Gold is currently on bullish momentum. At 07:04 EST on Wednesday, 12 May, Gold is at $1,834.70 and 3.21% up since the last session’s close.
Regarding Gold’s daily highs and lows, it’s 1.13% up from its trailing 7 days low of $1,814.20 and 0.591% down from its trailing 7 days high of $1,845.60.
Gold’s last week, last month’s, and last quarter’s current volatility was 0.63%, 0.25%, and 0.64%, respectively.
Gold’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.67% (last week), 0.55% (last month), and 0.64% (last quarter), respectively.
Commodity Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Gold’s commodity is considered to be oversold (<=20).
Last news about Gold
Clarity gold acquires strategic surface rights over the destiny project in the abitibi region. According to Business Insider on Tuesday, 11 May, "VANCOUVER, British Columbia, May 11, 2021 (GLOBE NEWSWIRE) — Clarity Gold Corp. ("Clarity" or the "Company") (CSE: CLAR, OTC: CLGCF, FSE: 27G) is pleased to announce the purchase of surface rights of two lots for a resulting total area of approximately 82 hectares over a key portion of the Destiny Project in the Abitibi Greenstone Belt in Quebec.", "To learn more about Clarity Gold Corp. and its projects please visit www.claritygoldcorp.com."
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