Gold prices surge past $2750 per ounce on record inflows into gold funds. Gold ETFs saw a massiv... Gold (XAU/USD), Silver (XAG/USD) Print Fresh Highs as the DXY Eyes 105.00 Posted by Zain Oct 23, 2024 Share 0 Gold and Silver prices reach new highs amidst a rising US Dollar,...
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“Gold continues to trade positive with prices holding firm above $2500 per ounce, supported by a weaker dollar ahead of the key data and Fed chairman’s speech later in the week at Jackson Hole Symposium. Trader’s will be looking for clues on the quantum of rate cuts at th...
Some are already claiming this is “the year” for silver as it latches onto an inflation-fueled rally to eventually surpass the $30-an-ounce mark that was last seen nine years ago. Such projection is not unwarranted; there is plenty ofhistorical evidence ...
The billions in demand triggered the rise of silver to more than $50 per ounce.5The silver bug siblings continued to take delivery and borrowed heavily to take out even morefutureson silver once their immediate cash was all tied up.6 ...
* Spot gold rose 0.2% to $1,864.39 per ounce by 0117 GMT, earlier hitting its highest since Sept. 29. U.S. gold futures climbed 0.8% to $1,878.20. * Gold prices closed about 1.6% higher on Monday, its biggest one-day jump in five months, as military clashes between Israel ...
Silver Futures:Price changes for outright transactions, including exchanges of silver futures for physical (EFP), are in multiples of one-half cent ($0.005) per troy ounce, equivalent to $25 per contract. For straddle or spread transactions, as well as the determination of settlement prices, th...
Silver futures jumped almost 12% on Monday to more than $30 per ounce — an eight-year high — following strong gains over the weekend. On Twitter, #silversqueeze was trending as investors turned their attentions to the latest market strategy to emerge from the WallStreetBets forum on Reddit...
Traders bet the U.S. Federal Reserve will start cutting interest rates in the second half of the year, lifting prices of the precious metal. The gold contract for April gained $30.60, or 1.46%, to settle at $2,126.30 per ounce, the highest level dating back tothe contract's creation ...