Tag: Gold price down
-
Gold Drops to 6-Month Low, to stack bullion or no to stack?
The price of gold has experienced a significant decline of over 10% from its peak in May 2023. This drop raises questions about the prevailing trend and whether it’s an opportune moment to invest in gold. This decline is part of a broader trend in the metals market, where various commodities are facing downward pressure.…
-
The price of gold falls on a stronger dollar and higher Treasury bond yields.
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 remains bullish, and gold is expected…
-
Why gold price is going up (or down)?
In this article, we’ll review some of the biggest sources of supply and demand in the gold market today, with a discussion about the potential future or spot price of gold. First, let’s cover the upward pressures on gold prices. Pressures for the Gold Rate to Increase: Next, let’s cover pressures pushing the rate of…
-
How Gold Could Severely Correct Soon.
To summarize, the “positive” unemployment numbers are making the Fed and other investors change their outlook on the US economy at least a little. If the “good news” continues — and we highly are skeptical of this — then inflation will likely become a larger concern to the Fed than cheap credit, meaning they could…
-
Why Gold Prices Just Fell amid inflation.
Gold prices just fell like a rock this ultimate month — from $2050 in march to $1753 today. Something like $300 so far, and they’re still falling. This isn’t enough to ruin the market, but it’s enough that I’ve already been receiving emails from people asking what’s happening. On the economy, US treasury said: “The…
-
Gold Prices Fluctuate, As Indian Market Falls for Second Day
Gold had a mixed day of trading on Tuesday as its morning losses later reverted into gains by the end of the day. The price of gold in the global market moved back over $1,800 an ounce, after a poor day of trading on Monday had pushed them under $1,800. The gold price gains in…
