Tag: gold price up

  • Gold Shines Again and Reaches its Highest Level in a Year!

    Gold Shines Again and Reaches its Highest Level in a Year!

    Reading Time: 2 minutes The gold market seems to be on the rise lately, and the price of the yellow metal has reached its highest level in over a year. The price of an ounce of gold is currently close to $2,040. This increase is related to the growing expectations of the end of the…

  • Why gold price is going up (or down)?

    Why gold price is going up (or down)?

    Reading Time: 3 minutes 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…

  • Gold Prices Higher as central Banks increase reserves.

    Gold Prices Higher as central Banks increase reserves.

    Reading Time: 3 minutes For the first time in three weeks, central banks increased their gold bullion reserves, while hedge funds strengthened bets that a rally would occur. Comex futures prices reached a two-week high on Thursday, ending the U.S. trading day on a positive note. Activity was characterized by bargain purchases and covering short positions. Precious…

  • Could gold fall again soon and nothing to support its price.

    Could gold fall again soon and nothing to support its price.

    Reading Time: 2 minutes A question by Doug : I guess just back off till it drops some more? What do you say? ? Answers Provide a response using the comment section. After review we will update the answers. “If you want the most gold, dollar cost averaging continues to work. Put in the same dollar amount…

  • Is gold bullion price ready for a new rally?

    Is gold bullion price ready for a new rally?

    Reading Time: 2 minutes The price of gold bullion can vary significantly depending on the particular type of bullion coin that you are interested in. There are many different factors that can affect the price you pay for your investment, which is why it is important to know exactly which factors will benefit you based…

  • Gold prices rise to $2000 per ounce as Russia-Ukraine war pushes up.

    Gold prices rise to $2000 per ounce as Russia-Ukraine war pushes up.

    Reading Time: 2 minutes Gold prices keep steady on Tuesday after increasing on Monday due to increasing worries on global growth and rising geopolitical tensions in Ukraine. Data released yesterday showed deterioration in Eurozone economy continued to deepen, especially in Germany, while Germany’s central bank Bundesbank said in a recent report that the economy started…