China's gold Archives - Page 26 of 37

Reported global central bank gold reserves, via the IMF and publicly available sources, rose by a net 44t in November Gross purchases (60t) heavily outweighed gross sales (15t) as central bank demand maintained its momentum* Central banks bought net 44t of gold in November Change by country Central bank purchases in November 2023 continued to be…

Dollar Gold Platinum Silver

January 8, 2024510Views 0Likes 0Comments

Why The Gold Price Coud Experience Shocking Price Action?

Gold prices are trading lower as traders are getting ready for one of the biggest events of the week, which will take place later today. There is no doubt that the gold price staged a remarkable rally last year with a gain of 13% as the Fed dialled down on its dovish hawkish stance and…

Dollar Gold

January 4, 2024487Views 0Likes 0Comments

Gold Price Forecast: XAU/USD retreat post-Fed minutes as Greenback hits new high

Gold slumps to two-week low after Fed minutes show no dovish tilt, despite acknowledging inflation progress. XAU/USD struggles with over 1% loss as US Dollar Index surges 1.11%, reflecting robust USD performance. Market eyes upcoming US ADP Employment data, Jobless Claims, and PMIs, with focus on December's Nonfarm Payrolls report. Gold price slid…

Dollar Silver

December 27, 2023577Views 0Likes 0Comments

Silver Price Forecast For 2024: Rate Cuts May Push Silver Towards $30

Rising demand, lower interest rates, and technical factors may trigger a strong rally in silver markets in 2024. Silver was range-bound in 2023 as rising yields and fluctuations in gold/silver ratio hurt market sentiment. The beginning of the rate cut cycle in 2024 may trigger a rally in precious metals and push silver to new highs. A…

Dollar Gold Platinum Silver

December 27, 2023363Views 0Likes 0Comments

Gold Price Forecast: Bullish Surge as US Inflation Softens and Rate Cut Hopes Rise

The GOLD ,market (XAU/USD) has maintained its bullish momentum, consistently trading above $2,050. Recent data from the US Bureau of Economic Analysis, which showed a less pronounced rise in the core Personal Consumption Expenditure (PCE) price index for November, are largely responsible for this positive trend. The monthly core PCE index reported a modest increase of…

Dollar Gold Platinum Silver

December 27, 2023444Views 0Likes 0Comments

Gold Price Forecast – Gold Markets Rally Slightly on Tuesday

Gold markets have rallied just a bit during the trading session on Tuesday, as we continue to see plenty of buying opportunity. Gold markets rallied just a bit during the trading session on Tuesday, as we continue to see a lot of upward pressure. The $2050 level is an area where we would see a…

Dollar Gold Platinum Silver

December 22, 2023367Views 0Likes 0Comments

XAU/USD extends its upside above $2,050, all eye on US PCE data

Gold price attracts some buyers to $2,055 amid the weaker US Dollar. US Q3 GDP came in weaker than expected, expanding at 4.9% The markets are pricing in around 79% odds of a rate cut in March. Gold traders await the US Core Personal Consumption Expenditure Price Index (Core PCE), due on Friday. Gold price (XAU/USD) extends its gains…

Central banks bought net 44t of gold in November

Why The Gold Price Coud Experience Shocking Price Action?

Gold Price Forecast: XAU/USD retreat post-Fed minutes as Greenback hits new high

Silver Price Forecast For 2024: Rate Cuts May Push Silver Towards $30

Gold Price Forecast: Bullish Surge as US Inflation Softens and Rate Cut Hopes Rise

Gold Price Forecast – Gold Markets Rally Slightly on Tuesday

XAU/USD extends its upside above $2,050, all eye on US PCE data

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