Tag: gold
Gold Prices: Triggering Factors For A Lasting Rally
Gold has indeed struggled to show its value as a haven investment this year, with prices marking their lowest settlement since the2021 spring. A...
Gold Hit 26.8% ROI YTD, the Highest Increase in Value Among Top Assets
As the world's earliest form of currency, gold has long been considered a reliable store of value. Unlike banknotes, stock, or other assets, the...
Gold Heads for Biggest Quarterly Gain Since 2016 on Virus Woes
(Bloomberg) -- Gold headed for the biggest quarterly advance since 2016 amid a surge in demand for haven assets due to the ongoing coronavirus outbreak,...
UAE’s Central Bank Lowers Interest Rates In Line With Fed cuts
The Central Bank of the UAE has lowered interest rates in line with the decrease in interest rates on the US dollar, following the...
Goldman Sees Gold Hitting $1,800 as ‘Haven of Last Resort’
(Bloomberg) -- Goldman Sachs Group Inc. boosted its gold forecast to $1,800 an ounce as the coronavirus, depressed real rates, and increased focus on the...
With Gold Up, Miners Face Payouts Versus Production Dilemma
(Bloomberg) -- As gold prices rise, miners have been boosting shareholder payouts in the face of a decline in global output. That’s worrying some investors concerned...
Gold Nears Six-Year High as Mideast Tensions Spur Haven Demand
(Bloomberg) --Gold neared a six-year high after a U.S. airstrike killed one of Iran’s most powerful generals, ratcheting up tensions in the Middle East...
Gold’s December Rally Stays Alive to Seal Best Year Since 2010
(Bloomberg) --Gold climbed to a three-month high to clinch its best annual performance since 2010, as a weaker dollar helped cap a year marked...
Palladium Is Now More Expensive Than Gold Has Ever Been
(Bloomberg) --Palladium rose for a 15th day, heading for its longest run of gains on record and exceeding the highest-ever price of gold.
Spot palladium...
Gold’s impressive growth may spill to 2020
(Bloomberg) --Gold’s impressive advance in 2019 -- aided by trade war frictions, easier monetary policy across the world’s leading economies and sustained central-bank buying...