After a remarkable six-day streak of record highs, the gold market is taking a breather, facing some technical selling pressure as the weekend approaches. On Thursday, strong buying momentum briefly…
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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.
After a remarkable six-day streak of record highs, the gold market is taking a breather, facing some technical selling pressure as the weekend approaches. On Thursday, strong buying momentum briefly…
Despite gold’s impressive streak of record highs this year, it has been outperformed by silver, which has emerged as the standout asset in the precious metals sector. Although silver couldn’t…
After the Federal Reserve initiated its easing cycle with an unexpected 50 basis point interest rate cut last week, precious metals investors have capitalized on the opportunity, driving gold prices…
Gold (XAU/USD) recovered to trade in the $2,660s per troy ounce on Friday, following the release of weaker-than-expected US inflation data. The US Core Personal Consumption Expenditures (PCE) index, a…
Gold fell to a three-day low, trading beneath $2,650 per troy ounce, as the US Bureau of Economic Analysis (BEA) reported that September inflation trends are aligning more closely with…
The Federal Reserve’s new easing cycle is buoying the precious metals market, leading to significant gains in gold, silver, and platinum group metals (PGMs). Gold continues to dominate attention, but…
Gold has been a symbol of wealth, power, and value throughout human history. As one of the most precious metals on Earth, it has been sought after for centuries for…
Gold has long been a symbol of wealth and prosperity, cherished throughout human history as a store of value, a medium of exchange, and an investment. In today’s modern economy,…
Gold has long been a symbol of wealth, security, and stability. Among the many forms of gold investment, the gold sovereign stands out as one of the most popular and…
Gold prices have surged to new record highs, surpassing $2,600 per troy ounce, after the Federal Reserve’s recent decision to cut interest rates by 50 basis points. Commerzbank’s commodity analyst,…
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