The spot price of Gold per Troy Ounce and the date and time of the price is shown below the calculator. If your browser is configured to accept Cookies you will see a button at the bottom . Our leading indicator analysis above suggests the following for our gold price forecast for 2019: the COT report says gold is near a major bottom and that gold will not dip below $1200 in the next few months going into 2019, the real inflation rate is mildly bullish, the Euro is not showing signs of wild moves.Author: Taki Tsaklanos.
There is excellent support between $15.65 – $15.80. The pieces for a bottom are in place. Silver Price Daily Chart. Like gold, silver prices formed a bearish engulfing candle (possible last engulfing bottom) on Friday and made a new marginal low. Closing above $16.02 is the first step in establishing a low. Platinum Price Long-Term Chart. Is this a gold price bottom or is the price of gold moving towards $1000 in line with our gold price forecast 2017? It is getting interesting in the gold market. Readers are asking us whether we believe gold has bottomed, because it retraced some 15 pct. from its August top. While that could be true, it is no guarantee for any future price movement.Author: Taki Tsaklanos.
What Causes the Price of Gold to Go Up? A hundred years ago, gold sold for just $20 per ounce. In recent years gold has traded between $1,200 and $1,900 per ounce. That’s a huge move up in nominal terms over the past century. Yet in real terms gold prices today aren’t much different from what they were when they were last quoted at $20 an ounce.Author: Stefan Gleason. 5 days ago · The precious metal has gained 27.5% since Grayscale rebranded its website urging investors to dump gold for Bitcoin.