{"id":118829,"date":"2024-04-08T08:30:04","date_gmt":"2024-04-08T08:30:04","guid":{"rendered":"https:\/\/kinesis.money\/?p=118829"},"modified":"2024-04-08T08:30:04","modified_gmt":"2024-04-08T08:30:04","slug":"gold-ath-bullish-momentum-continues","status":"publish","type":"post","link":"https:\/\/kinesis.money\/pt-br\/market-analysis\/gold-news\/gold-ath-bullish-momentum-continues\/","title":{"rendered":"Gold Price News: Gold Hits All-Time High As Bullish Momentum Continues"},"content":{"rendered":"\n

Gold prices powered up to another all-time high on Friday, with the market supported by geopolitical tensions and bets on upcoming interest rate cuts.<\/p>\n\n\n\n

Prices hit a new all-time high of $2,330 an ounce on Friday, compared with around $2,290 an ounce<\/a> in late deals on Thursday. Gold\u2019s price direction showed a dramatic within-day turnaround, with a dip to as low as $2,268 an ounce in Asian hours before rebounding sharply to hit the fresh highs by early evening European time.<\/p>\n\n\n\n

\"\"
Kinesis Exchange KAU\/USD 1-hourly<\/figcaption><\/figure>\n\n\n\n

Geopolitical factors appeared to be the main driver, with ongoing hostilities in the Middle East and Ukraine injecting a risk premium into the gold price. Ukraine carried out a drone attack against the Morozovsk air base in Russia on Friday, which destroyed six Russian planes and badly damaged a further eight, according to news reports.<\/p>\n\n\n\n

On the economic side, US Non-Farm Payrolls figures released Friday showed that the US economy added 303,000 jobs in March, the most in ten months and well above expectations of 200,000. Ordinarily these figures would be expected to be bearish for gold prices as they imply a stronger than expected economy, strengthening the case for a higher-for-longer stance on interest rates by the US Fed.<\/p>\n\n\n\n

Nevertheless, gold prices appeared to ignore the latest macro figures, with momentum still with the bulls as prices soared to fresh all-time highs.<\/p>\n\n\n\n

US inflation remains a key determinant for gold prices as the US Fed is expected to want to see evidence that inflation has come down towards its target before starting an interest rate cutting cycle. In that context, the markets will be watching out for US inflation figures due out on Wednesday this week to help gauge the path for monetary policy in the coming months.<\/p>\n\n\n\t\t\t

\n\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\t

Frank\u2019s experience covering the commodities markets spans 22 years, with a particular specialism in metals, carbon and energy markets.\u00a0<\/em>He has worked as a senior editor for S&P Global Commodity Insights<\/a>\u00a0(formerly Platts) and before this, at ICIS-LOR, a part of Reed Business Information (Reed Elsevier), where he covered the petrochemicals markets from 2003 to 2005.<\/em><\/p>\n

This publication is for informational purposes only and is not intended to be a solicitation, offering or recommendation of any security, commodity, derivative, investment management service or advisory service and is not commodity trading advice. This publication does not intend to provide investment, tax or legal advice on either a general or specific basis.<\/i>
\n<\/i><\/p>\n

Read our Editorial Guidelines\u00a0<\/i>here.<\/a><\/i><\/p>\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t","protected":false},"excerpt":{"rendered":"

