Gold Prices
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Gold Prices Plummet in Largest Drop in Nearly Two Years Amid Easing Middle East Tensions
Gold experienced a dramatic plunge on Monday, marking the steepest intraday decline in nearly two years, as easing tensions in the Middle East diminished the demand for safe-haven assets. Spot gold dropped by 2.8% to a low of $2,324.96 per ounce at one point during the day, falling nearly $70 from the previous Friday's closing high-a significant retreat not seen since June 2022. 
Gold experienced a dramatic plunge on Monday, marking the steepest intraday decline in nearly two years, as easing tensions in the Middle East diminished the demand for safe-haven assets. Spot gold dropped by 2.8% to a low of $2,324.96 per ounce at one point during the day, falling nearly $70 from the previous Friday's closing high-a significant retreat not seen since June 2022. -
Citi Analyst Predicts Gold Prices to Reach $3,000 per Ounce in 6-18 Months
Gold prices continue to shine near record highs, with Citigroup forecasting that the precious metal could reach $3,000 per ounce in the next 6 to 18 months. The bullish outlook comes amid heightened geopolitical tensions in the Middle East and strong physical demand from central banks in emerging markets. Gold prices continue to shine near record highs, with Citigroup forecasting that the precious metal could reach $3,000 per ounce in the next 6 to 18 months. The bullish outlook comes amid heightened geopolitical tensions in the Middle East and strong physical demand from central banks in emerging markets. -
Gold Hits Record High Above $2,400 as Middle East Tensions and Economic Concerns Fuel Safe-Haven Demand
Gold prices soared to an all-time high on Friday, breaching the $2,400-an-ounce mark for the first time as escalating tensions in the Middle East and concerns about China's economic recovery fueled robust demand for safe-haven assets. 
Gold prices soared to an all-time high on Friday, breaching the $2,400-an-ounce mark for the first time as escalating tensions in the Middle East and concerns about China's economic recovery fueled robust demand for safe-haven assets. -
Gold Prices Hit Record High, but Veteran Advisor Warns of Potential Setback
Gold prices extended their record-breaking run on Monday, briefly hitting a fresh all-time high of $2,372.5 per ounce before trading mixed at $2,327 per ounce around 1:45 p.m. London time. 
Gold prices extended their record-breaking run on Monday, briefly hitting a fresh all-time high of $2,372.5 per ounce before trading mixed at $2,327 per ounce around 1:45 p.m. London time. -
Gold Market Under Pressure as U.S. Economy Adds 303,000 Jobs in March, Testing $2,300 Support
NEW YORK - Gold prices are on a bullish trajectory, with one market veteran predicting the precious metal could reach $2,600 per ounce within a year. Juerg Kiener, chief investment officer at Swiss Asia Capital, told CNBC's "Street Signs Asia" on Wednesday that his forward curve analysis for gold "looks fantastic." 
NEW YORK - Gold prices are on a bullish trajectory, with one market veteran predicting the precious metal could reach $2,600 per ounce within a year. Juerg Kiener, chief investment officer at Swiss Asia Capital, told CNBC's "Street Signs Asia" on Wednesday that his forward curve analysis for gold "looks fantastic." -
Gold Prices Surge to Record Highs Amid Fed Rate Cut Speculations
On Thursday, spot gold climbed 1.1% to $2,209.65 per ounce, briefly touching a peak of $2,222.39, while U.S. gold futures experienced a significant increase of 2.4% to $2,212.40. On Thursday, spot gold climbed 1.1% to $2,209.65 per ounce, briefly touching a peak of $2,222.39, while U.S. gold futures experienced a significant increase of 2.4% to $2,212.40. -
Gold Prices Plunge Below $2,000 as Stubborn Inflation Dashes Rate Cut Hopes
Gold prices tumbled below the critical threshold of $2,000 per ounce, marking the lowest point in two months, as a U.S. inflation report that exceeded expectations dampened hopes for an imminent reduction in interest rates by the Federal Reserve. Gold prices tumbled below the critical threshold of $2,000 per ounce, marking the lowest point in two months, as a U.S. inflation report that exceeded expectations dampened hopes for an imminent reduction in interest rates by the Federal Reserve. -
Gold Prices Respond to U.S. Jobs Report and World Gold Council Outlook for 2024
As the U.S. economy navigates through uncertain terrain, the gold market is showing a responsive yet stable trend. The aftermath of the latest U.S. employment data, revealing an increase in non-farm payrolls and a decrease in the unemployment rate, has influenced gold and silver prices. As the U.S. economy navigates through uncertain terrain, the gold market is showing a responsive yet stable trend. The aftermath of the latest U.S. employment data, revealing an increase in non-farm payrolls and a decrease in the unemployment rate, has influenced gold and silver prices. -
Gold's Roller-Coaster Ride: Prices Plunge 5% from Historic Highs, Shaking Investor Confidence
However, spot gold experienced a significant pullback after reaching a new high of $2,144 per ounce earlier this week. As of the time of writing, spot gold has slightly risen by 0.24% to $2,030, marking a 5% drop from the week's high point, leading to a roller-coaster market situation. This raises questions about the reliability of gold as a "safe-haven" asset. 
However, spot gold experienced a significant pullback after reaching a new high of $2,144 per ounce earlier this week. As of the time of writing, spot gold has slightly risen by 0.24% to $2,030, marking a 5% drop from the week's high point, leading to a roller-coaster market situation. This raises questions about the reliability of gold as a "safe-haven" asset. -
Gold Prices Surge to Record Highs Before Sharp Decline, Analysts Caution on Volatility
On December 4, during the Asian trading session, international gold prices soared, with gold futures briefly surpassing the historic high of $2,150 per ounce. Spot gold prices also reached new heights, momentarily exceeding $2,100 per ounce. On December 4, during the Asian trading session, international gold prices soared, with gold futures briefly surpassing the historic high of $2,150 per ounce. Spot gold prices also reached new heights, momentarily exceeding $2,100 per ounce.
