A decrease of the indicator value may contribute to the rise in quotes of Silver, Gold and the fall in quotes of USD.
18 December
Gold News
Categories
An increase of the indicator value may contribute to the rise in quotes of USD and the fall in quotes of Silver, Gold.
18 June
No change of the indicator value may reduce the volatility of the related markets.
18 June
An increase of the indicator value may contribute to the rise in quotes of USD and the fall in quotes of Silver, Gold.
18 June
Gold prices dip ahead of US Fed meeting — Reuters
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.
18 June
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.
18 June
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.
17 June
Demand for gold in China fell last month — World Gold Council
Demand for the precious metal in China cooled last month. According to the World Gold Council, 99 tons of the yellow metal were withdrawn from the Shanghai Gold Exchange in May. That amount shrank by 35% compared to April.
17 June
Adrian Day predicts surge in gold prices due to US debt crisis
Prominent analyst Adrian Day of Adrian Day Asset Management predicts a major surge in gold prices as the US debt crisis looms. He warns that the Department of the Treasury is grappling with severe challenges due to its inability to raise the debt ceiling.
17 June
Bank of America (BofA) continues to maintain a bullish outlook for gold, despite the lack of significant upward momentum amid tensions in the Middle East. A group of analysts led by Michael Widmer estimates that the precious metal has every chance of reaching $4,000 per ounce.
17 June
Citi expects gold rally to end as demand wanes
Citi forecasts the yellow metal’s prices to return to the range between $2,500 and $2,700 an ounce by the second half of 2026. The decline may be caused by weakening investment demand for gold at the end of this year and next year.
17 June
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.
Events impacting the gold market
- Global economic fluctuations. When the global economy changes, the price of gold is likely to react. The focus here is on seeking stability when faced with uncertainty.
- Political risks. Conflicts and political events can affect the demand for gold, too. The metal often serves as a safe-haven asset in tumultuous times.
- Real-time news. Exchanges are constantly reporting on current gold prices. Keep an eye on such news to stay informed.
- Economic reports. The release of economic reports and data can cause fluctuations in gold prices.
- Dollar influence. Pay attention to the dollar, as sometimes its exchange rate can have an impact on gold prices.
Gold in investment and finance
- Investing in gold. Many people choose the yellow metal as a long-term asset.
- Safety and confidence. Gold is considered to be a relatively "risk-free" asset that can add more stability to your portfolio.
Why follow gold news?
- To make better decisions. Knowing about the latest news helps in making informed investment decisions.
- To minimize risks. Keeping up with the news allows you to react quickly to changing market conditions.
