GC=F - Gold Dec 19

COMEX - COMEX Delayed price. Currency in USD
1,464.30
+10.60 (+0.73%)
As of 4:59PM EST. Market open.
Stock chart is not supported by your current browser
Pre. SettlementN/A
Settlement date2019-12-27
Open1,456.50
Bid1,464.00
Last price1,453.70
Day's range1,456.40 - 1,467.90
Volume335,980
Ask1,464.40
  • Natural Gas Price Forecast – Natural Gas Testing Major Technical Level
    FX Empire

    Natural Gas Price Forecast – Natural Gas Testing Major Technical Level

    Natural gas markets have gone back and forth during the trading session on Wednesday, hovering just above a major moving average as we essentially tread water while temperatures in the United States plummet.

  • GBP/JPY Price Forecast – British Pound Pulls Back Against Japanese Yen
    FX Empire

    GBP/JPY Price Forecast – British Pound Pulls Back Against Japanese Yen

    The British pound has pulled back significantly during the trading session on Wednesday, reaching towards the bottom of the overall consolidation area that we have been in.

  • Investing.com

    Gold Continues Upward in Mid-$1400s on New Trade-War Uncertainty

    Investing.com – For a second day in a row, there’s less-than-comforting news about a U.S.-China trade deal and gold is soaring once again from a push higher by those long the yellow metal and awaiting such somber news.

  • Investing.com

    Oil Rises Defying Record U.S. Crude Production

    Investing.com – Clinging to the rosy economic thesis of the Fed and OPEC’s about-turn that it suddenly saw no recession ahead, oil bulls pushed crude prices higher on Wednesday even as U.S. production is expected to hit a new record this month.

  • ASX-Listed DigitalX Seeds New Fund With Half Its Bitcoin Holdings
    Coindesk

    ASX-Listed DigitalX Seeds New Fund With Half Its Bitcoin Holdings

    The first ever cryptocurrency firm to be listed on a major stock exchange has launched a new bitcoin fund.

  • Crude Oil Price Fundamental Daily Forecast – Pressured by Worries Over Global Economy, Energy Demand
    FX Empire

    Crude Oil Price Fundamental Daily Forecast – Pressured by Worries Over Global Economy, Energy Demand

    Crude oil inventories were forecast to have risen for a third straight week last week, while refined products inventories likely declined, a preliminary Reuters poll showed on Tuesday.

  • Asian Stocks, Currencies Lower as Trump Reminds Markets of Tariff Threats
    FX Empire

    Asian Stocks, Currencies Lower as Trump Reminds Markets of Tariff Threats

    Asian stocks are trading lower, despite their US counterparts tantalisingly close to setting new record highs, as investors continue sieving through potential signals from the noise surrounding the highly anticipated US-China trade deal.

  • USD/JPY Complex Correction Forms Bull Flag Pattern
    FX Empire

    USD/JPY Complex Correction Forms Bull Flag Pattern

    The USD/JPY is building a bull flag chart pattern, which is indicating an uptrend continuation with a target at the round 100 level.

  • Investing.com

    Oil Prices Lower on Concerns Over Trade, Demand Outlook

    Investing.com - Oil prices were lower on Wednesday as renewed concerns over prospects for a U.S.-China trade deal weighed on the outlook for the global economy and energy demand.

  • Long On Optimism Short On Concession
    FX Empire

    Long On Optimism Short On Concession

    The market remains long on optimism and short on the critical trade concessions but overall no worse for the wear as investors go through their daily ritual of RoRo (risk-on -risk-off)

  • USD/JPY Forex Technical Analysis – Upside Momentum Targets 109.371, Downside Momentum Targets 108.690
    FX Empire

    USD/JPY Forex Technical Analysis – Upside Momentum Targets 109.371, Downside Momentum Targets 108.690

    With the USD/JPY trading between retracement levels, the next move will be determined by short-term momentum. Fundamentally, this Forex pair isn’t likely to move much until Treasury yields move. Wednesday’s U.S. consumer inflation report and testimony from Federal Reserve Chairman Powell could move yields.

  • NZD/USD Forex Technical Analysis – Surprise RBNZ Rate Decision Triggers Huge Short-Covering Rally
    FX Empire

    NZD/USD Forex Technical Analysis – Surprise RBNZ Rate Decision Triggers Huge Short-Covering Rally

    Based on the early price action in reaction to the RBNZ decision, the direction of the NZD/USD the rest of the session on Wednesday is likely to be determined by trader reaction to the intermediate 50% level at .6396.

  • Investing.com

    Gold Prices Gain; Trade Progress, Hong Kong Unrest in Focus

    Investing.com - Gold prices gained on Wednesday in Asia as traders digested the latest trade news.

  • Bakkt in Discussions to Offer Cash-Settled Bitcoin Futures in Singapore
    Coindesk

    Bakkt in Discussions to Offer Cash-Settled Bitcoin Futures in Singapore

    Bakkt aims to offer cash-settled bitcoin futures before 2020 to complement its physically settled contracts.

