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Dollar Gold Platinum Silver
January 15, 2024415Views0Likes0Comments

Geopolitical uncertainty and Fed rate cuts driving gold price momentum next week

Market conditions are aligning for the gold market as the precious metal benefits from safe-haven demand and growing expectations that the Federal Reserve will cut rates sooner than expected. The gold market is ending the week testing resistance at $2,050 an ounce and according to some analysts, the precious metal still has room to move higher…

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Gold Platinum Silver
January 12, 2024338Views0Likes0Comments

Hydrogen economy poised as key growth booster for platinum group metals – Heraeus

The hydrogen economy is an important new growth area for platinum group metals (PGMs) and, in turn, PGMs are pivotal for hydrogen production and application across a broad front. Accentuating this in a Zoom interview with Mining Weekly, Heraeus Precious Metals new business development executive VP Dr Philipp Walter highlighted the strong global current momentum of…

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Dollar Gold Platinum Silver
January 12, 2024518Views0Likes0Comments

Gold price falls as bets supporting rate cuts in March ease after US CPI data

Gold price (XAU/USD) turns volatile as United States Bureau of Labor Statistics (BLS) has reported hotter-than-projected Consumer Price Index (CPI) data for December. Annual headline inflation accelerated to 3.4% against expectations of 3.2% and the former reading of 3.1%. In the same period, the core CPI that excludes volatile food and oil prices at 3.9%…

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