Upcoming FOMC meeting scheduled for Dec. 18 is expected to bring lower interest rates in the U.S., which should help boost the price of gold
China's clandestine accumulation of gold has been confirmed, with credible analysis revealing unreported purchases since May 2024.
Saxo’s Ole Hansen suggests a temporary setback is looming in the precious metals market
Goldman Sachs says gold’s price consolidation has created an opportunity for investors and expects the price of gold to reach $3,150 by next year.
Some suggest Bitcoin’s rally could be driving a move away from gold, while other strategists claim the drop is a technical move following a recent multi-day rally.
Gold surges $134 as short sellers retreat, marking a mini squeeze in market. Open interest drops by 43,000 contracts as price breaks above key technical levels, signaling a bottom.
Renowned precious metals expert David Morgan warns of a looming currency crisis. As fiat currencies weaken, gold emerges as a reliable store of value.
Precious metals market shows signs of strength as tensions increase exponentially in Eastern Europe
Gold priced in rupees gained 5.5% in October despite a slight depreciation of currency
Phil Streible cautioned that silver's failure to surpass a critical resistance level could foreshadow a downward trend.
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