Gold
2024: The Year Gold Takes Center Stage
Gold, the age-old symbol of wealth and stability, has captured the attention of investors and enthusiasts alike with its remarkable performance in recent years. As we step into 2024, the question on everyone's minds is whether gold will continue to shine as a …
Your Guide to Gold Investments: Physical Gold and Gold Stocks
Investing in gold has always been a subject of fascination for both seasoned investors and those looking to safeguard their wealth. Whether you're interested in acquiring physical gold or considering gold stocks and mining investments, this comprehensive guide …
Gold prices stagnate ahead of US inflation data
Gold prices traded in a narrow range on Wednesday as traders awaited the release of U.S. inflation data, which was expected later in the day and could have implications for Federal Reserve policy. Spot gold was down 0.1% at $2,031.43 per ounce, while U.S. gold …
Gold prices remain stable above USD 2,000
Gold prices remained just above the key USD 2,000 per ounce level on Wednesday as investors turned their attention to the Federal Reserve's interest rate decision. Spot gold traded in a narrow range of USD 5.48 and remained at USD 2,017.09 per ounce after …
Gold prices fall slightly due to dollar recovery
Gold prices fall slightly as the dollar recovers and the market is waiting for signals from the U.S. jobs report. Spot gold prices fell 0.1% to $2,018.53 per ounce, but remained up 2.6% on economic concerns. U.S. gold futures also slipped 0.1% to USD 2,034.30. …
Gold prices rise due to banking crisis
On March 15, gold prices rose more than 1% to their highest level since early February. The crisis in the banking sector has discouraged investors from buying riskier assets, driving them instead to the safe haven of bullion.
Gold miner Newmont to buy rival Newcrest
In the largest takeover bid announced this year, two of the world's largest gold mining companies are negotiating a merger to create a global production giant.
Best year for commodities since 2009
Every year around this time we update our popular Periodic Table of Returns on Commodities. I invite you to compare the returns of 2021 with those of previous years.
Energy & Precious Metals
Oil was down again last week and gold rose above $ 1,800 for the first time in a month. While the Omicron fear was blamed for the first development and inflation for the second, there was a third, less noticeable factor for both developments that could become …
Gold: US retail sales trigger new crash
Gold plunged to a five-week low below $ 1,750 on Thursday after U.S. retail sales surged more than 15% in August and the economy was drenched after weeks of difficult data on the Delta variant of Covid. The most active December contract for gold futures on New …