Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as oil prices surged and expectations for higher U.S. interest rates strengthened....
Tag : Gold
Gold steadies as markets watch US-Iran talks
ISLAMABAD: Gold prices held steady on Thursday as investors weighed a fragile U.S.-Iran ceasefire, preparations for talks in Islamabad and a fresh round of U.S. inflation data that...
Gold and silver selloff ripples into stocks and commodities
MENA Newswire, NEW YORK: Gold and silver prices tumbled in a sharp, disorderly selloff that erased an estimated $7 trillion in notional value across precious metals, after...
Precious metals market sees major year-end correction
EuroWire, NEW YORK: Precious metals fell sharply on Monday as investors locked in profits after a series of record-breaking rallies, leading to steep losses across gold, silver, and platinum markets....
Gold extends rally past $2,950 as investors seek safe-haven assets
Gold prices have surged past $2,950 per ounce, setting fresh all-time highs as investors turn to safe-haven assets amid heightened economic and geopolitical risks. The...
Gold prices soar 26 percent in 2024 amid economic uncertainty
Gold prices surged by 26% in 2024, marking one of the most significant annual gains in over a decade, fueled by monetary policy shifts and...
Wall Street predicts gold to reach $3000 amid rate cuts
As 2024 progresses, gold has surged by over 20%, drawing heightened interest from Wall Street as it begins to outshine the broader U.S. stock market....
Gold reaches record high amid weak dollar and rate cut hopes
Gold prices reached unprecedented heights this week, hitting a record of $2,500.99 per ounce amid weakening U.S. dollar and heightened anticipation of a Federal Reserve...
Bitcoin and gold set for major breakout as ‘macro summer’ begins
Bitcoin and gold are positioned for significant price movements as the macroeconomic landscape shifts, according to Raoul Pal, founder and CEO of Global Macro Investor....
US national debt skyrockets to record $34.4 trillion
The United States is grappling with an unprecedented surge in its national debt, which has reached a staggering $34.4 trillion as of Wednesday. This figure...