US EditionJim O’Neill on Miningweb: What Is the Gold Price Telling Us?
6 Articles
6 Articles
UK gold investing hits ‘crisis’ level as number of first-time buyers tops the pandemic
Gold sentiment among UK investors and savers has leapt to levels only seen during extreme crisis events, new data from world-leading marketplace BullionVault shows today, as gold spikes to fresh record prices, spurring a near-record number of people to start buying precious metals for the first time. Gaining and then losing £350 per Troy ounce in October, the price of gold continued to trend higher, setting its 15th new month-average record in a…
Dubai Gold Prices Dip Slightly, Offering Shoppers a Breather After Record Highs
Dubai gold cools as global prices soften and China tax policy clouds jewellery demand Retail gold prices in Dubai softened on Tuesday, tracking a weaker global trend as investors awaited clearer signals on US monetary policy and digested fresh policy developments in China. In the UAE, 24-karat gold stood at Dh480.25 a gram, down from Dh483.75 on Monday. The popular 22-karat category slipped to Dh444.75 from Dh448. (Check latest UAE gold prices h…
This article was originally published on Cedarnews.net. For more news and exclusive reports, visit our website. The price of an ounce of gold on the Comex commodities exchange in New York fell by $32.50 to $3,981.50. Azertag news agency reported that the price of silver fell by $0.79 to $47.26. This news was published on the Cedarnews website. For more breaking news and exclusive reports, visit our official website.
The gold market is under pressure after US Federal Reserve (Fed) officials failed to signal a December interest rate cut. Cautious statements from Fed Governors Lisa Cook, Mary Daly, and Austan Goolsbee supported Chairman Jerome Powell's warning that a "cut is not guaranteed." With this development, spot gold prices fell below $4,000 per ounce, while gold per gram fell to 5,397 Turkish Lira on the open market. Investors and jewelry buyers are cl…
The Search for a Bottom in Gold Continues: What Are the Prices of Quarter, Gram and Half Gold Today?
The volatile trend in the gold market continues. Although gold dipped below $4,000 per ounce again, it recovered this morning and settled near that level.
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