Gold prices powered up to another all-time high on Friday, with the market supported by geopolitical tensions and bets on upcoming interest rate cuts.<\/p>\n","protected":false},"author":50,"featured_media":118857,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[215,91],"tags":[],"class_list":["post-118829","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gold-news","category-market-analysis"],"acf":[],"yoast_head":"\nGold Hits All-Time High As Bullish Momentum Continues | Kinesis<\/title>\n<meta name=\"description\" content=\"Discover Kinesis' gold news analysis for today, Monday 8th of April 2024, from leading precious metals analyst Frank Watson.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"pt_BR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gold Hits All-Time High As Bullish Momentum Continues\" \/>\n<meta property=\"og:description\" content=\"Discover Kinesis' gold news analysis for today, Monday 8th of April 2024, from leading precious metals analyst Frank Watson.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kinesis.money\/market-analysis\/gold-ath-bullish-momentum-continues\/\" \/>\n<meta property=\"og:site_name\" content=\"Kinesis\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-08T08:30:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/04\/gold-news-feature-image-Gold-Hits-All-Time-High-As-Bullish-Momentum-Continues.png\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"529\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Frank Watson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Gold Price News: Gold Hits All-Time High As Bullish Momentum Continues\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"Frank Watson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. tempo de leitura\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/gold-ath-bullish-momentum-continues\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/gold-ath-bullish-momentum-continues\\\/\"},\"author\":{\"name\":\"Frank Watson\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/#\\\/schema\\\/person\\\/11c4884f9d074d6831f53e287228bf52\"},\"headline\":\"Gold Price News: Gold Hits All-Time High As Bullish Momentum Continues\",\"datePublished\":\"2024-04-08T08:30:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/gold-ath-bullish-momentum-continues\\\/\"},\"wordCount\":302,\"image\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/gold-ath-bullish-momentum-continues\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/kinesis.money\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/gold-news-feature-image-Gold-Hits-All-Time-High-As-Bullish-Momentum-Continues.png\",\"articleSection\":[\"Gold News\",\"Market Analysis\"],\"inLanguage\":\"pt-BR\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/gold-ath-bullish-momentum-continues\\\/\",\"url\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/gold-ath-bullish-momentum-continues\\\/\",\"name\":\"Gold Hits All-Time High As Bullish Momentum Continues | Kinesis\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/gold-ath-bullish-momentum-continues\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/gold-ath-bullish-momentum-continues\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/kinesis.money\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/gold-news-feature-image-Gold-Hits-All-Time-High-As-Bullish-Momentum-Continues.png\",\"datePublished\":\"2024-04-08T08:30:04+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/#\\\/schema\\\/person\\\/11c4884f9d074d6831f53e287228bf52\"},\"description\":\"Discover Kinesis' gold news analysis for today, Monday 8th of April 2024, from leading precious metals analyst Frank Watson.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/gold-ath-bullish-momentum-continues\\\/#breadcrumb\"},\"inLanguage\":\"pt-BR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/gold-ath-bullish-momentum-continues\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"pt-BR\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/gold-ath-bullish-momentum-continues\\\/#primaryimage\",\"url\":\"https:\\\/\\\/kinesis.money\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/gold-news-feature-image-Gold-Hits-All-Time-High-As-Bullish-Momentum-Continues.png\",\"contentUrl\":\"https:\\\/\\\/kinesis.money\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/gold-news-feature-image-Gold-Hits-All-Time-High-As-Bullish-Momentum-Continues.png\",\"width\":960,\"height\":529},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/market-analysis\\\/gold-ath-bullish-momentum-continues\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/kinesis.money\\\/pt-br\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gold Price News: Gold Hits All-Time High As Bullish Momentum Continues\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/#website\",\"url\":\"https:\\\/\\\/kinesis.money\\\/\",\"name\":\"Kinesis\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/kinesis.money\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"pt-BR\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/kinesis.money\\\/#\\\/schema\\\/person\\\/11c4884f9d074d6831f53e287228bf52\",\"name\":\"Frank Watson\",\"description\":\"Frank\u2019s experience covering the commodities markets spans 22 years, with a particular specialism in metals, carbon and energy markets. He has worked as a senior editor for S&P Global Commodity Insights (formerly Platts) and before this, at ICIS-LOR, a part of Reed Business Information (Reed Elsevier), where he covered the petrochemicals markets from 2003 to 2005.\u00a0 Earlier in his career, Frank covered precious metals, base metals and energy markets, writing for AFX News (Agence France-Presse), the English-speaking financial arm of the French state-owned news agency, AFP. He produced daily precious and base metals market reports for AFX News, focused on key market movements and the factors shaping price evolution. He holds a BA in Graphic Design with Photography from the University of Wolverhampton and an MSC in Information Systems from the University of Sheffield.\u00a0\",\"jobTitle\":\"Precious Metals Market Analyst\",\"url\":\"https:\\\/\\\/kinesis.money\\\/pt-br\\\/author\\\/frankwatson\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Gold Hits All-Time High As Bullish Momentum Continues | Kinesis","description":"Discover Kinesis' gold news analysis for today, Monday 8th of April 2024, from leading precious metals analyst Frank Watson.