Gold Price

 Investment strategy of central banks: Buy gold

Investment strategy of central banks: Buy gold

Reserve banks are adding gold in large quantities. A Bank of America analyst says you should be doing the same thing.

25/08/2024
 Gold (XAU): Powell’s Jackson Hole Speech Fuels Bullish Momentum Above $2,500

Gold (XAU): Powell’s Jackson Hole Speech Fuels Bullish Momentum Above $2,500

As gold surges near $2,510, market sentiment shifts ahead of Powell’s Jackson Hole speech. Will the bullish momentum hold? Key insights inside.

23/08/2024
 Gold Dips Below $2,470 Ahead of Key U.S. Economic Data and Fed Speech

Gold Dips Below $2,500 Ahead of Key U.S. Economic Data and Fed Speech

Gold pulls back to $2,500 as profit-taking and a stronger dollar weigh on prices. Market awaits key U.S. data.

22/08/2024
 Gold Prices Slip Ahead of FOMC Minutes, Powell’s Speech

Gold Prices Slip Ahead of FOMC Minutes, Powell’s Speech

Traders are eyeing the FOMC minutes and Powell's speech as gold faces resistance at $2,530, with key support at $2,485.

21/08/2024
 Gold vs. Cash: Which is the Better Safe Haven?

Gold vs. Bitcoin: Which Safe-Haven Asset Performs Better in Economic Downturns?

For those wondering what safe-haven asset — gold or bitcoin — will better survive an economic downturn, experts from the World Gold Council point to the week of Aug. 5 for the answer.

20/08/2024
 Gold Climbs to $2,530  Asian Demand Surges

Gold Climbs to $2,530 as Fed Rate Cut Speculation Grows, Asian Demand Surges

With gold hitting $2,530, Fed rate cut rumors and robust Asian demand fuel a fresh rally in the precious metals market.

20/08/2024
 Dollar index plummets; Gold to new Highs

Dollar index plummets, precious metals likely to go higher

Dollar dives, gold shines to new records. Fed rate cut bets fuel precious metals rally. Experts predict higher prices as greenback weakens.

20/08/2024
 How Crazy is $3,000 Gold From Here? Gold Price Analysis

Gold Price Analysis: How Crazy is $3,000 Gold From Here?

Turns Out, Not Crazy at all

By PR
20/08/2024
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