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Gold Futures - (SHAUc1)

SHFE
Currency in CNY
Disclaimer
558.32
+8.56(+1.56%)
Closed

Gold Futures Discussions

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.
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
2000 by September ish?
where are you getting your information from
investing.com
lol
leta go Bulls.
buy the dips
Time to hit 8200
time to take ur pills 💊
Let’s go $2800
Nothing like getting a gap filled, needs to rally back to $2.350 and form a base or if not we might see $2.315. Judging by high costs, capex and finacing issues for mid tier miners there sure won’t be as many new mines coming on stream im the coming years. Theres been a huge reset in this industry within the past 2 years. Talk about hunkering down.
let's go $1800
Feds sure know how kill a party, a futule attempt in the long run. All they want is a strong USD to bring in cheaper imports, stiffling inflation but also ruining the home grown economy, crazy.
Another slight consolidation before uptrending. Gold Bulls 2026
so where did my comment saying reduce gold position to another sector...or is it time to cancel my subscription at investing.com....because of moderator retards. I'll be sure to put that in for the reason. cheers.
You’re welcome Noddy ! But saying lighten the load on Gold when i suspect most posters here invest in the stocks and not the precious metal itself is really no help. As most Gold/Silver stocks have barely budged as Gold hits new highs. Most are waiting for the sector to be recognised by the whales who have ignored it for the past year. But when they come so will the 5 baggers.
100% correct
bric. crypto. war. gold no brainer. plus. all the religions have a fetish for the useless metal. didn't check the volumes and price of options. but I like gold for about 2700.
Its the date
This is true as on this day in 1866 the US authorised the minting if the first 5 cent piece called the shield nickel. Which in perfect condition, one coin can fetch up to $9,000. More than 1oz of Gold.
$3000 easy
facts
lets Go Bulls
bulls strong hold
...
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