  • E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Vulnerable to Steep Sell-off Under 27495 Gann Angle
    FX Empire

    E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Vulnerable to Steep Sell-off Under 27495 Gann Angle

    Based on the price action late in the session and the current price at 27639, the direction of the December E-mini Dow Jones Industrial Average futures contract into the close is likely to be determined by trader reaction to Monday’s close at 27658.

  • The One Factor Driving Today’s Oil Markets
    Oilprice.com

    The One Factor Driving Today’s Oil Markets

    The trade war appears to be the only variable that will impact the price of oil in today’s market, which means all eyes will be on Trump’s upcoming speech in New York

  • Silver Price Forecast – Silver Markets Testing 200 day EMA
    FX Empire

    Silver Price Forecast – Silver Markets Testing 200 day EMA

    Silver markets initially tried to rally during the trading session on Tuesday but found enough resistance to turn around and fall towards the 200 day EMA, a very important level.

  • Crude Oil Price Forecast – Crude Oil Markets Continue To Consolidate
    FX Empire

    Crude Oil Price Forecast – Crude Oil Markets Continue To Consolidate

    Crude oil markets did very little in the way of action during the trading session on Tuesday, as they continue to consolidate in the middle of the larger rectangle that they are both in.

  • Gold Price Forecast – Gold Markets Find Support
    FX Empire

    Gold Price Forecast – Gold Markets Find Support

    Gold markets pulled back a bit during the trading session on Tuesday to test the $1450 level for support. So far, it has in fact found support there, but if it gives that level up it’s likely that the 200 day EMA will be next.

  • Investment App Abra Expands US Offerings With 60 New Cryptos
    Coindesk

    Investment App Abra Expands US Offerings With 60 New Cryptos

    Mobile crypto wallet and investment app Abra is adding a host of new coins and doubling its U.S. bank deposit limits for U.S. customers.

  • GBP/USD Bullish Reversal Completes Bearish Wave C Pattern
    FX Empire

    GBP/USD Bullish Reversal Completes Bearish Wave C Pattern

    The GBP/USD made a strong bullish bounce at the 144 ema close, which could indicate the completion of a bearish ABC (orange) correction and a potential restart of the uptrend.

  • Gold’s Just Not That Appealing to Young Chinese Luxury Shoppers
    Bloomberg

    Gold’s Just Not That Appealing to Young Chinese Luxury Shoppers

    (Bloomberg) -- China’s Generation Z may be willing to spend more on luxury goods, but they’re not as keen on gold as their older compatriots.That’s according to survey by the World Gold Council, which showed just 12% of those aged 18 to 22 intend to buy gold jewelry in the coming year, much less than the millennial generation and people over 39. Their emotional connection with gold jewelry also “seems particularly weak” compared with other countries, the council said.The changing tastes among China’s young adults may signal a warning for the gold industry, which counts China as its biggest buyer. There are already signs that global gold demand has recently been driven more by exchange-traded fund investors than jewelry purchases.“It is undoubtedly a challenge for China’s jewelry industry to engage with the younger generation,” said Alistair Hewitt, director of market intelligence at the council. China’s young consumers may be distancing themselves from gold because it has long been associated with older generations, though their views may change as they grow older, he said.The difference in gold tastes between different generations in No. 2 buyer India isn’t as pronounced as in China. Gold jewelry attitudes are also more consistent among different age groups in the U.S., the survey showed.One bright spot for gold is its reputation as a store of value. While young adults want quick returns and are eager to take risks through investments like cryptocurrencies, they generally trust gold as way of preserving wealth over the longer term, the council said. The metal remains the third-most popular investment globally, behind savings accounts and life insurance.Even so, there are big differences in consumer appetite for gold around the world, with interest in China and India much stronger than countries like Germany or Canada, the survey showed. The survey questioned 18,000 consumers across six countries.To contact the reporter on this story: Elena Mazneva in London at emazneva@bloomberg.netTo contact the editors responsible for this story: Lynn Thomasson at lthomasson@bloomberg.net, Nicholas Larkin, Dylan GriffithsFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Gold Price Futures (GC) Technical Analysis – Plenty of Room to Downside, but Also Ripe for Reversal Bottom
    FX Empire

    Gold Price Futures (GC) Technical Analysis – Plenty of Room to Downside, but Also Ripe for Reversal Bottom

    The direction of the December Comex gold futures contract on Tuesday is likely to be determined by trader reaction to Monday’s close at $1457.10.

  • Investing.com

    Stocks - U.S. Futures Edge Higher as Trump Trade Speech Awaited

    Investing.com - U.S. futures were slightly higher on Tuesday as investors waited for a keynote speech from U.S. President Donald Trump that's likely to include comments on trade policy with regard to both China and Europe.

  • Investing.com

    Gold Prices Fall, Near 3-Month Low

    Investing.com - Gold prices fell on Tuesday in Asia and is now near a 3-month low.