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
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City Index expert forecasts gold prices to drop to $3,000 in short term
City Index analyst Fawad Razaqzada expects bullion prices to drop to $3,000 per ounce in the near term. The expert attributes this forecast to growing investor optimism about the US and global economies. However, he believes gold will retain its growth potential.
16 May
Bitcoin may outperform precious metal as crypto derivatives market expands — JPMorgan
JPMorgan notes that bitcoin may outperform gold due to sustained interest from institutional investors in the cryptocurrency. The token's growth is being supported by increasing corporate capital allocations to bitcoin and the adoption of laws permitting governments to invest in this asset.
16 May
State Street Global Advisors strategist forecasts gold to gain strength as dollar weakens
George Milling-Stanley, Chief Gold Strategist at State Street Global Advisors, expressed strong confidence in gold's upside potential during his latest market analysis. In his opinion, persistent economic uncertainty will continue to fuel demand for safe-haven assets.
15 May
A decrease of the indicator value may contribute to the rise in quotes of Gold.
15 May
On Thursday, gold prices fell to their lowest level in over a month as the precious metals market faced pressure from easing trade tensions between the United States and China.
15 May
Scottsdale Mint CEO sees US tariffs as serious threat to silver market
According to Josh Phair, CEO of the Scottsdale Mint (USA), Donald Trump's new duties on imported products, regardless of their size, will have a pronounced negative impact on the market for both silver and gold.
15 May
China's gold market may start to cool down after trade tensions ease – WGC
In April, China's gold market performed extremely well. However, as head of China research at the World Gold Council (WGC) Ray Jia warns, demand in the country could weaken as tensions between the world's leading economies subside.
15 May
Argentina has made a major breakthrough in its mining sector with the discovery of a deposit containing an estimated 80 million ounces of gold and silver, along with 12 million tons of copper. According to Earth.com, the country is poised to become a major player in the global metals market.
14 May
Russia's gold reserves reach new maximum
According to the data published by the Central Bank of Russia, the value of the country's gold reserves at the end of April updated the previous record and amounted to $247 billion.
14 May
Easing trade tensions between US and China weigh on gold
Gold prices were down 0.4% on Wednesday as easing trade tensions reduced demand for the safe-haven asset.
14 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.
