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Tag: Gold Prices

Silver to See Growing Deficit in 2024 as Supply Struggles

The global silver deficit is anticipated to increase by 17%, reaching 215.3 million ounces in 2024. This rise is attributed to a 2% growth...

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Gold’s Outlook: Goldman Says $2,700 by Year End, Citi Says $3,000 Within 6-18 Months

As we navigate through 2024, gold remains a beacon of stability amid a tumultuous global backdrop characterized by geopolitical conflicts and economic fluctuations. According...

Gold refreshes all-time peak above $2,400 before retracing on risk aversion, strong USD

Gold reaches record $2,431, then pulls back amid stronger US Dollar and reduced inflation concerns. Geopolitical tensions between Iran-Israel spark market volatility, initially raising...

Bitcoin’s crash to $65k causes meltdown for alts

Bitcoin’s (BTC) value plummeted below $66,000 on April 12, a stark drop from its $71,000 peak earlier in the day, as a wave of...

Gold advances to new lifetime high amid the worsening Middle East crisis

Gold price continues to scale new record highs amid persistent geopolitical tensions. The strong move up seems unaffected by reduced Fed rate cut bets and...

Gold retreats as US CPI data diminishes Fed rate cut hopes

Gold drops as US inflation data complicates Fed rate cut intentions. Investors rethink Fed's monetary approach amid persistent inflation as they now expect two rate...

Gold price soars to unseen highs amid high US yields, unfazed by US jobs data

Gold hits record highs, defying US Nonfarm Payrolls spike and US Dollar gains, highlighting safe-haven status. Fed rate cut outlook adjusted after employment data, central...

Gold price consolidates in a range below record high, bullish potential seems intact

Gold price stalls its recent upward trajectory to a fresh all-time peak touched on Monday. Reduced June Fed rate cut bets continue to underpin the...

Forex Today: Market sentiment remains biased towards the Dollar

The Greenback maintained its constructive stance and extended the consolidative mood around the upper end of the recent range, all against the backdrop of...

Gold fails to capitalize on falling yields amidst US Dollar rebound

Gold prices see second day of decline, falling to $2,159 after peaking at an all-time high of $2,223. The Federal Reserve's dovish stance on interest...

Peter Schiff’s Warning: Another Bitcoin Crash on the Horizon? 

Over $500 million worth of crypto positions were lost in just 24 hours, sending the crypto markets into a tailspin as BTC prices dropped...

Gold slumps and braces around $2,150.00 as US inflation reaccelerates

Gold retreats from the $2,180 mark, reacting to hot US inflation data and Fed's cautious stance on policy easing. Rise in US Treasury yields post-PPI...

Bitcoin Tumbles to $67K As Asia Begins Trading Day

"The recent strong CPI data has further cooled the expectation of a Fed rate cut, and gold prices have also tumbled. The recent...

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