Due to safe-haven demand and U.S. inflation figures, gold futures hit a new record high. After peaking at $3,006.70/oz earlier in the day, futures are up 0.4% at $3,003.40/oz. According
Driven by risk aversion and growing prospects of rate cuts by the Federal Reserve, gold held above $2,980 per ounce on Friday, setting a new high and setting the stage
On Thursday, gold hit record highs of $2,940 an ounce as demand for safe haven assets was fuelled by growing global trade concerns. After the EU and Canada responded against
According to a study analysis by Joseph Chai of RHB Retail study, the daily chart indicates that Comex gold futures are consolidating. According to him, the commodity’s relative strength index
In a note, Heng Koon How of UOB’s Global Economics & Markets Research predicts that the physical bullion short squeeze would push gold beyond $3,000/oz. “Trade tariff uncertainties have resulted
Due to high demand, the Perth Mint said on Friday that sales of its gold products increased in February while sales of its silver products increased 16% over the previous
March delivery of Front Month Comex Gold increased by $1.30 per troy ounce, or 0.04%, to $2916.60 today. Up for four sessions in a row 2.81%, or $79.80, more than
A lower US dollar and demand for safe haven assets amid uncertainty surrounding US trade policies helped gold rise beyond $2,920 per ounce on Thursday, approaching new highs. President Donald
Citing Tuesday’s “higher low” bullish candlestick on the daily chart, Joseph Chai of RHB Retail Research writes in a note that the positive momentum observed in Comex gold futures is
When the dollar declines and demand for safe haven assets rises, gold futures climb as well. Futures are trading at $2,878.90 per troy ounce, up 1.1%. Bullion’s attraction as a
