Tag: gold rate per ounce

The silver rate is up 143% so far this year on supply deficits, industrial demand, and investment inflows. (Unsplash)
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Silver rate crosses $70/ounce for the first time, gold prices extend record run| Business News

Silver rose ‍past $70 for the first time on Tuesday, while gold hit a record high, trading just below $4,500 an ounce, as a weaker…

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A dovish Fed is positive for precious metals, such as silver and  gold, which typically benefit from low rates as they don’t pay interest. (Unsplash)
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Gold prices up, silver hits record after US Fed delivers rate cut and leans dovish| Business News

Gold prices rose for a third day after the US Federal Reserve delivered a widely expected interest-rate cut on Wednesday, while silver climbed to a…

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Gold is about 50% higher year-to-date, with prices touching a record last month before retracing some gains. (AFP)
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Gold rebounds on safe-haven demand as risk-off mood rattles markets| Business News

Gold rebounded as investors sought safety following a slump in global stocks due to concerns around elevated valuations. Gold is about 50% higher year-to-date, with…

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Even after the pullback, the gold rate still up about 50% this year. (Bloomberg)
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Gold prices steady after three-day drop on US Fed rate cut bets| Business News

Gold steadied after a three-day selloff, with buyers buying the dip ahead of an expected interest-rate cut by the US Federal Reserve. Even after the…

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Gold has pulled back decisively from a record above $4,380 an ounce last Monday following a blistering rally. It’s still up more than 50% this year. (Bloomberg)
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Gold prices back above $4,000 after plunging on easing safe-haven demand| Business News

Gold clawed back some losses after plunging below $4,000 an ounce on Monday as progress in the US-China trade talks sapped demand for safe-haven assets….

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$3,500 an ounce is a level that “would be healthy for the gold market, because it still would be a ridiculously high price”. (Reuters)
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Gold prices plunge below $4,000/ounce as US-China truce erodes saven-haven demand| Business News

Gold prices slid below $4,000 an ounce, extending losses from the worst rout in over a decade as progress on a US-China trade deal sapped…

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