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Thursday’s breakout in gold supports a phase II rally towards $2,800. The most bullish outcome would be if prices finish next week above $2,650. In that case, I’d have to raise my price target ...
(Bloomberg) -- Gold rose to another record high, building on Thursday’s surge of nearly 2% as traders added bullish wagers ahead of a widely expected Federal Reserve interest-rate cut next week.
Gold is one of the most vital metals in the world and a unique asset, with the ability to enhance portfolio diversification, act as store of value, and hedge against systemic risk. In 2024, gold ...
Gold prices jumped to fresh all-time record highs Thursday, as traders anticipate an interest rate cut by the Federal Reserve next week after this week's data indicated a slowing U.S. economy. The ...
Gold's rally continues, reaching a record high of $2,559 after breaking out of consolidation, with analysis pointing to potential targets including 2,724. Gold follows through to the upside on ...
Gold prices rose more than 1 per cent to hit a record high on Thursday, helped by expectations of an interest rate cut by the Federal Reserve next week after U.S. data signalled a slowing of the ...
Gold prices surged by ₹86 to ₹72,013 per 10 grams in futures trade on Thursday (September 12). This rise came as speculators built fresh positions amid robust spot demand. Globally, gold futures saw ...
U.S. PPI up slightly more than expected U.S. jobless claims rose last week Palladium hits highest since July 3 on Russian supply concerns Sept 12 (Reuters) - Gold prices rose more than 1% to hit a ...