Senior Commodity Strategist Daniel Ghali of TD Securities (TDS) warns macro funds that there is no inherent reason for Federal Reserve rate cuts to automatically lead to higher gold prices.…
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gold price
The price of gold refers to the current market value of gold per unit of weight, usually quoted in US dollars per ounce. The price of gold is subject to constant fluctuations due to various factors such as supply and demand dynamics, global economic conditions, geopolitical events, currency fluctuations, and investor sentiment.
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- Gold News
UBS Analysts Remain Bullish on Gold, Forecast Prices to Reach $3,000 by 2025
by annaby annaUBS analysts are optimistic about the future of gold, asserting that the current rally in the precious metal is just beginning. In a report released on Wednesday, UBS raised its…
- Gold News
Gold Price Surge Dashes Indian Bullion Industry’s Hopes for Lucrative Festival Season
by annaby annaThe recent rebound in gold prices to record highs has dampened expectations within India’s bullion industry for a profitable festival season. This disappointment comes despite a prior boost in optimism…
- Gold News
Saudi Arabia’s Hidden Gold Purchases: A Strategic Shift in Central Bank Demand
by annaby annaThe unprecedented surge in gold prices this year has been largely driven by substantial central bank demand, raising questions about the identity of the primary buyers. While much of the…
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Gold (XAU/USD) extended its losses for the sixth straight day after the Federal Reserve (Fed) released its September meeting minutes, which revealed that a “substantial majority” of the Federal Open…
- Gold Prices
Gold Prices Remain Volatile Ahead of FOMC Minutes and Key Inflation Data
by annaby annaGold prices (XAU/USD) are expected to remain under pressure as investors await the release of the Federal Open Market Committee (FOMC) minutes from the September meeting, scheduled for 18:00 GMT.…
- Gold Prices
Oxford Economics Predicts Near-Term Gold Price Consolidation Despite Strong Fundamentals
by annaby annaEconomist Diego Cacciapuoti from Oxford Economics forecasts that while the recent rally in gold prices may lose momentum, robust fundamentals will help maintain elevated prices into 2025 and beyond. In…
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The gold standard was once the cornerstone of global finance, governing monetary policy and exchange rates for much of modern history. Under this system, the value of a nation’s currency…
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Gold has been a symbol of wealth, power, and stability for millennia. As an asset, it has stood the test of time, offering protection against inflation, currency devaluation, and geopolitical…
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Gold has long been regarded as a safe-haven investment, a store of value in times of economic uncertainty, inflation, and currency devaluation. For centuries, it has been a go-to choice…
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