Economist 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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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.
Economist 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…
Gold prices softened in midday U.S. trading on Wednesday, facing slight pressure from bearish outside-market influences. In contrast, silver prices saw a modest uptick. Traders in the precious metals market…
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…
Gold has been a symbol of wealth and a trusted store of value for centuries. As one of the most traded precious metals, it plays a pivotal role in financial…
The People’s Bank of China (PBoC) reported that its gold reserves remained unchanged at 72.8 million ounces (2,264 tons) at the end of September, according to Commerzbank commodity analyst Carsten…
After a significant hiatus, North American investors are once again taking the lead in the gold rally, evidenced by a robust demand for exchange-traded funds (ETFs) in September. The World…
Global physically backed gold exchange-traded funds (ETFs) recorded inflows for the fifth consecutive month in September, driven by increased holdings in North America, according to the World Gold Council (WGC)…
Since 2021, central banks have been on a historic gold-buying spree, pushing the metal to consecutive record highs. Now, attention turns to whether this strategy could extend to other precious…
Gold and silver prices sharply declined Tuesday morning, reaching three-week lows following reports that Hezbollah, the Lebanon-based militant group, expressed interest in discussing a ceasefire with Israel. The news, signaling…
Politicians and central banks have often attributed recent inflation to factors like the COVID-19 pandemic and supply chain disruptions. However, a growing body of economic commentary points to the surge…
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