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.
A decrease of the indicator value may contribute to the rise in quotes of Silver, Gold and the fall in quotes of USD.
An increase of the indicator value may contribute to the rise in quotes of USD and the fall in quotes of Silver, Gold.
The unprecedented surge in gold prices, which allowed the precious metal to repeatedly renew record highs, has also made this asset one of the most popular tools for long-term investment. Yet another evidence of this became the results of a recent Gallup poll.
On Tuesday, gold prices hovered near a weekly low reached a day earlier, following a 2.7% fall. The market was pressured by a temporary agreement between the US and China to suspend tit-for-tat tariffs.
WisdomTree market strategist Nitesh Shah believes gold prices could reach $4,000 per ounce in the first quarter of 2026. Shah notes that demand for the precious metal should remain strong amid increasing recession risks and accelerating inflation in the United States.
According to JPMorgan, gold prices have the potential to rise to the $6,000 level by the end of the current US President's term. Such a bullish outlook draws investors' attention to gold miners. One of the promising projects is Estelle, owned by Nova Minerals and located in Alaska.
American stocks and the dollar rallied after China and the US reported major breakthroughs in two-day talks over the weekend aimed at easing trade tensions between the two countries.
According to Bloomberg, Peru's gold production is expected to drop by about 60,000 ounces in the coming month due to a mining ban in the country's northern region. The government has taken extreme measures to curb a surge in criminal activity.
Two of the world's main mining concerns have strengthened their positions among West-African gold miners, Stockhead said. Lundin and China’s Zijin companies bought the 10% stack in Predictive Discovery, which owns the Bankan gold project in Guinea.
Gold prices fell by 1.4% on Monday, driven by positive sentiment surrounding trade talks between the US and China. As geopolitical tensions eased, investors moved away from safe-haven assets in favor of riskier ones, Reuters reports.
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.