gold price

The Latest

  • Gold Sees Temporary Dip but Long-Term Outlook Remains Bullish, Experts Say
    GOLD SHINES
    Gold prices extended losses for a second day on Tuesday, hitting a more than two-week low as fears of escalating tensions in the Middle East subsided, prompting investors to book profits ahead of key U.S. economic data this week. Spot gold fell 0.3% to $2,318.90 per ounce, while U.S. gold futures slipped 0.6% to $2,331.80.
  • Gold and Silver Face Profit-Taking Pressure Amid Perceived Easing of Middle East Tensions
    Gold Prices
    Gold prices experienced a sharp decline on Monday, as geopolitical tensions in the Middle East appeared to ease and traders shifted their focus to upcoming U.S. economic data that could provide insights into the Federal Reserve's monetary policy outlook. The precious metal fell more than 2% to trade near $2,345 an ounce, ending a five-week rally, the longest such streak in over a year.
  • Middle East Tensions Spark Brief Oil Price Surge, Gold Nears Record High Amid Uncertainty
    Global Oil Prices
    Oil prices experienced a rollercoaster ride on Friday, initially spiking by more than $3 after reports of Israeli attacks on Iranian soil, but later slipping as Tehran played down the incident, signaling that an escalation of hostilities in the Middle East might be avoided.
  • Gold Soars to Record High as U.S. Inflation Data Boosts Fed Rate Cut Expectations
    Gold Price
    Gold prices surged to a new all-time high on Monday, as the latest U.S. inflation data bolstered expectations that the Federal Reserve could deliver its first interest rate cut as early as June.
  • Gold Maintains Stability as Markets Anticipate US Inflation Data, Silver Poised for Spotlight
    Spot Gold
    Gold prices remained consistent on Monday, following a record-breaking streak last week, with investors closely watching the upcoming U.S. inflation data for indications of the Federal Reserve's potential interest rate adjustments.
  • Gold Hits Record High Amid U.S. Jobs Data and Fed Rate Cut Speculation
    Gold Prices
    Gold prices reached unprecedented heights, buoyed by the latest U.S. employment data, which hinted at a potential shift in the Federal Reserve's monetary policy
  • Gold Surges to Record Highs, Market Strategists Eye More Upside Amid Economic Shifts
    Gold Price
    Gold prices have ascended to unprecedented levels, with early U.S. trading seeing a modest uptick that propelled the precious metal to a record high of $2,155.50, according to Comex futures.
  • Gold Breaks $2,100 Barrier, Setting New Record as Markets Anticipate Fed Rate Cuts
    Spot Gold
    Gold prices have soared to unparalleled heights, breaching the $2,100 mark for the first time ever, as market participants increasingly anticipate a shift in the Federal Reserve's monetary policy towards interest rate reductions in the latter half of the year.
  • Gold Prices Surge Amid Rising Expectations for Federal Reserve Rate Cuts
    Global Gold Prices
    Gold prices have once again reached a peak as the spot price of gold slightly increased in the last week of the year, approaching a historic high and potentially marking its highest annual rise in three years. As of 3:11 p.m. Beijing time on December 27, the spot price of gold was reported at $2,065.38 per ounce.
  • Rising Gold Prices: A Mixed Blessing for Jewelry Brands?
    Gold Price
    As gold prices continue to rise, the impact on consumer demand for gold jewelry is complex, potentially suppressing demand for decorative pieces while boosting interest in pure gold coins and bars. Despite the macroeconomic downturn and geopolitical conflicts, gold consumption in 2023 has so far mirrored its 2022 performance.
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