Gold supply Archives - Page 50 of 61

Gold prices are headed for all-time highs, according to Fundstrat's Mark Newton. A move above $2,009.41 per ounce should lead to the $2,060-$2,080 range, he said in a note. The technical analyst also has an "intermediate target" for gold to reach $2,500. This Thanksgiving may call for a feast on gold as prices push towards all-time highs, according…

Gold

November 22, 2023457Views 0Likes 0Comments

Gold Price Forecast: XAU/USD soars to $2000 as US yields decline, eyes on FOMC

In Tuesday's trading session, the Gold spot price XAU/USD experienced a remarkable surge, breaking the $2,000 barrier and seeing a 1.40% increase. This notable performance was primarily driven by the downdraft in US yields, often seen as the opportunity cost of holding non-yielding metals and by a weak US dollar. Today’s highlight will be the Federal…

Gold

November 22, 2023463Views 0Likes 0Comments

Gold prices trying to hold $2,000 level as the Federal Reserve signals interest rates will remain in restrictive territory

The gold market is off its highs and struggling to hold above $2,000 an ounce as the Federal Reserve signals it will keep interest rates in restrictive territory for the foreseeable future. According to the minutes from the central bank's November monetary policy meeting, the Federal Reserve is maintaining a slight tightening bias. Although the Fed…

Gold

November 21, 2023418Views 0Likes 0Comments

Gold prices steady as Fed fears ease, copper rises on China stimulus

Gold prices were muted on Monday, but retained a bulk of last week’s gains as easing concerns over rising U.S. interest rates pulled down the dollar. Industrial metals saw strong gains, with copper prices rising 0.6% to a 1-½ month high on the prospect of more stimulus measures in major importer China. A weaker dollar helped…

Gold

November 20, 2023468Views 0Likes 0Comments

Available Physical Gold Is Disappearing Off The Market

As the price of gold trades close to the psychologically important $2,000 level, it appears available physical gold is disappearing off the market. This may fuel the price of gold to new all-time highs. November 18 Alasdair Macleod: As far as bond yields are concerned I can see that US Treasury yields may be drifting lower with…

Gold

November 20, 2023470Views 0Likes 0Comments

Dutch Central Bank Admits It Has Prepared for a New Gold Standard

In a recent interview the Dutch central bank (DNB) shares it has equalized its gold reserves, relative to GDP, to other countries in the eurozone and outside of Europe. This has been a political decision. If there is a financial crisis the gold price will skyrocket, and official gold reserves can be used to underpin a…

Silver

November 17, 2023457Views 0Likes 0Comments

Silver market to see record industrial demand, outweighing lackluster investment demand and ETF outflows – Metals Focus

Record industrial demand will continue to dominate the silver market and will be the most significant factor behind the precious metal’s third straight annual deficit, according to the latest update from Metals Focus on behalf of the Silver Institute. While industrial demand is expected to hit record highs this year, total global physical demand is expected…

Gold prices are headed for all-time highs and could eventually hit $2,500, Fundstrat says

Gold Price Forecast: XAU/USD soars to $2000 as US yields decline, eyes on FOMC

Gold prices trying to hold $2,000 level as the Federal Reserve signals interest rates will remain in restrictive territory

Gold prices steady as Fed fears ease, copper rises on China stimulus

Available Physical Gold Is Disappearing Off The Market

Dutch Central Bank Admits It Has Prepared for a New Gold Standard

Silver market to see record industrial demand, outweighing lackluster investment demand and ETF outflows – Metals Focus

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