Gold Gains as Powell’s Comments Fuel Rate Cut Hopes
10 Articles
10 Articles
Analyzing Gold's Historic Rally: A Comparison With Previous Highs By U.S. Money Reserve - Data Intelligence
Analyzing Gold’s Historic Rally: A Comparison with Previous Highs In recent years, gold has reasserted itself as a safe haven asset for investors amid global economic uncertainties. The precious metal’s historic rally, which gained significant momentum in 2020 and continued into 2023, has prompted comparisons with previous peaks in its valuation. This article seeks to analyze the factors driving gold’s ascent and juxtapose this rally with prior …
Gold Awaits Fed Rate Cut… Stability in Local Markets
Gold prices in the local market remained stable during Saturday’s trading, coinciding with the global market holiday. This came after the ounce closed the week with notable gains, supported by growing speculation that the U.S. Federal Reserve will cut interest rates at its upcoming September meeting.
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