Tag: 2022 gold price

  • Gold Rises Amid Rising Trade Uncertainty and Geopolitical Tensions.

    Gold Rises Amid Rising Trade Uncertainty and Geopolitical Tensions.

    Reading Time: 3 minutes After having reached its first weekly gain in four last week due to US President stating that he was not looking for a partial deal with China and the US announcing its new sanctions on Iran, gold prices kept its strong position and inched up on Monday. On economic data side,…

  • Gold Finds Support from Weak Economic Indicators.

    Gold Finds Support from Weak Economic Indicators.

    Reading Time: 2 minutes While weakening Ifo business climate index in Germany and contracting South Korean economy in the first quarter indicate the world economy is not in recovering phase yet despite strong economic data released in the US and China, gold hits $1,803 an ounce on Thursday, finding support from falling equities and note…

  • Weakness in Gold Prices Remains

    Weakness in Gold Prices Remains

    Reading Time: 2 minutes Weakness in gold prices remains after declining with better-than-expected US growth data and cautious statements over trade talks between US and China last week. While strong dollar keeps pressuring the prices, kept criticizing Fed Chair Jerome Powell in his speech on Saturday and said the U.S. dollar is too strong. In…

  •  Gold Price January 2022.

     Gold Price January 2022.

    Reading Time: 3 minutes In January 2022, the price of gold experienced a significant increase, as global uncertainty and economic instability drove investors to seek safe-haven assets. The price of gold reached a six-month high during the month, reaching levels not seen since July 2021. The price of gold rose steadily throughout January, peaking at…

  • Gold price surge expected as Asia stocks decline after China reports weak trade data.

    Gold price surge expected as Asia stocks decline after China reports weak trade data.

    Reading Time: 2 minutes Stocks in China and Hong Kong declined on Monday following significantly weaker than expected Chinese trade data released over the weekend while gold prices rose as investors sought safety in the precious metal. Jan 21, 2022 AM USD 1834.25 GBP 1352.03 EUR 1618.54 The Hang Seng Index dropped to 26,298.3, a…

  • Gold Remains Firm on Rate Hike Expectations

    Gold Remains Firm on Rate Hike Expectations

    Reading Time: 2 minutes Gold prices remained firm in the early hours of trading on Wednesday. The stable prices for the precious metal were supported by expectations in the market that the United States Federal Reserves would lessen the likelihood of rate hikes during next year. gold price per gram. 999 Gold/24 Kt 58.22 51.09 54.14…