Since 2021, central banks have amassed an extraordinary quantity of gold, propelling this year’s surge to record high prices. The pivotal question now is whether a single central bank can…
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Gold is a chemical element with the symbol Au and atomic number 79. It is a dense, soft, and highly malleable precious metal with a characteristic yellow color. Gold has been valued for centuries for its beauty, rarity, and various practical applications.
Since 2021, central banks have amassed an extraordinary quantity of gold, propelling this year’s surge to record high prices. The pivotal question now is whether a single central bank can…
India’s gold imports have surged to their highest levels since early 2021, driven by robust seasonal demand, while silver coin sales from major mints have fallen short of 2023’s figures…
In midday trading on Monday, gold prices remained relatively stable while silver prices saw a decline. The ongoing geopolitical unrest in the Middle East has created a safe-haven demand, supporting…
The gold market may still have potential for short-term gains; however, market strategist Carley Garner warns that the precious metal is running out of buyers, raising concerns about increased downside…
Gold prices edged lower during Monday’s North American session, fluctuating within the $2,630 to $2,659 range. The yellow metal is currently trading at $2,645, reflecting a loss of 0.30%. The…
Gold (XAU/USD) is maintaining its position within a week-long trading range of approximately $2,630 to $2,670 on Monday. This stability follows the release of unfavorable US employment data, which has…
Since the last Federal Open Market Committee (FOMC) decision, equity indices have remained close to their peaks, credit spreads are at their narrowest, and gold prices hover near all-time highs.…
The People’s Bank of China (PBoC) has not added any gold to its reserves in September, marking the fifth consecutive month of inactivity, according to official data released on Monday.…
Silver markets are expected to experience downward pressure due to selling activity from Commodity Trading Advisors (CTAs), according to Daniel Ghali, a macro analyst at TD Securities (TDS). Positive Fundamental…
The release of a robust Nonfarm Payrolls report for September has led to a spike in US Treasury bond yields. Market participants have largely dismissed the possibility of a 50…
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