Gold is currently on bearish momentum. At 18:00 EST on Monday, 11 January, Gold is at $1,843.80 and 0.38% down since the last session’s close.

Gold Range

Gold is 0.071% up from its last session low of $1,842.50 and 0.657% down from its last session high of $1,856.00.

Gold is 3.89% down from its last three sessions higher value of $1,918.40 and is 0.88% up from its last three sessions lower value of $1,827.80.

Gold is 5.88% down from its last seven sessions higher value of $1,959.00 and is 0.88% up from its last seven sessions lower value of $1,827.80.

Gold is 5.88% down from its last month’s higher value of $1,959.00 and is 0.88% up from its last month’s lower value of $1,827.80.

Volatility

Gold’s last day, last week, and last month’s average volatility was a positive 0.52%, a negative 0.65%, and a positive 0.42%, respectively.

Gold’s last day, last week, and last month’s high and low average amplitude percentage was 0.73%, 1.29%, and 0.56%, respectively.

Last news about Gold

Wasamac gold mine project – public comments invited and virtual information sessions. According to Business Insider on Friday, 8 January, "OTTAWA, Jan. 8, 2021 /CNW/ -TheImpact Assessment Agency of Canada (the Agency) decided an impact assessment is required for the proposed Wasamac Gold Mine Project, located approximately 15 kilometres from downtown Rouyn-Noranda, Quebec.", "The draft Guidelines outline the project-specific factors that will be considered in the assessment and provide direction to the proponent,Monarch Gold Corporation, on the information and studies required in its Impact Statement. "

Gold bond issue price fixed at rs 5,104 per gram. According to Bloomberg Quint on Friday, 8 January, "The issue price for the Sovereign Gold Bond has been fixed at Rs 5,104 per gram of gold, the Reserve Bank of India said in a statement on Friday.", "The bonds are denominated in multiples of grams of gold with a basic unit of 1 gram and the tenor of the Sovereign Gold Bond will be eight years with exit option after fifth years to be exercised on the interest payment dates."

Magna gold corp. clarifies certain technical disclosure. According to Business Insider on Friday, 8 January, "TORONTO, Jan. 8, 2021 /PRNewswire/ -Magna Gold Corp. (TSXV: MGR), (OTCQB: MGLQF) ("Magna" or the "Company") announces that, as a result of a review by staff of the Ontario Securities Commission, it is issuing the following news release regarding the Company’s technical disclosure in respect of the Company’s Mercedes property (the "Mercedes Property"). ", "Magna Gold Corp. is a Canadian gold company engaged in operations, development, exploration and acquisitions in Mexico. "

New placer dome gold corp. drills 6.1 metres of 10.22 g/t gold, expanding gold mineralization at its kinsley project in Nevada. According to Business Insider on Monday, 11 January, "New Placer Dome follows industry standard procedures for the work carried out on the Kinsley Mountain Gold Project, with a quality assurance/quality control (QA/QC) program. ", "VANCOUVER, BC, Jan. 11, 2021 /CNW/ -New Placer Dome Gold Corp. ("New Placer Dome" or the "Company") (TSXV: NGLD) (OTCQB: NPDCF) (FSE: BM5) is pleased to report assay results for the initial nine reverse circulation ("RC") drill holes completed during 2020 at its flagship Kinsley Mountain Gold Project ("Kinsley Mountain") in mining friendly Nevada. "

Gold price forecast: xau/usd grasps for support after bearish engulf. According to DailyFX on Monday, 11 January, "The bearish engulfing formation that printed last week brings on the prospect of fresh lows in Gold prices, with focus on the late-November swing around 1764.", "As looked at in this week’s technical forecast, the first weekly bar in Gold for 2021 printed as a bearish engulfing formation, which will often be approached with the aim of bearish continuation. "

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