Gold markets have fallen again during the trading session on Thursday to reach down towards the $1850 level.
For the third day in a row, and despite the USD drop, the gold price fell to $1858 an ounce at the time of this writing.
Gold markets have pulled back a bit during the trading session on Wednesday, reaching down towards the $1850 level.