Gold price: per ounce, calculator, news and analysis
The gold price broke though a key resistance levelNovember 23, 2020 Update: Following the news about AstraZeneca’s COVID-19 vaccine, the gold price tumbled to $1,832 an ounce before bouncing, although it bounced back above the key resistance level it broke by falling to $1,832. Credit Suisse analysts noted that gold was back in its consolidation range from August, but they flagged the key support level at $1,837 to hold further weakness. That’s the 38.2% retracement of the March rally.Credit Suisse analysts said the gold price would need to climb back above $1,966 in order for $2,016 to be in ...