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Gold prices are approaching a key support level of $2,500 per ounce following the release of stronger-than-expected U.S. labor market data. Initial claims for state unemployment benefits fell to 231,000…

The U.S. economy has shown robust growth, with the Bureau of Economic Analysis reporting a 3.0% increase in GDP for the second quarter, up from the previous estimate of 2.8%…

The gold market is becoming increasingly crowded, raising the risk of a significant price pullback even as the macroeconomic environment and imminent Federal Reserve rate cuts remain favorable, according to…

Interest in gold has surged in 2024, with the yellow metal reaching new record highs driven by persistent inflation and growing recession fears, reinforcing its status as a safe-haven asset.…

Gold prices exhibited a robust upswing during the North American session on Tuesday, buoyed by a prevailing risk-on atmosphere and steady US Treasury yields. Notably, investors seemed unperturbed by the…

The gold market, defying expectations with its climb above $2,500, continues to display upward momentum, with one analyst forecasting even more room for growth. Florian Grummes, Managing Director at Midas…

Gold prices edged lower in Asian trading on Tuesday, pressured by a strengthening U.S. dollar. However, the possibility of upcoming interest rate cuts and increased demand for safe-haven assets kept…

While equity markets, particularly the S&P 500, have recently hit record highs, gold has emerged as a standout performer in 2024, according to a recent report by Bank of America…

In a dramatic turn of events, gold futures have surged to a new record closing price of $2,533.60, buoyed by Federal Reserve Chairman Jerome Powell’s pivotal speech at the Economic…

Gold prices extended their gains on Monday, trading at $2,516 per troy ounce, a modest increase of 0.16%. This rise is fueled by growing expectations that the US Federal Reserve…