A decrease of the indicator value may contribute to the rise in quotes of Silver, Gold and the fall in quotes of USD.
A decrease of the indicator value may contribute to the rise in quotes of Silver, Gold and the fall in quotes of USD.
Commodities expert Max Layton from Citi Research predicts that gold's rally is coming to an end, with prices set to drop below $3,000 per ounce by the end of next year. He estimates that in the second half of 2026, the precious metal will trade in the range of $2,500 to $2,700.
An eToro survey found that 57% of retail investors expect gold prices to go up within the next 6–12 months. 45% have invested in this precious metal over the past couple of years.
Gold stabilized after falling in the previous session due to Federal Reserve Chairman Jerome Powell's warning about inflationary risks to the US economy, according to Bloomberg.
No change of the indicator value may reduce the volatility of the related markets.
An increase of the indicator value may contribute to the rise in quotes of USD and the fall in quotes of Silver, Gold.
No change of the indicator value may reduce the volatility of the related markets.
An increase of the indicator value may contribute to the rise in quotes of USD and the fall in quotes of Silver, Gold.
According to Reuters, gold prices edged lower during Wednesday's trading session. The decline reflects investor caution ahead of the US Federal Reserve's (Fed) monetary policy decision. Additionally, market participants remain wary due to escalating tensions in the Middle East.
This year, gold has gained nearly 30% against the dollar. Confidence in the US currency continues to erode amid trade conflicts. According to ReSolve Asset Management, this trend will maintain interest in gold.
Global central banks expect their gold reserves to increase and their dollar holdings to decline over the next five years, according to a World Gold Council (WGC) survey.
Gold is not just glitter and beauty, but also a key asset in the financial sector.
Gold appears to be something more than just a metal. It is an indicator of economic stability and a tool for managing finances.
Staying up-to-date with the latest gold news is a key to successful management of your funds.