Tag: Gold

Gold Price Hits All-Time High of $2,720 - What It MeansThe price of gold has been on a steady rise, hitting an all-time high of $2,720. This marks a 32% increase since the beginning...

Gold prices have reached new highs, with analysts predicting even more records in the future. Sprott Asset Management stated that gold is in a "new bullish phase" due to various factors such as central...

The U.S. economy is at a critical turning point, with many analysts pointing to the significance of gold in these uncertain times. Gold has long been seen as a safe haven asset, particularly in...

Gold prices have been making significant moves recently, bouncing back from daily lows and currently standing at $2,385. This increase comes amid a weakening US dollar and anticipation of potential rate cuts by the...

TD, a financial institution, is cautious about the future of gold prices due to various factors. They believe that the current positioning of discretionary traders is skewed towards the downside, with many traders having...

Gold prices have surged to a new all-time high of $2482, with a significant increase of 1.9% in a single day - the largest jump since December 13. This rise comes after breaking through...

Last Friday, the price of gold went up after the US NFP report was released. The report showed that the labor market was slowing down, with the unemployment rate going up and wage growth...

Gold prices surged to a six-week high, reaching $2,385 as traders reacted to the latest US labor market data. Although the June Nonfarm Payrolls (NFP) report exceeded expectations, downward revisions to the figures from...

Gold prices are on the rise, moving closer to a two-week high as investors focus on the upcoming US Nonfarm Payrolls (NFP) report. The US Dollar is weakening for the fourth consecutive day, as...

Gold prices have experienced a significant increase earlier this year, reaching a high of $2,450 in May 2024. However, since then, the momentum has slowed down, and prices are currently below the 50-day moving...

Gold prices took a hit today, dropping by $40 after a brief rally that had investors hopeful. The drop has reignited concerns about the chart pattern that has been forming in the gold market.Over...

Gold prices took a hit after the release of strong US PMI data, which showed that both manufacturing and services activity remained robust in June. This led to higher expectations for inflation and interest...

China has recently resumed buying precious metals, causing a bullish trend in the market. Shanghai Futures Exchange (SHFE) traders are holding large positions in Gold and Silver, while Commodity Trading Advisors (CTAs) are expected...