Gold (XAU/USD) Lost 6.7% In Two Weeks, What Comes Next?
Gold prices closed the week that ended on January 15 about 1.1% lower after losing 2.6% the week before. But, a new stimulus package plan introduced by Joe Biden may ...
Tag: metal markets
Copper Surged After China Published GDP And Industrial Production Positive Data
On January 18, 2021, the prices of copper gained 1% to trade at around $3.63. This increase in market value is a result of the positive GDP growth and industrial ...
Gold (XAUUSD) Turns Green And Reclaims $1880 Level
Gold has been volatile in recent weeks as uncertainty dominates the global markets over the efficacy of various COVID vaccines. XAU/USD reversed an intraday dip to the $1867-66 zone and ...
Gold (XAU/USD) Bulls Target $1,900 As Brexit And Virus Woes Neutralize US Stimulus
Gold prices are oscillating around $1,885 after the $5 move at the start of the week. The Asian session has seen a tug of war between the bulls and the ...
Despite The Falls, Medium-Term Outlook Favors Gold Buyers
Gold markets have witnessed a roller coaster of price actions in recent months. From recording all-time highs above $2070 in early August to threatening a move towards $1700 in late ...
Is Silver The Next Bitcoin?
Analysts have been following these assets for some time now. In their opinion, it not an either-or dilemma. Most of the experts advise that investors should own both of them ...
Dubai Diamonds And Gold March-June Trade Surpasses $18B
The latest Dubai Customs reports released on September 21, 2020, indicate that Dubai’s gold and diamond air cargo reached around AED67.1 billion ($18.27 billion) between March and the end of ...
Gold And Silver Miners Increasing Continually Amid Covid-19
The precious metals markets are currently experiencing increased activity due to the COVID-19 pandemic that has affected many economies globally. The miners took a thorough beating when the pandemic first ...
Silver Is Struggling To Settle Above $17.50
Silver is trying to develop a strong upside momentum hovering near the $17.50 resistance zone. The industrial metal is trying to rise as the United States dollar loses some notable ...
Gold, Silver, And Platinum Respond To The Fed’s ‘Touch’
The precious metal markets loved the Fed on June 10. Gold, Silver, and platinum spiked immediately after the FOMC announcement. The Federal Reserve continued to build upon the world’s biggest ...
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