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Gold is approaching its all-time high of mid-July again, Commerzbank’s commodity analyst Carsten Fritsch notes. New record high is therefore only a matter of time “The geopolitical tensions in the Middle East and speculation about upcoming interest rate cuts by the ...
Investors seeking refuge from inflation are again embracing gold, as often happens when the stock market turns stormy. But with prices of the shiny metal now near an all-time high, some people may be tempted to sell and lock in a profit. The spot price for gold is about $1,958 an oun...
LONDON (March 8) Gold prices have hit another all-time high, having risen for the eighth consecutive day as it enjoys its best week in the last five months. Spot gold prices are up 0.5%, breaking the US$2,170 an-ounce mark for the first time as hopes for
Should you invest in gold when the stock market is at an all-time high? While investing in gold may appear like an obvious choice at such times, ultimately your decision depends on your financial goals, risk tolerance and investment horizon. Avoid making snap decisions based on market peaks;...
The Daily Gold, Released on 12/1/23 Gold closed the week at an all-time high on all time frames. We talk to Gregory Weldon about the current drivers,
Ultimately the physical market is what drives long-term price trends; however, over the short run, the more speculative interest which participates through futures has a major impact on price swings. For gold investors who are looking to time either their purchases or sales for greater value, pa...
The price of gold surged to an all-time high on Monday. Some experts pointed to the worsening of U.S.-China trade and political tensions. Others cited growing investor concerns that an economic recovery from thecoronavirus pandemicmight be weakening in the U.S. and elsewhere. ...
high as $2,466.27 per ounce, surging past the previous record set in late May and rising over 23% from its 52-day low in February. Gold futures set an all-time high by rising above $2,740, as did the metal’s largest ETF, SPDR Gold Shares, with prices approaching the $228 mark....
The gold spot price surged to a new record high overnight on Monday. For the first time ever, gold traded above $2,100 per ounce in terms of U.S. dollars.