At the beginning of the month, we cautioned investors about September’s historical challenges for the precious metals market. However, it seems that this seasonal trend has been broken, at least…
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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.
At the beginning of the month, we cautioned investors about September’s historical challenges for the precious metals market. However, it seems that this seasonal trend has been broken, at least…
Gold has been a standout performer in 2024, buoyed by increasing demand from central banks and retail investors, leading to multiple record highs. However, analysts warn that the yellow metal’s…
While gold prices have captured headlines with a remarkable rise following a 13-year cup and handle breakout at $2,100 in March, silver has quietly outperformed, rallying more than 36% this…
Silver prices (XAG/USD) encountered some selling pressure near $31.55 in early Asian trading on Monday, with global market optimism leading to profit-taking in the precious metal. Investors are now turning…
In a significant milestone for the precious metals market, gold futures have surged past the psychological barrier of $2,700 per ounce, achieving unprecedented heights. This remarkable achievement not only sets…
Investing in gold has been a topic of interest for centuries. Historically regarded as a symbol of wealth and a store of value, gold continues to attract investors looking to…
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…
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