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GOLD

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    19509.4695$
  • Previous Close
    20166.9705$
  • 52 Week Change
    11701.36$
  • Day Range
    -657.50$
  • 52 Week High/Low
    11738.645$ - 23440$
  • Dividend Per Share
    0.0002
  • Market cap
    797 M$
  • EPS
    --
  • Beta
    0.007
  • Volume
    --

About

GOLD.TA refers to the SGX FTSE Gold Index Total Return, which tracks the total return performance of physical gold bullion, factored by the daily interest rate returns. It represents the total return an investor would have received from holding physical gold. This is distinct from tracking gold mining companies or funds that invest in gold futures.

Gold Intraday: look for 4580.

Short positions below 4695 with targets at 4580 & 4540 in extension.

2026 Apr 02 23:27
Gold
  • Our preference: short positions below 4695 with targets at 4580 & 4540 in extension.
  • Alternative scenario: above 4695 look for further upside with 4750 & 4800 as targets.
  • Comment: as long as the resistance at 4695 is not surpassed, the risk of the break below 4580 remains high.

Supports and resistances:

  • 4800 - Resistance *
  • 4750 - Resistance **
  • 4695 - Resistance ***
  • 4676 Last - Last
  • 4580 - Support ***
  • 4540 - Support **
  • 4485 - Support *

Factors

Interest Rates: Higher interest rates often decrease gold demand, as investors prefer interest-bearing assets.

Inflation: Gold is seen as an inflation hedge; rising inflation can increase its price.

US Dollar Strength: A strong US dollar typically weakens gold prices, as it's priced in dollars.

Geopolitical Instability: Uncertainty and crises boost gold's safe-haven appeal.

Central Bank Activity: Buying or selling gold by central banks impacts supply and demand.

Mining Production: Increased gold production can put downward pressure on prices.

Jewelry Demand: Demand from major jewelry markets like India and China influences price.

Technology Demand: Gold is used in electronics; technological advancements affect demand.

Investor Sentiment: Speculation and investment fund flows drive price fluctuations.

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