GOLD: Safe-haven to Stay

XAUUSD Gold Traders

$Gold - main 2504(GCmain)$ $XAU/USD(XAUUSD.FOREX)$ Monday (March 24) Asian morning trading, spot gold narrow oscillation, currently trading at 3025.54 U.S. dollars near. Gold prices fell 0.7% on Friday, due to a stronger U.S. dollar and profit-taking, the plate once touched the 3000 round number mark, but the lingering geopolitical and economic uncertainty, coupled with the Federal Reserve's expected interest rate cuts, the price of gold is still subject to the low buyers and safe-haven buyers to support, on Friday, the price of gold closed at $ 3023.04 near the weekly rise of 1.17% for the third consecutive weekly rise.

Survey shows that most analysts and retail investors still tend to bullish gold price trend in the coming week.

Traditionally, gold is seen as a safe investment in times of geopolitical and economic uncertainty, and typically performs strongly in low interest rate environments. This year, gold has hit 16 all-time highs, reaching an all-time high of $3,057.21 an ounce on Thursday.

‘The market is taking a little breather. There is some profit-taking at current price levels and a stronger dollar,’

Join Tiger Futures Club to know more about trading futures!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

76

2

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":416822937035096,"tweetId":"416822937035096","gmtCreate":1742792115604,"gmtModify":1742794201043,"author":{"id":10000000000010924,"idStr":"10000000000010924","authorId":10000000000010924,"authorIdStr":"10000000000010924","name":"XAUUSD Gold Traders","avatar":"https://community-static.tradeup.com/news/6ec329fddcb95dc0e61a33a6a2b637a9","vip":8,"userType":8,"introduction":"，","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":251,"starInvestorFlag":false},"themes":[{"themeId":"3532cf4850a64871bb9c3732eadc7935","categoryId":"770db9836d2348e6a2ce970784159449","name":"Futures Club","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":3532cf4850a64871bb9c3732eadc7935}&rnconfig={\"headerBarHidden\": true}","description":"Join Tiger Futures Club to know more about trading futures!","image":"https://static.tigerbbs.com/75a8315d7e7eae7e9f81266314b5d0df"}],"images":[],"coverImages":[],"title":"GOLD: Safe-haven to Stay","html":"<html><head></head><body><p> <a data-mention-id=\"GCmain\" class=\"teditor-mention\" data-mention-name=\"Gold - main 2504\" href=\"https://ttm.financial/FUT/GCmain\">$Gold - main 2504(GCmain)$</a>  <a data-mention-id=\"XAUUSD.FOREX\" class=\"teditor-mention\" data-mention-name=\"XAU/USD\" href=\"https://ttm.financial/S/XAUUSD.FOREX\">$XAU/USD(XAUUSD.FOREX)$</a> Monday (March 24) Asian morning trading, spot gold narrow oscillation, currently trading at 3025.54 U.S. dollars near. Gold prices fell 0.7% on Friday, due to a stronger U.S. dollar and profit-taking, the plate once touched the 3000 round number mark, but the lingering geopolitical and economic uncertainty, coupled with the Federal Reserve's expected interest rate cuts, the price of gold is still subject to the low buyers and safe-haven buyers to support, on Friday, the price of gold closed at $ 3023.04 near the weekly rise of 1.17% for the third consecutive weekly rise.</p><p>Survey shows that most analysts and retail investors still tend to bullish gold price trend in the coming week.</p><p>Traditionally, gold is seen as a safe investment in times of geopolitical and economic uncertainty, and typically performs strongly in low interest rate environments. This year, gold has hit 16 all-time highs, reaching an all-time high of $3,057.21 an ounce on Thursday.</p><p>‘The market is taking a little breather. There is some profit-taking at current price levels and a stronger dollar,’</p><p></p></body></html>","htmlText":"<html><head></head><body><p> <a data-mention-id=\"GCmain\" class=\"teditor-mention\" data-mention-name=\"Gold - main 2504\" href=\"https://ttm.financial/FUT/GCmain\">$Gold - main 2504(GCmain)$</a>  <a data-mention-id=\"XAUUSD.FOREX\" class=\"teditor-mention\" data-mention-name=\"XAU/USD\" href=\"https://ttm.financial/S/XAUUSD.FOREX\">$XAU/USD(XAUUSD.FOREX)$</a> Monday (March 24) Asian morning trading, spot gold narrow oscillation, currently trading at 3025.54 U.S. dollars near. Gold prices fell 0.7% on Friday, due to a stronger U.S. dollar and profit-taking, the plate once touched the 3000 round number mark, but the lingering geopolitical and economic uncertainty, coupled with the Federal Reserve's expected interest rate cuts, the price of gold is still subject to the low buyers and safe-haven buyers to support, on Friday, the price of gold closed at $ 3023.04 near the weekly rise of 1.17% for the third consecutive weekly rise.</p><p>Survey shows that most analysts and retail investors still tend to bullish gold price trend in the coming week.</p><p>Traditionally, gold is seen as a safe investment in times of geopolitical and economic uncertainty, and typically performs strongly in low interest rate environments. This year, gold has hit 16 all-time highs, reaching an all-time high of $3,057.21 an ounce on Thursday.</p><p>‘The market is taking a little breather. There is some profit-taking at current price levels and a stronger dollar,’</p><p></p></body></html>","text":"$Gold - main 2504(GCmain)$ $XAU/USD(XAUUSD.FOREX)$ Monday (March 24) Asian morning trading, spot gold narrow oscillation, currently trading at 3025.54 U.S. dollars near. Gold prices fell 0.7% on Friday, due to a stronger U.S. dollar and profit-taking, the plate once touched the 3000 round number mark, but the lingering geopolitical and economic uncertainty, coupled with the Federal Reserve's expected interest rate cuts, the price of gold is still subject to the low buyers and safe-haven buyers to support, on Friday, the price of gold closed at $ 3023.04 near the weekly rise of 1.17% for the third consecutive weekly rise. Survey shows that most analysts and retail investors still tend to bullish gold price trend in the coming week. Traditionally, gold is seen as a safe investment in times of geopolitical and economic uncertainty, and typically performs strongly in low interest rate environments. This year, gold has hit 16 all-time highs, reaching an all-time high of $3,057.21 an ounce on Thursday. ‘The market is taking a little breather. There is some profit-taking at current price levels and a stronger dollar,’","highlighted":1,"essential":1,"paper":2,"likeSize":76,"commentSize":0,"repostSize":2,"favoriteSize":0,"link":"https://ttm.financial/post/416822937035096","repostId":0,"isVote":1,"tweetType":1,"viewCount":447,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["XAUUSD.FOREX","GCmain"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":950,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/416822937035096"}