US EditionGold Price Forecast: XAU/USD Nears $5,100 Record High Amid Renewed Trade Uncertainties
9 Articles
9 Articles
The search for safe haven assets by investors has led the gold to revalidate maximum after maximum and rub the $5,100 per ounce. Only in the year it accumulates an increase of 22%, which is short compared to the 58% that advances the silver, which is already quoted already above the 100 dollars per ounce after having revalued a 150% last year. Continue reading
Editorial Peru21: The latest record for the price of gold reached the astronomical figure of $5,100 per ounce, a figure never before reached in its entire history.
The price of gold, upped by a less stable world order and the depreciation of the dollar, reached this Monday before the opening of the stock market a new historic high by exceeding $5,100 per ounce, thus doubling its value in just one and a half years.
القدس العربي
aletihad.aeNew York: The price of gold exceeded $5,200 per ounce today, Wednesday, and recorded an unprecedented level, continuing a historic surge in demand for yellow metal, which is a safe haven under economic and geopolitical uncertainty. (Rotters)
XAU/USD nears $5,100 record high amid renewed trade uncertainties
Gold (XAU/USD) has resumed its broader upside trend on Tuesday, and returns to levels near the all-time highs in the $5,100 area. Trade uncertainties, growing fears of a US government shutdown, and market expectations of further Fed easing are boosting demand for safe havens. US President Trump brought concerns about its erratic trade policy back to the table after raising 10% tariffs on South Korea by 10%, following a trade rift with Canada on …
On Monday, the international gold price rose by more than 2.15%, reaching record levels close to $5,100 per ounce, driven by the weakening of the US dollar, the increase in political uncertainty in Washington and the fear of the market...
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