China continued to dominate the gold market in 2023
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$1 Trillion in Interest Is Breaking the Federal Budget
As investors continue to be cautious of pivotal interest rate decisions from the global central banks, notably the U.S. Federal Reserve (Fed), gold prices have demonstrated minimal change on Tuesday. As of 01:54 GMT, spot gold price recorded a modest loss of 0.1 percent, reaching $2,019.89 per ounce. Similarly, U.S. gold futures declined by 0.1…
Gold Price Forecast higher at $2,250 by year end
Gold prices are continuing to hold above $2,000 per ounce in the new year, and the precious metal will benefit from additional rate cuts in 2024, along with the return of investment demand, according to commodities analysts at JPMorgan.
While the investment bank still maintains that “the only structural bullish call we hold is for…
Gold $2,030 ahead of the PBoC rate decision
Gold Continues to See Buyers