Tag: Precious metals

Gold prices experienced a rollercoaster ride this week, hitting a high of $2,477 before dropping to $2,430, marking a 0.60% decline in value. This fluctuation was influenced by various economic factors, including the release...

Gold price has been on the rise, hitting a two-week high near $2,450 on Thursday. This increase can be attributed to various factors that are supporting the price of Gold. One of the main...

Gold prices are on the rise for the second day in a row as a combination of factors is attracting buyers. The US Dollar remains weak due to expectations of a Fed rate cut...

Silver had a bit of a rough week, ending with over 4% in losses, even though it managed to post a 0.31% gain by the end of Friday's session. This drop below $28.00 has...

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...

Gold has been a valuable asset for centuries, starting from ancient times when it was used for various purposes such as jewellery, religious ceremonies, and trade. Throughout history, gold has played a crucial role...

Gold prices have been on the rise for the past three days, although the bullish momentum seems to be lacking. This increase in price is partly due to the expectations that the Federal Reserve...

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 Royalty Corp, also known as GRC, has had a strong start to the year with impressive Q1 results. The company reported record royalty revenue of approximately $2.9 million, marking a 289% growth year-over-year....

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 saw a slight increase of 0.15% on Thursday amidst low trading activity due to the US Independence Day holiday. The XAU/USD pair reached a two-week high of $2,365 the previous day, driven...

Gold prices experienced a decline of 0.28% in response to Federal Reserve Chair Jerome Powell's remarks at a European Central Bank forum. Powell, adopting a slightly dovish stance, emphasized the need for further progress...

Gold prices surged as the US dollar weakened before the release of the PCE data. The price of gold rose by more than 1% following economic data that showed a softer US dollar and...

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 on Wednesday as the US Dollar strengthened, driven by the surge in US Treasury yields, ahead of the upcoming release of the Personal Consumption Expenditures (PCE) Price Index report...

Silver prices experienced a significant drop, falling 3.86% due to the influence of strong US Treasury bond yields and a robust US Dollar. The current trading price for silver stands at $29.53, marking a...

Gold prices took a hit on Friday, dropping more than 1.70% as economic data from the United States led investors to rethink the possibility of fewer interest rate cuts by the Federal Reserve. The...

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...

Gold Price Reaches One-Week High Amid Fed Rate Cut BetsThe gold price has been on the rise, reaching over a one-week high of around $2,338 as of late. This surge can be attributed to...

Gold prices saw minimal movement during the North American session due to low trading volume. This was attributed to the Juneteenth holiday. However, data from the US indicated a slowing economy, which raised expectations...

Gold prices are holding steady above $2,300 as uncertainty looms around the Federal Reserve's rate-cut decisions. The Fed's recent hawkish outlook has led to speculation about only one rate cut in 2024, which has...

Gold prices surged above $2,330 as investors placed their bets on the Federal Reserve (Fed) cutting interest rates later in the year. This increase was driven by the latest inflation data from the United...

Gold prices took a hit on Thursday following the release of U.S. producer prices data. The U.S. Federal Reserve recently announced that they would only be cutting interest rates once this year, which is...

Gold SWOT: Anglo American to List Anglo-American Platinum in LondonStrengths: - Palladium was the best performing precious metal for the week, showing an increase of 0.56%. Agnico reported operational improvements related to Shaft 4, mining...