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"pt_BR","og_type":"article","og_title":"Gold Hits All-Time High As Bullish Momentum Continues","og_description":"Discover Kinesis' gold news analysis for today, Monday 8th of April 2024, from leading precious metals analyst Frank Watson.","og_url":"https:\/\/kinesis.money\/market-analysis\/gold-ath-bullish-momentum-continues\/","og_site_name":"Kinesis","article_published_time":"2024-04-08T08:30:04+00:00","og_image":[{"width":960,"height":529,"url":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/04\/gold-news-feature-image-Gold-Hits-All-Time-High-As-Bullish-Momentum-Continues.png","type":"image\/png"}],"author":"Frank Watson","twitter_card":"summary_large_image","twitter_title":"Gold Price News: Gold Hits All-Time High As Bullish Momentum Continues","twitter_misc":{"Escrito por":"Frank Watson","Est. tempo de leitura":"3 minutos"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/kinesis.money\/market-analysis\/gold-ath-bullish-momentum-continues\/#article","isPartOf":{"@id":"https:\/\/kinesis.money\/market-analysis\/gold-ath-bullish-momentum-continues\/"},"author":{"name":"Frank Watson","@id":"https:\/\/kinesis.money\/#\/schema\/person\/11c4884f9d074d6831f53e287228bf52"},"headline":"Gold Price News: Gold Hits All-Time High As Bullish Momentum Continues","datePublished":"2024-04-08T08:30:04+00:00","mainEntityOfPage":{"@id":"https:\/\/kinesis.money\/market-analysis\/gold-ath-bullish-momentum-continues\/"},"wordCount":302,"image":{"@id":"https:\/\/kinesis.money\/market-analysis\/gold-ath-bullish-momentum-continues\/#primaryimage"},"thumbnailUrl":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/04\/gold-news-feature-image-Gold-Hits-All-Time-High-As-Bullish-Momentum-Continues.png","articleSection":["Gold News","Market Analysis"],"inLanguage":"pt-BR","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/kinesis.money\/#organization"}},{"@type":"WebPage","@id":"https:\/\/kinesis.money\/market-analysis\/gold-ath-bullish-momentum-continues\/","url":"https:\/\/kinesis.money\/market-analysis\/gold-ath-bullish-momentum-continues\/","name":"Gold Hits All-Time High As Bullish Momentum Continues | Kinesis","isPartOf":{"@id":"https:\/\/kinesis.money\/#website"},"primaryImageOfPage":{"@id":"https:\/\/kinesis.money\/market-analysis\/gold-ath-bullish-momentum-continues\/#primaryimage"},"image":{"@id":"https:\/\/kinesis.money\/market-analysis\/gold-ath-bullish-momentum-continues\/#primaryimage"},"thumbnailUrl":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/04\/gold-news-feature-image-Gold-Hits-All-Time-High-As-Bullish-Momentum-Continues.png","datePublished":"2024-04-08T08:30:04+00:00","author":{"@id":"https:\/\/kinesis.money\/#\/schema\/person\/11c4884f9d074d6831f53e287228bf52"},"description":"Discover Kinesis' gold news analysis for today, Monday 8th of April 2024, from leading precious metals analyst Frank Watson.","breadcrumb":{"@id":"https:\/\/kinesis.money\/market-analysis\/gold-ath-bullish-momentum-continues\/#breadcrumb"},"inLanguage":"pt-BR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/kinesis.money\/market-analysis\/gold-ath-bullish-momentum-continues\/"]}]},{"@type":"ImageObject","inLanguage":"pt-BR","@id":"https:\/\/kinesis.money\/market-analysis\/gold-ath-bullish-momentum-continues\/#primaryimage","url":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/04\/gold-news-feature-image-Gold-Hits-All-Time-High-As-Bullish-Momentum-Continues.png","contentUrl":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/04\/gold-news-feature-image-Gold-Hits-All-Time-High-As-Bullish-Momentum-Continues.png","width":960,"height":529},{"@type":"BreadcrumbList","@id":"https:\/\/kinesis.money\/market-analysis\/gold-ath-bullish-momentum-continues\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/kinesis.money\/pt-br\/"},{"@type":"ListItem","position":2,"name":"Gold Price News: Gold Hits All-Time High As Bullish Momentum Continues"}]},{"@type":"WebSite","@id":"https:\/\/kinesis.money\/#website","url":"https:\/\/kinesis.money\/","name":"Kinesis","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/kinesis.money\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"pt-BR"},{"@type":"Person","@id":"https:\/\/kinesis.money\/#\/schema\/person\/11c4884f9d074d6831f53e287228bf52","name":"Frank Watson","description":"Frank\u2019s experience covering the commodities markets spans 22 years, with a particular specialism in metals, carbon and energy markets. He has worked as a senior editor for S&P Global Commodity Insights (formerly Platts) and before this, at ICIS-LOR, a part of Reed Business Information (Reed Elsevier), where he covered the petrochemicals markets from 2003 to 2005.\u00a0 Earlier in his career, Frank covered precious metals, base metals and energy markets, writing for AFX News (Agence France-Presse), the English-speaking financial arm of the French state-owned news agency, AFP. He produced daily precious and base metals market reports for AFX News, focused on key market movements and the factors shaping price evolution. He holds a BA in Graphic Design with Photography from the University of Wolverhampton and an MSC in Information Systems from the University of Sheffield.\u00a0","jobTitle":"Precious Metals Market Analyst","url":"https:\/\/kinesis.money\/pt-br\/author\/frankwatson\/"}]}},"post_thumbnails":{"large":"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/04\/gold-news-feature-image-Gold-Hits-All-Time-High-As-Bullish-Momentum-Continues.png","small":""},"_links":{"self":[{"href":"https:\/\/kinesis.money\/pt-br\/wp-json\/wp\/v2\/posts\/118829","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kinesis.money\/pt-br\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kinesis.money\/pt-br\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kinesis.money\/pt-br\/wp-json\/wp\/v2\/users\/50"}],"replies":[{"embeddable":true,"href":"https:\/\/kinesis.money\/pt-br\/wp-json\/wp\/v2\/comments?post=118829"}],"version-history":[{"count":0,"href":"https:\/\/kinesis.money\/pt-br\/wp-json\/wp\/v2\/posts\/118829\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kinesis.money\/pt-br\/wp-json\/wp\/v2\/media\/118857"}],"wp:attachment":[{"href":"https:\/\/kinesis.money\/pt-br\/wp-json\/wp\/v2\/media?parent=118829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kinesis.money\/pt-br\/wp-json\/wp\/v2\/categories?post=118829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kinesis.money\/pt-br\/wp-json\/wp\/v2\/tags?post=118829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}