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Gold price drops to week low on hawkish Fed, US data
The decline comes days after the spot price hit a record high of $2,449.89 on optimism over the Federal Reserve’s monetary policy. Making bullion less attractive, ...
Gold price hits $2,450 on rate cut optimism, geopolitical risks
US gold futures saw a similar rise of 0.5% at $2,429.60 per ounce, having hit $2,454.20 earlier in the day. The metal eased off ...
Spectacular copper price rally only gaining momentum
The spectacular upward move over the last couple of weeks comes as so-called managed money build long positions – bets on higher prices in ...
The Golden Surge: Goldman Sachs Predicts $2,700 Gold Price as Uncertainty Reigns
Volatility in Precious Metal Market Gold ended the day with little change, reacting to Fed chair Powell’s cautious stance on rate cuts, causing both ...
The Rise of Copper: A Bullish Forecast Sparks $10,000 Predictions
Concentrating minds on the copper market A decade low in spot treatment charges and refining costs has jolted the copper market into a frenzy, ...
The Golden Surge: Gold Price Surpasses $2,200 Mark for the First Time
Gold’s Unprecedented Rally Gold, the age-old harbinger of uncertainty, has once again set tongues wagging in the financial world. The precious metal, which embarked ...
Gold Prices Show Signs of Weakness Amidst Rising Bond Yields
Gold Prices Show Signs of Weakness Amidst Rising Bond Yields
[Click here for an interactive chart of gold prices] Amidst a two-week high in the benchmark 10-year US Treasury yields and a nearly two-month high ...
Riding the Wave: Gold Prices Surge 1% on New US Jobs Data
Market Movement [Click here for an interactive chart of gold prices] In a surprise twist, the price of gold surged 1% in response to the ...
