Why Gold and the US Dollar Tend to Move in Opposite Directions
The US dollar and gold typically move in opposite directions due to pricing, opportunity cost, and safe-haven demand.
Gold Market
Analysis
Deeper looks at the forces setting the gold price.
Gold retreats after rejection at $4,435 as Middle East tensions simmer
Gold pulls back after failing to break $4,435 resistance. Middle East tensions and Fed rate uncertainty weigh. Wednesday's Fed minutes could decide the next move.
Gold breaks $4,300 resistance, eyes $4,500 next target
Gold has broken through the $4,300 resistance level, according to technical analysis in the latest Gold SWOT report. The next major price threshold is now $4,500.
Gold slips below $4,400 as profit-taking and oil prices weigh
Gold dipped under $4,400 per ounce on Tuesday, reversing earlier gains as profit-taking and a broader metals correction outweighed support from diminished Fed tightening expectations.
Chinese Gold Investment Holds Firm in Q2 Despite Sideways Prices
Chinese retail gold investment totalled 107 tonnes in Q2 2026, down from Q1's record but still the third-highest Q2 since 2010. When adjusted for a 29% rise in the local gold price, it set a new Q2 record.
Gold finds support in Elliott Wave buying zone after pullback
Gold pulled back in a three-wave move from recent highs. Technical analysis placed support at 4315.86-4261.32, and price reacted higher from that zone. A break above 4450 would confirm the next leg up.
Gold flips weekly parabolic trend to long after 21 weeks
Gold's weekly parabolic Short trend ended after 21 weeks, confirmed at 4432. Historical median gains point to a potential target of 4959 over 15 weeks, though risks remain.
Gold miners post second-best quarter ever despite gold price slump
Major gold miners just reported their second-best quarterly results ever, despite gold falling 14.1% in Q2. Near-record profits and a parallel selloff in gold stocks pushed sector valuations to decade lows.