European stocks were expected to see modest gains as traders awaited Nvidia Corp.’s earnings report, which is anticipated to offer…
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Latest in gold
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The gold market, defying expectations with its climb above $2,500, continues to display upward momentum, with one analyst forecasting even…
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Gold Futures Hit Record High of $2,560 Amid Weakening Dollar and Evolving Fed Policy
by Barbaraby BarbaraIn a notable achievement, gold futures have reached a historic high, closing at $2,560.00. This new peak, marked by a…
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Robust Gold Demand Expected in India’s Festive Season Amid Reduced Import Duties
by Barbaraby BarbaraGold demand in India is anticipated to remain strong during the upcoming festive season, driven by a significant reduction in…
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Hedge funds are increasingly valuing gold and silver, as recent data from the Commodity Futures Trading Commission (CFTC) shows a…
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Gold (XAU/USD) traded around $2,520 on Monday, just shy of its record high of $2,531, driven by heightened safe-haven demand…
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Global stocks traded near record highs on Monday as growing expectations of Federal Reserve interest rate cuts boosted market sentiment.…
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Gold Price Near $2,500 Amid Fed Rate Cut Expectations and Geopolitical Tensions
by Barbaraby BarbaraGold prices (XAU/USD) experienced mild losses on Monday, trading close to the $2,500 psychological support level. Despite this, the downside…
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Gold prices (XAU/USD) maintained a positive trajectory, hovering around $2,515 per ounce during the early Asian session on Monday, driven…
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Gold’s Record Highs Sustained by Weakening Dollar Amid Fed Rate Cut Expectations
by Barbaraby BarbaraGold prices have surged to a new record high above $2,500 per ounce, bolstered by a significant decline in the…
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Gold also serves as a financial asset and is considered a safe haven investment. It has been used as a form of currency throughout history and is often seen as a hedge against inflation and economic uncertainty. Investors can buy and sell gold in various forms, including physical gold (such as bars and coins) and gold-backed financial products (such as exchange-traded funds or futures contracts).