No change of the indicator value may reduce the volatility of the related markets.
No change of the indicator value may reduce the volatility of the related markets.
According to Kitco News, gold may become an object of active trading due to its price remaining below the $3,400 per ounce level. Analysts at Societe Generale plan to hold a 7% share of the metal in their investment portfolio until the end of the Q3, considering it a key trading instrument.
According to Bloomberg data, gold prices have fallen for the first time in three weeks due to a slight easing of geopolitical tensions in the Middle East, which has reduced demand for safe-haven assets.
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.
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.