Gold prices back in limelight after mild correction
Spot gold tested a new lifetime high last week due to a combination of factors that have converged to propel the demand for the yellow metal. Multiple catalysts like US …
gold price rise
The gold market hunts for answers behind bullion’s sudden surge
Gold’s scorching run to an all-time high may seem easy to explain from a distance, given the fractious geopolitical climate and murky outlook for the global economy. The precious metal …
Eroding geopolitical risk premium not in favour of gold’s appeal
Dismal US monthly job report and ISM services data Friday sank the US yields and consequently, the US Dollar index, which propelled the gold prices above $2000. However, reduced geopolitical …
gold price rise: Gold rises for first time in 4 weeks amid Israel-Hamas conflict. Can it shine some more?
Gold prices have seen a notable weekly gain of more than 3%, marking their first increase in four weeks. This surge is primarily attributed to ongoing geopolitical tensions, notably the …
gold price: Gold riding on US disinflationary trends; US retail sales and housing data in focus
COMEX Gold prices mostly edged higher during the week, as the dollar doom started with last week’s NFP data. Friday’s labour data showed signs of slowdown in the jobs market, …