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Gold Bullish Momentum: 0.39% Up Since The Last Session

ViaNews Editorial Team

January 12, 2021

Gold Bullish Momentum: 0.39% Up Since The Last Session

Gold is currently on bullish momentum. At 01:00 EST on Tuesday, 12 January, Gold is at $1,858.00 and 0.39% up since the last session's close.

Gold Range

Gold is 0.759% up from its last session low of $1,844.00 and 0.476% up from its last session high of $1,849.20.

Gold is 3.15% down from its last three sessions higher value of $1,918.40 and is 1.65% up from its last three sessions lower value of $1,827.80.

Gold is 5.16% down from its last seven sessions higher value of $1,959.00 and is 1.65% up from its last seven sessions lower value of $1,827.80.

Gold is 5.16% down from its last month's higher value of $1,959.00 and is 1.65% 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 0.72%, a negative 0.61%, and a positive 0.38%, respectively.

Gold's last day, last week, and last month's high and low average amplitude percentage was 0.28%, 1.28%, and 0.57%, respectively.

Last news about Gold

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, "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. ", "New Placer Dome's flagship Kinsley Mountain Gold Project, located 90 km south of the Long Canyon Mine (currently in production under the Newmont/Barrick Joint Venture), hosts Carlin-style gold mineralization, previous run of mine heap leach production, and NI 43-101 indicated resources containing 418,000 ounces of gold grading 2.63 g/t Au (4.95 million tonnes) and inferred resources containing 117,000 ounces of gold averaging 1.51 g/t Au (2.44 million tonnes)2. "

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 the US Dollar continues to pullback, Gold prices have been offered aggressively over the past few trading days as the yellow metal has pushed down to a fresh monthly low."

In this story · Knowledge Files

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.