Since the beginning of the year, the price of an ounce of gold has regularly exceeded the symbolic threshold of $2,000, suggesting that the precious metal is on track to reach a new record. While a similar peak was already reached in August 2020, when an ounce reached $2,075.47,…Continue readingRising Gold and Silver Prices: Towards New Historic Heights.
Category: Gold prices today
The recent strength of the US dollar and better-than-expected US economic data have led to a correction in the gold price. The market is now waiting for the Federal Reserve’s thoughts, with the $2,000 level currently providing support for gold. Recent US data releases, including weekly jobless claims and…Continue readingGold Price Corrects as USD Strengthens: Focus on Fed’s Thoughts and Debt Ceiling Negotiations.
Despite several risks that have emerged in recent months, financial markets continue to maintain themselves. These risks include inflation that is not decreasing at the same pace as before, an increase in bank failures in the United States, a slowdown in the global economy, and a rebound in the…Continue readingInvestors are anticipating a smooth end to the year despite financial risks,
The precious metals market is constantly evolving, and gold, in particular, has been on investors’ minds for a long time. At this moment, technically speaking, an ounce of gold is trading at $2039, practically at this moment, after having reached a historic high of $2081 in the last few…Continue readingWill there be a breakout in the price of gold due to its historical highs?
On the London futures market, the price of an ounce of gold reached $2,062.99 before decreasing slightly, its highest level in a year. This increase is due to a pause in the rise of interest rates, which reinforces gold’s attractiveness for investors. However, stock markets, commodities, and bond prices…Continue readingThe price of gold is reaching new highs.
The price of gold has been on a rollercoaster ride in recent days, bouncing back up to $2015 per ounce before falling back to $2000. Gold has been pressured by a stronger dollar and higher Treasury yields, making it less attractive for buyers using other currencies. However, the trend…Continue readingThe price of gold falls on a stronger dollar and higher Treasury bond yields.