Gold prices surged to a new all-time high of $2,586 per ounce on Friday, driven by expectations of a larger-than-anticipated interest rate cut by the U.S. Federal Reserve. As the…
© 2023 Copyright lriko.com
When measuring volume, an ounce is known as a fluid ounce (abbreviated as “fl oz”). In the United States, a fluid ounce is equivalent to approximately 29.57 milliliters, while in the United Kingdom, it is equal to about 28.41 milliliters. Fluid ounces are commonly used for measuring the volume of liquids, such as beverages or cooking ingredients.
Gold prices surged to a new all-time high of $2,586 per ounce on Friday, driven by expectations of a larger-than-anticipated interest rate cut by the U.S. Federal Reserve. As the…
The gold market continues to hold strong, maintaining gains above $2,600 per ounce, as consumer optimism in the U.S. improves and inflation fears subside, according to the latest report from…
The gold market is on track to close the week with a new all-time high, although short-term corrections are possible. Despite these risks, some analysts believe this rally could mark…
Anticipation of upcoming Federal Reserve rate cuts continued to weigh on the U.S. dollar, which fell to 140.36 yen, marking its weakest level since December. The dollar index, measuring the…
Gold prices may skyrocket to $10,000 per ounce if Vice President Kamala Harris secures victory in the upcoming U.S. presidential election, warns Peter Schiff, chairman of SchiffGold and chief market…
Earlier this year, markets anticipated as many as six rate cuts. However, by March, expectations were scaled back to two or three cuts, with forecasts fluctuating throughout the summer. Just…
Bitcoin (BTC) has consolidated above the $58,000 support level throughout Friday morning, even as other asset classes, including equities and gold, experienced significant gains. Gold, in particular, has reached a…
Precious metals are experiencing a notable rally on Friday morning, driven by renewed optimism surrounding potential interest rate cuts and increased interest in non-yielding safe havens like gold. Spot gold…
Investing in precious metals, particularly silver, is a popular strategy for diversifying assets and protecting wealth. Among the various options for purchasing silver, two choices stand out: silver coins and…
As the BRICS bloc strengthens and U.S. debt surges, the idea of de-dollarization has gained traction globally. However, one prominent analyst suggests that while attention is fixated on alternative currencies…
Lriko is a gold portal website, the main columns include gold price, spot gold, silver price, spot silver, gold futures, nonfarm payroll, gold basics, gold industry news, etc.
© 2023 Copyright lriko.com