Silver prices rose above $100 an ounce for the first time ever on Friday, while gold hit another record en route to $5,000/ounce as investors pile into safe-haven assets amid geopolitical turmoil and expectations for US interest rate cuts. Spot silver jumped 4.5% to $100.49 an ounce by 1649 GMT. (Unsplash) “Silver should continue to […]
Gold rose, on track for a fourth monthly gain, on heightened expectations for another interest-rate by the US Federal Reserve. Silver advanced to within a dollar of a record. Gold has consolidated above the $4,000-an-ounce level since pulling back from its peak. (AFP) Gold prices rose 0.8% to $4,190.17 an ounce as of 10:03 am […]
Gold prices held a three-day drop, hurt by fading expectations for another rate cut by the US Federal Reserve next month. Gold has still gained more than 50% this year despite the recent pullback, and remains on course for the best annual gain since 1979. (Bloomberg) Gold traded near $4,034 an ounce, after losing almost […]
Bullion steadied following two days of losses that were spurred by fading optimism the US Federal Reserve will cut interest rates next month. Gold is still up about 55% this year and remains on target for its best annual performance since 1979. (AFP) The gold price was trading slightly below $4,100 an ounce on Monday, […]
Gold dipped below $4,000 an ounce after China ended a long-standing tax rebate for some retailers, a change that could weigh on demand in one of the world’s largest precious-metals markets. Gold prices are still up by more than 50% in 2025 as the fundamentals that pushed gold higher are expected to remain in place. […]
Gold staged a partial recovery following a run of losses as traders weighed conflicting views from the US Federal Reserve on chances of more rate cuts. Higher interest-rates tend to pose a headwind for non-yielding gold. (AFP) Gold prices rose as much as 0.9% to trade near $3,967 an ounce after falling almost 5% over […]
Gold steadied after a three-day selloff, with buyers buying the dip ahead of an expected interest-rate cut by the US Federal Reserve. Even after the pullback, the gold rate still up about 50% this year. (Bloomberg) Gold prices held near $3,950 an ounce, after losing more than 4% over the prior three sessions. Spot gold […]
Gold clawed back some losses after plunging below $4,000 an ounce on Monday as progress in the US-China trade talks sapped demand for safe-haven assets. Gold has pulled back decisively from a record above $4,380 an ounce last Monday following a blistering rally. It’s still up more than 50% this year. (Bloomberg) Gold prices rose […]
Gold prices slid below $4,000 an ounce, extending losses from the worst rout in over a decade as progress on a US-China trade deal sapped haven demand. $3,500 an ounce is a level that “would be healthy for the gold market, because it still would be a ridiculously high price”. (Reuters) The spot gold prices […]
Prices of gold and silver rose to records as fears about credit quality in the US economy and a “US-China trade war” called out by President Donald Trump strengthened demand for havens. Some traders to book cargo slots on transatlantic flights for silver bars—an expensive mode of transport typically reserved for gold—to profit off higher […]
