gold price

Gold prices are maintaining their position near all-time highs despite recent pressure. According to Daniel Ghali, Senior Commodity Strategist at TD Securities (TDS), the current market setup may lead to…

Gold prices inched higher during the North American session following weaker-than-expected U.S. employment data, which increased the likelihood of a 50-basis-point (bps) rate cut by the Federal Reserve (Fed). As…

Gold prices, which surged to record levels in the first half of the year, were initially driven by strong demand from Asian investors, particularly in China. Now, an international bank…

Despite gold trading near record highs, the precious metal is expected to maintain robust support from central banks, investors, and physical market demand, according to Joni Teves, Precious Metals Strategist…

Hedge funds are increasingly turning their attention to gold and silver, with speculative positioning reaching a notable benchmark last week, according to the Commodity Futures Trading Commission (CFTC). Gold saw…

In times of economic turbulence, commodities are typically viewed as a safer investment compared to stocks due to their foundational role in society’s infrastructure. However, Goldman Sachs has recently flagged…

Gold prices dipped during the North American session as traders resumed activity following the Labor Day holiday. The decline came despite signs of weakening business activity in the United States…

Bank of America (BofA) strategists reaffirmed on Tuesday their forecast that gold prices could reach $3,000 per ounce within the next year. This projection, first introduced in late 2023, has…

Despite gold prices reaching new all-time highs, central bank purchases surged to 37 tonnes in July, marking a significant increase and indicating strong future demand, according to Krishan Gopaul, Senior…

Gold prices slipped during the North American session due to thin trading volumes, with US markets closed for Labor Day. The XAU/USD pair was trading at $2,499, marking a decrease…