Gold reached it’s highest point in 3 months this week as prices rose $1,168.80/oz. Despite the fact that this was a strong week for Gold, the price has gone down quite a bit over the course of the year.
It has taken federal reserve longer than expected.
Gold ETF & Physical Gold from October 12th 2014 until October 12th 2015 based on “I Know First” stock forecast algorithm.
Commodities Forecast from September 30th until October 7th 2015 based on “I Know First” stock forecast algorithm.
Gold ETF, Physical Gold from September 28th 2015 until October 5th 2015 based on “I Know First” stock forecast algorithm.
Gold ETF, Physical Gold, Silver and Crude Oil from September 23rd 2015 until September 30th 2015 based on “I Know First” stock forecast algorithm.
Both Gold’s and Platinum’s value continue to fall
Gold ETF, Physical Gold, Silver and Crude Oil from September 22nd until September 29th 2015 based on “I Know First” stock forecast algorithm.
Gold ETF, Physical Gold, Silver and Crude Oil from September 21st until September 28th 2015 based on “I Know First” stock forecast algorithm.
Gold ETF, Physical Gold, Silver and Crude Oil from September 18th 2014 until September 18th 2015 based on “I Know First” stock forecast algorithm.
Commodities prediction from August 26th until September 9th 2015 based on “I Know First” stock forecast algorithm.
On Friday, US reported payrolls data which was expected to provide more information about the timing of the FED interest rate’s rise. Nevertheless, the uncertainty remains and gold price suffers from this uncertainty. Gold reached a 2-1/2-week low on Monday.
Gold ETF, Physical Gold, Silver and Crude Oil from September 5th 2014 until September 5th 2015 based on “I Know First” stock forecast algorithm.
Top 10 commodities for the long position from August 27th 2015 (before market opening) until September 3rd 2015 based on “I Know First” stock forecast algorithm
Gold ETF, Physical Gold, from July 31st 2015 until August 31st 2015 based on “I Know First” stock forecast algorithm.
Top 10 commodities for the long position from August 26th 2015 (before market opening) until August 29th 2015 based on “I Know First” stock forecast algorithm
The Federal Reserve signaled the possibility of more monetary stimulus, boosting bullion’s appeal as a hedge against possible inflation, in turn resulting in Gold futures rising for the first time this week.
Top 10 commodities for the short positions from May 22nd 2015 (before market opening) until August 22nd 2015 based on “I Know First” stock forecast algorithm
Besides the impact of the Yuan devaluation, the Federal meeting has also played a key role on the gold climbs. Gold have reached its 5 weeks higher level recovering from its lower value on July 5th.
