Due to risk aversion and growing forecasts of rate reduction by the Federal Reserve, gold reached a new record high of $3,000 per ounce on Friday. Following the EU’s 50%
Early in the Asian session, gold is trending upward. After the U.S. placed taxes on worldwide imports of steel and aluminium, the EU and Canada announced retaliation tariffs against the
According to a study analysis by Joseph Chai of RHB Retail study, Comex gold futures might continue a positive trajectory if they successfully breach above their 20-day simple moving average.
In rather quiet trade, gold futures are essentially flat. At $2,912.10 a troy ounce, futures are unchanged. Due to persistent safe-haven demand and a declining US dollar, the precious metal
With the possibility of a U.S. recession bolstering the precious metal’s attractiveness as a safe haven, gold is edging higher in the early morning Asian session. President Trump declined to
Early on Monday, growing deflationary pressures in China compounded growth concerns from a faltering U.S. economy and a smouldering global trade war, causing Wall Street futures to plummet and the
A lower dollar and demand for safe haven assets amid widespread concerns of a wider trade war helped gold hold steady at $2,910 an ounce on Monday. Canada’s retaliatory tariffs
In the early Asian commerce, gold is stable. As macroeconomic uncertainty increases, prices remain mostly stable, according to a report from the ANZ Research team. As markets factor in the
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
Investors continue to steer clear of risky assets due to the uncertainty surrounding President Trump’s tariff intentions, which has caused them to concentrate on gold and push front-month contracts up
