Browsing Tag

Gold news

Gold traders wind down their activities ahead of Christmas and New Year

Jason Junior Dec 18, 2022 0

One of the key themes that seem to be supporting gold presently is the increased possibility of a recession in the US next year. The Federal Reserve sees the economy barely growing amid…
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Business

US Dollar: After 4 weeks of selloff, gold manages to attract buyers as US dollar takes a break

Jason Junior May 22, 2022 0

After four weeks of sharp losses and a break below the key $1800/oz level, COMEX gold ended the week with a robust 1.9% gain. Gold’s sharp fall in the last few days made it susceptible…
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Business

Gold News: Gold takes a hit as US real yield turns positive for first time in two years; down over…

Jason Junior Apr 23, 2022 0

International gold started the week on a positive note and closed near key $2000/oz level but lost momentum and is now set for its first negative weekly close in three weeks. Gold has…
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Business

gold exchange: NSE plans new exchange for spot gold

Jason Junior Mar 13, 2022 0

NEW DELHI: India's National Stock Exchange (NSE) said on Saturday it planned to set up a new domestic spot gold exchange that would bring more efficiency and transparency to bullion…
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Business

Gold news: GS raises gold forecast on strongest demand impulse since post GFC recovery

Jason Junior Mar 8, 2022 0

SynopsisAnother commodity that has made a stunning surge is gold, the safe-haven commodity. On Monday, gold rose to more than $2,000 in Asian trade fears about the impact of the Ukraine…
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