Gold Prices Surge to Over Seven-Year High; Gold and Silver T+D Both Rise in Evening Session

Bullish Surge! Gold Soars Above $1,720—This Factor Could Be the Biggest Driver of the Rally

On Monday, April 13, gold prices surged by more than 1.5% at one point, reaching their highest level in over seven years, as panicked investors flocked to the safe-haven metal amid concerns that the coronavirus would deal a blow to the global economy and U.S. corporate earnings.

Gold Prices Soar, Breaking Key Target Levels! Latest Technical Analysis: Gold Could Surge Another $50

On Monday (April 13), spot gold surged, with prices climbing by more than 1.5% during the session to reach their highest level in over seven years.

U.S. COVID-19 Situation Improving Soon; Italy Aims to Resume Normal Life—Paper Gold and Paper Silver Show Mixed Movements in Asian Trading

Industrial and Commercial Bank of China (601398, stock forum) paper gold saw mixed performance in early Asian trading on Thursday, April 9. On Wednesday, international spot gold opened at $1,646.50 per ounce in the Asian session, climbed as high as $1,656.20 per ounce, dipped to a low of $1,640.63 per ounce, and closed at $1,644.39 per ounce, down $2.01 or 0.12%.

Decision Analysis: Breaking News! Disagreements Remain Over Tsarist Russia’s Production-Cut Plan, Crude Oil Continues to Rally, and Gold Suddenly Accelerates Higher

From 07:00 to 15:00 on Thursday, April 9, during the Asian session, the U.S. dollar index has been trading in a very narrow range, but is now showing signs of an accelerated pullback, currently hovering around 100.10.

[Gold Closing] U.S. Confirms Over 420,000 Cases; Trump and “America’s Zhong Nanshan” Predict Peak Soon—Gold Struggles at High Levels

Gold prices held steady on Wednesday, April 8, as markets anticipate that the U.S. COVID-19 outbreak is nearing its peak.