A decrease of the indicator value may contribute to the rise in quotes of Silver, Gold and the fall in quotes of USD.
29 October
Gold News
Categories
ETF demand and Trump’s tariffs drive gold prices to new heights
According to precious metals analysts at Heraeus, US President Donald Trump’s trade tariffs will continue to drive bullion prices up. In a recent report, the company’s experts noted a decline in physical gold sales.
3 June
According to the Bank of America (BofA) model, market participants remain bearish on the dollar, particularly against the euro and the British pound.
2 June
Gold may seem overbought to traders right now, but it’s actually under-owned. This is evident from the extremely low total open interest on the CME, which is hovering near multi-year lows at just 425,000 contracts, according to TDS’s Daniel Ghali.
2 June
Gold’s surge may signal economic weakness — MSN
Gold’s record premium over the Bloomberg Industrial Metals Index, the widest since 1991, could be a warning sign for the global economy, says Bloomberg Intelligence strategist Mike McGlone. While gold has risen 40% in the past year, prices for industrial metals have fallen about 10%.
2 June
Ghana expects gold output to grow by 6.25% to 5.1 million ounces in 2025
Gold production in Ghana could increase by 6.25%, reaching 5.1 million ounces in 2025. This would surpass last year's record high of 4.8 million ounces, as reported by the country's Chamber of Mines.
2 June
Gold prices climbed to $3,326 per ounce on Monday as escalating trade tensions drove investors toward safe-haven assets, Reuters reports. A spike followed US President Donald Trump’s threat to hike steel and aluminum tariffs to 50%.
2 June
An increase of the indicator value may contribute to the rise in quotes of Gold.
30 May
No change of the indicator value may reduce the volatility of the related markets.
30 May
A decrease of the indicator value may contribute to the rise in quotes of Silver, Gold and the fall in quotes of USD.
30 May
Gold prices rose amid weaker dollar and higher-than-expected US unemployment claims
Gold prices climbed nearly 1%, according to the website Kitco News. The rally was driven by a 0.6% decline in the US dollar index, fueled by economic slowdown, uncertainty over American trade policy, and a court ruling challenging some of President Donald Trump's tariffs.
30 May
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.
