Key points: U.S. jobless claims and consumer sentiment data are set to provide fresh economic insights. Platinum faces its largest market deficit in a decade, influencing its pricing dynamics. Gold prices stabilise as economic data looms Gold prices held steady …
Key points: Gold prices see a modest increase as traders anticipate a Federal Reserve rate cut. Geopolitical tensions and economic indicators remain key drivers for market movements. Gold prices rose for the second consecutive session on Tuesday. This increase comes …
6th May 2024 – In the early trading hours on Monday in Asia, gold prices saw a decrease of 0.3%, with spot gold dropping to $2,294.97 per ounce as of 0040 GMT. Similarly, U.S. gold futures also experienced a dip …
Gold prices are on track for a second consecutive weekly decline but remained stable on Friday morning at $2,301.49 per ounce as of 0215 GMT. The modest weekly loss of over 1% reflects a broader pullback from the record high …
ICYMI – Market Summary for 2 May 2024 Despite market speculations, Federal Reserve Chair Jerome Powell has reiterated the central bank’s position, maintaining interest rates at 5.25%-5.50%, levels not seen in 23 years. This comes despite ongoing challenges in achieving …
Gold is essential for your diversification strategy. Learn how to protect your portfolio. With recent occurrences such as geopolitical tensions and climate change, the markets have become more unpredictable than ever before. This can be tricky for anyone trying to …
Gold prices saw a modest increase on Friday, with spot gold climbing 0.3% to $2,339.32 per ounce by 0640 GMT, and U.S. gold futures also rising 0.4% to $2,351.20. This slight uptick comes as markets anticipate the release of key …
In today’s trading session, gold continued its recent decline, dropping 1% to reach $2,300. Earlier in the month, the precious metal approached the $2,400 level but did not maintain it at the close of the day. This decline appears tied …
As fears of an escalation in the Middle East subside, investors are shifting away from safe-haven assets, resulting in a boost to global equities. The MSCI global stock index (EURONEXT:IACWI) saw an increase of 6.01 points or 0.81%, reaching 749.29. …
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