Gold is currently on bullish momentum. At 05:00 EST on Tuesday, 5 January, Gold is at $1,951.60 and 0.26% up since the last session's close.
Gold Range
Gold is 0.339% up from its last session low of $1,945.00 and 0.123% up from its last session high of $1,949.20.
Gold is 0.12% up from its last three sessions higher value of $1,949.20 and is 3.31% up from its last three sessions lower value of $1,889.10.
Gold is 0.12% up from its last seven sessions higher value of $1,949.20 and is 3.99% up from its last seven sessions lower value of $1,876.80.
Gold is 0.12% up from its last month's higher value of $1,949.20 and is 6.83% up from its last month's lower value of $1,826.80.
Volatility
Gold's last day, last week, and last month's average volatility was 2.75%, 1.19%, and 0.51%, respectively.
Gold's last day, last week, and last month's high and low average amplitude percentage was 0.22%, 0.40%, and 0.37%, respectively.
Last news about Gold
Gold miner etfs surge to ring in the new year. According to MarketWatch on Monday, 4 January, "The iShares MSCI Global Gold Miners ETF jumped 6.5% in midmorning trade, while the VanEck Vectors Gold Miners ETF was up 5.5% and the Sprott Gold Miners ETF gained 4.6%. "
Gold price forecast: xau/usd surges up to fibonacci resistance. According to DailyFX on Monday, 4 January, "If bulls are able to retain control of this Gold breakout in early-2021 trade, the next big levels of potential resistance may show around 1965, which is the current three-month-high; followed by 1979 which is the 23.6% Fibonacci retracement of the same June-August major move. ", "But the first full trading day of 2021 has seen that topside theme take over again, as Gold prices have broken out above both 1900 and 1920, eventually finding resistance at 1943.41, which is the 14.4% Fibonacci retracement of the 2018-2020 major move (shown in blue on the below chart)."
Asia stocks to drop on virus spike; gold rallies: markets wrap. According to Bloomberg Quint on Monday, 4 January, "Asia stocks are set to decline Tuesday amid concern that a surge in global coronavirus cases could crimp the nascent economic recovery and ahead of key runoff elections in the U.S. Gold rallied."