20th May 2025

Gold Down as Rate Cuts in Australia and China Boost Risk Appetite

Gold declined in today’s Asian trading, with risk appetite supported by interest rate cuts in China and Australia. Both countries aim to stimulate domestic economic growth amid increasing global uncertainties, while the United States continues undeterred with its tariff policies. Nonetheless, gold remains well above the key threshold of $3,000 per ounce.Source: Investing.com

19th May 2025

Market Sentiment Continues to Shift, Gold Under Pressure

The decline in gold prices could continue this week, as the market adopts a wait-and-see approach amid changing investor sentiment. Gold is searching for a new support level above $3,200 per ounce, while current prices are down 9% from last month's all-time high of $3,500.Source: Kitco News

16th May 2025

Gold: Testing the $3,200 per Ounce Threshold

A new correction is underway for June gold futures. After yesterday’s rebound above the $3,200 mark, this morning the yellow metal failed to hold the resistance level at $3,260–$3,270 and has returned to test the key threshold of $3,200. Further declines could push gold to retest the psychological level set at $3,000; while any potential upward movement would require a consolidation above $3,270.
Source: Milano Finanza