Tag: Gold price

Gold price has risen about 5% so far this week and touched a peak above $4,227 an ounce amid a "US-China trade war" and prospects of an outsized US Fed rate cut. (Bloomberg)
Posted in Business

Gold price climbs to record on US-China tensions and US Fed rate-cut bets| Business News

The gold price rose to a record as heightened US-China frictions and bets that the US Federal Reserve will press on with monetary easing through…

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The safe-haven gold has gained 59% year-to-date, driven by multiple factors. (Reuters)
Posted in Business

Gold price hits record high, silver price eases amid US Fed rate-cut, US-China trade woes| Business News

Gold prices rose to a fresh record to just shy of the $4,200-per-ounce levels on Wednesday, after Jerome Powell hinted at more US Fed rate…

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Gold IRAs are not Gold set a record above $4,060 an ounce, after notching an eighth straight weekly gain on Friday. (Representative Image/Pixabay)
Posted in Business

Gold price rallies to a record as US-China tariff war concerns boost safe-haven demand| Business News

Silver swung near a record as an historic short squeeze in London and US-China trade tensions roiled the market, while gold set a new peak….

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Posted in Economy

Gold prices new barometer of global uncertainty like crude oil in past, RBI Governor Malhotra says

RBI Governor Sanjay Malhotra on Friday said perhaps gold price is acting as a new barometer reflecting global uncertainties as the crude oil used to…

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Posted in Economy

Gold fever: Will central banks keep driving the golden surge?

Gold’s relentless rally continues powerful with prices reaching on Friday just cents away from $3,600 per ounce, as weak US jobs data further raised expectations…

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