Why is the Price of Precious Metals Dropping?
Gold prices are facing pressure on Wednesday as the US dollar strengthens, with the US dollar DXY index reaching a high of 104.12 and gold prices falling to the $2,027 range. This...
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Expert predicts gold price to average $2,059 per ounce in 2024, representing a 6% increase from the previous year
KUALA LUMPUR: According to the London Bullion Market Association (LBMA), the average price of gold is expected to rise by 6.1% in 2024 to US$2,059 (RM9,806) per ounce compared to the average...
Gold prices decline before release of US core PCE inflation data
Share: Gold price reacts to Fed's hawkish tone, US Dollar strengthens. Market awaits US core PCE inflation data for further direction. The price of gold (XAU/USD) faces downward pressure in...
Top rates in major Indian cities
Gold prices in India experienced a slight decline on Wednesday, with the Multi Commodity Exchange (MCX) reporting a decrease in prices. The price of gold stood at 61,951 Indian Rupees (INR) per...
Gold Price Decreases by Rs 100 per Tola: Latest Update on myRepublica
In a surprising turn of events, gold prices in the domestic market saw a decrease of Rs 100 per tola on Wednesday, much to the relief of buyers and investors. Currently, fine...
Gold and silver prices drop on MCX today, February 28, 2024
On February 28, 2024, both gold and silver prices experienced a decline on the Multi Commodity Exchange (MCX). Gold futures maturing on April 5, 2024, saw a marginal dip of Rs 106...
The Historical Resilience of Gold as a Store of Value: A Key Element of its True Worth – Inspirante Trading Solutions
The introduction of the first spot Bitcoin (BTC) exchange-traded funds (ETFs) in the U.S. has sparked a reevaluation of gold among investors. While gold has remained relatively stagnant around $2,040, Bitcoin and...
XAU/USD Maintains Gains, Anticipates Important US Data Release
The Gold market analysis is showing a continued bullish trend even with subdued volatility as both the dollar and US yields have eased. This trend is expected to continue as gold prices...
March 2024 Gold Price Forecast: Will Gold Retest $2050?
Over the past two weeks, the gold price has shown signs of consolidation but could potentially retest the $2050 level in the upcoming month of March 2024. The current strength in the...