Spot Gold

XAU/USD - Gold price is widely followed in financial markets around the world. Gold was the basis of economic capitalism for hundreds of years until the repeal of the Gold standard, which led to the expansion of a fiat currency system in which paper money doesn't have an implied backing with any physical form of monetization. AU is the code for Gold on the Periodic table of elements, and the price above is Gold quoted in US Dollars, which is the common yardstick for measuring the value of Gold across the world.
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XAUUSD chart

XAUUSD chart by TradingView

IGCS: IG Client Sentiment data provided by IG


Last Week
4.37
Current
---
Chg. Open Interest
-2.2%
Outlook
Bearish

Pivot Points data provided by IG

Support & Resistance

XAU/USD
S11263.00 W R31297.60 M
S21249.62 S R21285.90 S
S31240.20 M R11277.00 W
Trend
up

News


Weekly Trading Forecast: A New Front on Trade Wars Will Test Risk Trends, Dollar

Risk assets have broadly notched a week of retreat as trade wars have spread into the developed world economy. Themes are of greater consequence than specific data in the week ahead, but that poses more systemic threat than one-off indicators could have roused.
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Gold Price Sell-off Deepens despite Rising Tariff, Trade War Concerns


Charts for Next Week: USD (DXY), EURUSD, Gold, Crude Oil Price & More


Crude Oil Prices May Fall Even If OPEC+ Output Boost Talks Fail


Gold & Silver Price Forecast – Extended but at Risk of More Losses


Real Time News




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Market Datadata provided by IG

Symbol Bid Ask Spread
Market Data figures are provided for the trading day.
Symbol Bid Ask Spread
Market Data figures are provided for the trading day.

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