Gold Prices

The gold price continues to decline and is at $1935 an ounce on Thursday. Analyst and technical forecaster Richard Perry of Hantec Markets says important support will be tested today which could determine whether a more substantial decline develops.

The gold price is struggling to find traction in either direction and is quoted at $1968 in mid-week trade. Analyst and technical forecaster Richard Perry of Hantec Markets says a bull breakout could still nevertheless be underway.

Gold prices are higher ahead of the weekend at $1954, but analyst and technical forecaster Richard Perry of Hantec Markets says he is still awaiting a conclusive buy signal.

Gold prices are quoted lower once more at $1926 an ounce on Tuesday, pressured by a more robust U.S. Dollar. Analyst and technical forecaster Richard Perry of Hantec Market says support at $1906/$1911 will become ever more important as this week progresses.

Gold prices have opened higher amidst USD weakness on Monday with the precious metal quoted at $1947. Two consecutive negative weekly closes leaves the outlook more mixed, however analyst Richard Perry of Hantec Markets says weakness remains viewed as an opportunity to buy.

Gold prices are back at $2000 a troy ounce on Tuesday as investors retrace the substantial slump suffered a week earlier. Analyst and technical forecaster Richard Perry of Hantec Markets says any weakness in the commodity continues to be seen as a chance to buy.

Gold prices are at $1950 at the start of the new week, consistent with a market that is consolidating following the sharp drops seen a week earlier. Analyst Richard Perry of Hantec Markets says there remains an appetite to buy gold still.

The gold price has endured heightened volatility over the course of the past week but it appears to be settling in the current $1950 vicinity. Analyst and technical forecaster Richard Perry of Hantec Markets says this is a market that is poised for further gains.

The gold price is steadying around the $1928 levels and with the recent sharp move lower likely to have shaken out the "weak bulls" says analysts and technical forecaster Richard Perry of Hantec Markets.

Gold prices dipped sharply lower in early mid-week trade, going as low as $1866 before recovering to current levels around $1929. Analyst and technical forecaster Richard Perry of Hantec Markets says the next real price support at $1789/$1818 could ultimately soon come into play.

Gold is sharply lower on Tuesday having gone below $2000 an ounce. Analyst and technical forecaster Richard Perry of Hantec Markets says the short-term technical outlook continues to deteriorate markedly.

The gold price is quoted at $2032.45 following a stalling last week of its accelerated rally. Analyst and technical forecaster Richard Perry of Hantec Markets says here is a real risk of this turning into something bigger now.

The gold price is at $2056, which puts it just below the recent record highs. Analyst and technical forecaster Richard Perry of Hantec Markets says the market remains heavily overbought but calling a top in the current market remains a difficult ask.

The gold price has advanced a further half a percent on Thursday, analyst and technical forecaster Richard Perry of Hantec Markets says while the trend higher is impressive the asset is now screaming overbought.

Gold prices have cleared $2000 and analyst and technical forecaster Richard Perry of Hantec Markets says the bulls don't show any intention of stopping.

The gold price is quoted at $1977 an ounce on Tuesday. Analyst and technical forecaster Richard Perry of Hantec Markets looks at the market to gauge whether we are seeing a consolidation one the start of a more serious unwind in the precious metal.

The gold price is down slightly on Monday at $1974/ounce but analyst and technical forecaster Richard Perry of Hantec Markets says the bulls remain firmly in control of the precious metal.

Silver prices spiked above $26 during the course of the past 24 hours and we are seeing prices back down at 24.36 at the time of writing in the mid-week session. Analyst and technical forecaster Richard Perry of Hantec Markets looks at silver's recent price action and sees some warning signs written in the charts.

The gold price remains locked in a run of positive daily closes and is currently seen at $1958/ounce. Analyst and technical forecaster Richard Perry of Hantec Markets says despite the move being stretched, the bulls don't yet appear ready to give in.

Gold futures prices have clocked up repeated new record highs of late amid a downturn in the Dollar and uncertainty about the global recovery, although the rally needs the U.S. economy to fend off the spectre of 'deflation' more than anything else if it's to endure.