Gold prices are currently higher but have pulled back from daily highs in midday U.S. trading on Thursday. The precious metal hit another record high of $2,708.70 per ounce for…
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ounce
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.
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- Gold NewsNonfarm Payroll
Gold Prices Hold Steady Near Record Highs Despite Strong Labor Market Data
by annaby annaThe gold market remains robust, trading close to its recent record highs above $2,700 an ounce, even as new data reveals resilience in the U.S. labor market, with first-time unemployment…
- Gold Prices
Gold Reaches Record High of $2,685 Amid Positive Economic Signals and Geopolitical Tensions
by annaby annaGold prices soared to a new all-time high of $2,685 on Thursday, even as the U.S. Dollar began to recover from losses incurred during the Asian and European trading sessions.…
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Gold prices remained stable during Thursday’s Asian trading session, staying close to record highs as market attention shifted to an upcoming speech by Federal Reserve Chair Jerome Powell. Key U.S.…
- Gold Prices
Gold Reaches New All-Time High as Global Tensions and Rate Cuts Fuel Demand
by annaby annaGold (XAU/USD) surged to a new all-time high, surpassing previous records to reach the $2,680s per troy ounce on Thursday. This remarkable increase is attributed to falling global interest rates,…
- Gold NewsNonfarm Payroll
Unemployment Claims Dip Below Expectations, US Dollar Remains Steady
by annaby annaThe U.S. Department of Labor (DoL) reported on Thursday that new applications for unemployment insurance benefits reached 218,000 for the week ending September 21. This figure is lower than the…
- Silver PriceGold News
Silver Prices Surge to New Heights Following Chinese Stimulus and Global Tensions
by annaby annaSilver (XAG/USD) has reached a new peak for 2024, marking a 12-year high on Thursday. This surge follows the announcement from Chinese authorities regarding an additional 1 trillion CNY in…
- Gold NewsSilver Price
Silver Prices Rise Amidst China’s Stimulus Plans and Global Tensions
by annaby annaSilver prices (XAG/USD) have seen an uptick as China, the largest metals market globally, reveals intentions for new stimulus measures aimed at revitalizing its economy. This comes in response to…
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The precious metals market is experiencing a remarkable surge in gold prices, with the yellow metal rising over 21% this year, solidifying its position as a safe-haven asset. The rally…
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Gold (XAU/USD) surged to a record high of $2,670 per troy ounce on Wednesday, fueled by a surprising decline in U.S. Consumer Confidence data that heightened expectations for more aggressive…
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