Browsing: Gold Price

Veteran trader Peter Brandt has warned that gold price could face a sharp decline after spotting a bearish pattern on its weekly chart. The pattern, known as head-and-shoulders, often appears when an asset’s strong rally begins to lose momentum. It forms three peaks, with the middle one being the highest. Gold Price Chart Points to…

Gold’s price swings are now affecting corporate dealmaking, with Perseus Mining’s chief executive saying companies struggle to agree on valuations.  Craig Jones said mergers and acquisitions (M&A) activity remains high, but not many deals are reaching completion. Gold’s Takeover Wave Hits a Valuation Wall Reuters noted that elevated bullion prices have driven a string of…

Morgan Stanley still favors gold on a 12-month view, even after the metal slid toward a seven-week low this week. Amy Gower, its head of metals and mining strategy, named 3 factors that could support prices. Spot gold held near $4,176 on Thursday after a sharp sell-off on Monday. The metal is now down about…

Gold futures have suffered more sharp one-day drops in 2026 than in any year since the global financial crisis. Rising Treasury yields have driven the latest bout of selling, and The Kobeissi Letter says the year could end as gold’s most volatile in over 4 decades. How Rising Yields Knocked Gold Off Balance Bespoke Investment…