News with the tag "Gold Price"

A notable shift in global markets is underway, with gold’s momentum showing early signs of fatigue after an extended rally. Historically, such a transition has marked the beginning of renewed strength for cryptocurrencies, particularly XRP. With conditions resembling previous cycles, investors are i...

In a world of fluctuating crypto markets and economic uncertainties, precious metals like gold are once again taking center stage. For investors in India, tracking the India Gold Price is crucial. Today, according to data from Bitcoin World, we’re seeing an upward trend. Is this just a minor blip, o...

Gold, often seen as a safe-haven asset, experienced a minor setback on Monday, relinquishing the $2,900 level during the latter half of the European trading session. This dip occurred amidst a relatively quiet macroeconomic calendar in the US, which was observing President’s Day. However, the calm s...

Major financial institutions, including Citi and UBS, have raised their gold price projections as geopolitical tensions and central bank gold accumulations continue to drive demand for the precious metal. With global markets facing growing uncertainty, gold’s enduring status as a hedge against volat...

Gold News in Forex: Factors Driving Forex Gold Price Movements Gold has always been a cornerstone of global financial markets, and its role in Forex trading is no exception. Often considered a “safe haven” asset, gold is closely tied to currency movements, particularly the US Dollar (USD). Understan...

Goldman Sachs has increased its gold price forecast to $3,000 per ounce by mid-2026, up from earlier estimates. The revision reflects expectations of slower monetary easing by the Federal Reserve and strong central bank demand, according to a Bloomberg report. The bank predicts gold prices will reac...

The Bitcoin vs. Gold debate has been going on for a decade since people began taking financial freedom more seriously. With its decentralized nature, Bitcoin began challenging Gold, the worldwide popular investment option and store of value. Now, with both financial assets achieving their prime, the...

China just discovered a massive trove of gold worth $83 billion, according to state-run media. The gold was found in central Hunan province and according to the region’s geological bureau, it is estimated to weigh about 1,000 tonnes, reports Xinhua news. Prospectors say many of their core drillings ...

The rise of digital currencies such as Bitcoin (BTC) has shone a new light on gold’s role as a store … Continue reading The post Gold is outperforming Bitcoin and elevated risk assets appeared first on Finbold .

Gold prices surged to a new record high of $2,729.30 per ounce on October 21, bringing their gains for 2024 to over 30%. The commodity’s latest increase is attributed to increased safe-haven demand amid escalating tensions in the Middle East and the closely contested U.S. election. This sentiment al...