Quick Look: Gold fell 1.2% to $2,369.29 per ounce, reaching a two-week low. A global sell-off spurred investor uncertainty, especially in tech stocks. Central bank policies affect markets, including potential rate cuts and hikes. Chart-based selling added pressure as gold breached key support levels. The decline in gold also affected other precious metals like silver, …
Gold Prices Drop 1.2%, Reaching 2-Week Low at $2,369.29 Read More »
Quick Look: Gold rose by 0.3% to $2,303.80 per ounce, with US gold futures up 0.1% to $2,314.40 per ounce. Supported by a moderating US dollar, gold faces strong support around $2,300; expectations for Fed rate cuts impact sentiment. With a 62% probability of a rate cut in September, gold prices are caught between Fed …
Gold Rises 0.3% to $2,303.80 Ahead of Key U.S. Inflation Data Read More »
Quick Look: Israeli Air Strikes: Killed at least 14 in Gaza, increasing regional tensions. Gold Prices: Spot gold rose 0.1% to $2,362.60 per ounce, with a weekly gain of 1%. Other Precious Metals: Silver fell 0.3%, while platinum and palladium prices increased by 0.7% and 0.8%. Market Analysts: Geopolitical tensions and potential US rate cuts …
Gold Rises 1% Amid Gaza Strikes and Economic Shifts Read More »
Quick Look: Gold shows a modest uptick: Current spot price of $2,391.78/oz, hinting at continued bullish sentiment. Silver and platinum vary: Silver dips to $29.56/oz, while platinum rises to $1,068.67/oz. Economic indicators: Weakening US Dollar and low Treasury Yield influencing metal prices. In today’s trading session, gold prices have shown a modest uptick. Besides, the …
Gold Nears $2,400 as Economic Indicators Signal Upturn Read More »
Quick Look: Gold (XAU) prices rose by Rs 10 per 10 grams, and silver increased by Rs 100 per kilogram in India. Global issues, notably Middle East conflicts, pushed USold to $2,369.93 per ounce. Market sentiment shows that 78% of investors don’t foresee a recession next year. Gold and silver prices in India have seen …
Gold, Silver Up Rs 10, Rs 100 Amid Global Strife Read More »
Quick Look: Current price falls to $1,041.05, down 2.91% today and 5.32% annually. Influenced by geopolitical events and shifts in auto industry demands. Palladium futures remain active, with an uncertain market outlook. In recent trading sessions, palladium has witnessed a notable decline. The current price reached $1,041.05. Thereby showing a daily decrease of 2.91% and …
Quick Look Today’s opening price for palladium is $1,058.88 per ounce, marking a 4.11% decline from the previous day. The price has fallen 3.70% since the beginning of the year, reaching a 52-week low of $854.70 on February 13, 2024. Palladium’s peak in March 2022 reached $3,440 per ounce, influenced by geopolitical tensions. Palladium prices …
Palladium Dips to $1,058.88: 4.11% Overnight Drop Read More »
Quick Look Gold (XAU) prices slightly declined to $2,081.11 per ounce, staying close to a two-month peak. Last week’s approximately $50 surge hinted at softer inflation and potential interest rate cuts. The market anticipates a Federal Reserve rate cut in June, with probabilities increasing to 74%. Gold’s outlook remains bullish, with a keen eye on …
Gold Hits $2,081, Eyes Record Highs Amid Fed Speculations Read More »
Examen du courtier Luzuna Luzuna Review: Introduction In the intricate world of online trading, the significance of a reliable and innovative broker cannot be overstated. While navigating the volatile currents of financial markets, investors and traders are in constant pursuit of a platform that understands their needs and offers trust and efficiency. Luzuna, a …
The world of commodities had quite a rollercoaster week recently. Prices went up and down, and it’s not just about numbers; it’s about people. It’s because of folks worrying about the Federal Reserve’s rate decisions and strong labour market data. People investing in commodities aren’t always sure what’s happening, and they’re talking about something called …
First Impressions Opticapital.com offers financial trading services and manages more than a thousand trading accounts. The broker has quickly risen to the top ranks of financial brokers by establishing significant relationships and providing a broad selection of tradeable assets. We were pleased to find that many countries, such as, St. Vincent & the Grenadines, the …
There were some notable ups and downs in global markets this week. Our weekly overview of forex, stocks, crypto and commodity markets will summarize this week’s overall global market performance and give you ideas on how to act and prepare for future market trends. Forex Weekly Overview The dollar was on the defensive yesterday as …
Weekly Overview: Forex, Stocks, Crypto, Commodities May 27 Read More »
On Wednesday, gold prices clawed back from a three-month low as the greenback and US treasuries declined, ahead of key American inflation data. Bullion futures for June 22 bounced up 0.49% or 9.10 points to $1,850.20 per ounce. This movement came after a drop of 0.20% to $1,836.50 per ounce in the early trading session. …
On Monday, gold prices slipped to their lowest in four weeks. The downturn came amid the prospects of aggressive policy tightening by the US Federal Reserve, denting the precious metal’s appeal. As of writing, bullion futures declined 1.92% or 36.70 points to $1,897.10 per troy ounce. The contract followed a drop of 0.71% to $1,934.30 …
Gold prices hover to 4-week low on rate hike worries Read More »
On Friday, gold prices eased as markets geared up for more aggressive central banks to curb worldwide mounting inflation. Subsequently, bullion contracts for June 22 dropped 0.61% or 12.20 points to $1,972.50 per troy ounce. Then, the spot gold declined 0.24% or 4.69 points to $1,973.55 per troy ounce. Nevertheless, the safe-haven demand triggered by …
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