Why do countries have a gold reserve? Countries maintain gold reserves for several reasons. Firstly, gold is considered a stable and reliable store of value. By holding gold, countries can instil ...

Gold hits new all-time high at $2,586 amid rising expectations of a significant Fed rate cut, with a 43% chance of a 50 bps reduction. US Treasury yields fall, US Dollar Index drops to 101.09 ...

Thursday’s breakout in gold supports a phase II rally towards $2,800. The most bullish outcome would be if prices finish next week above $2,650. In that case, I’d have to raise my price target ...

Gold could reach $3,000 per ounce by mid-2025- Citi Bullion up over 24% for the year Gold ETFs saw fourth consecutive month of inflows in August- WGC Sept 13 (Reuters) - Gold market bulls are ...

Gold is one of the most vital metals in the world and a unique asset, with the ability to enhance portfolio diversification, act as store of value, and hedge against systemic risk. In 2024, gold ...

Gold prices jumped to fresh all-time record highs Thursday, as traders anticipate an interest rate cut by the Federal Reserve next week after this week's data indicated a slowing U.S. economy. The ...

Gold hits new all-time high as US jobless claims and producer inflation data reinforce a likely Fed rate cut. US Dollar Index (DXY) falls 0.29%, while US Treasury yields rise, with the 10-year T ...

Gold's rally continues, reaching a record high of $2,559 after breaking out of consolidation, with analysis pointing to potential targets including 2,724. Gold follows through to the upside on ...

Gold prices surged by ₹86 to ₹72,013 per 10 grams in futures trade on Thursday (September 12). This rise came as speculators built fresh positions amid robust spot demand. Globally, gold futures saw ...

ECB Cut, More Inflation Data Feed Rally; Gold Has Surged 24% This Year Lyle spent most of the past two decades in a variety of product, communication and financial writing roles with large asset ...