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Tag: gold metal

gold
  • Commodity Market

Gold is predicted to touch a new high of over $4000 per ounce

Mahalakshmi@fastura.com4 months ago01 mins

Gold prices are currently forecast to rise from the current $3000 to $4000 per ounce. It is considered very important to predict that the price will rise to $3000 when it starts at $1800, when it is already approaching $2900. Although it is not specified exactly when gold will reach $4000, it is expected that…

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gold
  • Commodity Market

Gold prices fell as the U.S. currency strengthened

Mahalakshmi@fastura.com5 months ago02 mins

Gold prices closed down 0.79% at $85,196 as investors worried about a strong U.S. dollar and key inflation data. Uncertainty over U.S. trade plans also weighed on the market, with the U.S. President considering imposing a 25% “reciprocal” tariff on European automobiles and postponing additional tariffs on imports from Mexico and Canada until April 2….

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gold
  • Commodity Market

Gold prices rose as trade tensions between the US and China escalated

Mahalakshmi@fastura.com5 months ago02 mins

Rising trade concerns between the US and China and poor US employment figures helped gold prices rise 0.53% to settle at 84,888. By the end of January, China’s central bank had 73.45 million fine troy ounces of gold, increasing its reserves for the third consecutive month. Gold holdings in London vaults fell 1.7% to 8,535…

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