The price of gold has once again exceeded 1,750 dollars an ounce, its highest in the last two weeks. It resulted from Jerome Powell’s speech and the monetary policy measures adopted by the Federal Reserve. The central bank chairman has confirmed that, for the moment, there will be no increases in interest rates. The Fed …
Gold, at Two-Week Highs After the Fed Chairman’s Speech Read More »
In Wednesday’s trade, Gold and Silver futures dropped up to 0.7%. Gold futures for April delivery decreased by 0.25%. Silver futures for May delivery was down by 0.70%. Spot gold increased by 0.1% and was trading at $1,716.51 per ounce. On Monday, the yellow metal hit its lowest since June 5 and dropped to $1,676.10. …
The gold market in Dubai, better known as the Gold Souk, is not only Dubai’s but the world’s most famous market for buying gold. It is absolutely stunning and has an ancient feel to it. Moreover, it’s an excellent place for tourists who aren’t even there for gold, to begin with. Like the cave Aladdin …
The Famous Gold Market and Everything You Can Find There Read More »
A week ago, the dollar drop caused gold and oil prices have reached inflection points. Jerome Powell, Federal Reserve chairman, is expected to make a speech. Besides, the Labor Department will release US jobs numbers for February. For oil prices, the meeting of OPEC and its allies this month is critical. As for gold, Powell’s speech hosted …
The gold price movement to be determined after Powell’s speech Read More »
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