Bank reiterates forecast for the jump to $3,000 an ounce next year. Trump’s policies may augment metal’s bull case, Goldman says. Bloomberg chart on Gold projection by Goldman Sachs Gold will rallyRead More
Gold was in overbought territory for the past three sessions, as concerns over the US election, and Mideast conflict sparked a massive demand that consequently led to a new record high. Gold priceRead More
In addition to gold stocking, China sold a record sum of US debt amid a clear sign of diversification! Tweet on China’s gold surge Gold’s share in China’s reserves has risen to itsRead More
The Gold Market Hunts for Answers Behind Bullion’s Sudden Surge The gravity-defying rally has confused seasoned analysts Tweet on gold price fluctuation Gold prices have surged to new all-time highs.#gold #ETFs #Inflation pic.twitter.com/KSdHnGSuciRead More
The most actively traded gold futures contract on Monday rose 0.5% to $2,012.90 a troy ounce, on pace to settle at its highest level in six months, boosted by growing optimism about aRead More
The most actively traded gold futures contract rose 0.6% to $1,975.20 a troy ounce after the stock market’s timid performance as well as recent Federal Reserve interest rate hikes Analysts say gold pricesRead More
Gold price wanes, as CPI reports indicate inflation is easing ! The most actively traded gold futures contract were flat at $2,043 a troy ounce after data showed that inflation eased in April.Read More
Gold edged slightly higher, hovering above $2,000 an ounce! Senior traders are assessing the Federal Reserve’s interest-rate path following weaker-than-expected economic data from the US. Tweet on Gold Gold hovering above $2,000!! GoldRead More
Gold surges amid banking crisis! During intraday trading Monday, the most actively traded gold futures contract jumped above $2,000 a troy ounce, crossing its highest level since Russia’s invasion of Ukraine early lastRead More
The banking crisis has created a chain crisis reaction in the market! Worries about a contagion risk from the collapse of Silicon Valley Bank and Signature Bank have sent investors piling into goldRead More
