Tag: spot silver price
Gold prices inch upwards despite Middle East tension; spot silver rises 1.8%
Gold prices strengthened due to geopolitical unrest in the Middle East, driving demand for safe-haven assets, on Wednesday. However, hopes for U.S. interest rate cuts [Read more about this post…]
Gold declines as dollar, yields strengthen following US retail sales data
Gold prices declined as the dollar strengthened and Treasury yields rose, driven by an unexpected increase in U.S. retail sales in March, on Monday. This [Read more about this post…]
Gold prices cross $2,400 mark on Middle East tensions, up by 4% this week; silver surges to highest level since 2021
Gold surged past the $2,400 per ounce mark, hitting an unprecedented peak on Friday, marking its fourth consecutive week of gains. Escalating tensions in the [Read more about this post…]
Gold glitters over softer US PPI figures, geopolitical risks add to yellow metal’s shine, silver down 0.3%
Gold prices traded higher on Thursday, April 11, after softer-than-expected US producer prices data boosted hopes for US interest rate cuts this year, while persistent [Read more about this post…]
Gold prices hit new record high, continue to gain for third week straight; silver surges by 1.4%
Gold prices surged to achieve a fresh all-time high on Friday, propelled by various factors such as expectations of a U.S. interest rate cut, speculative [Read more about this post…]
Gold consolidates at all-time high on US Fed rate cut hopes, silver near 3-year high mark
Gold prices took a breather and consolidated on Thursday, April 4, after hitting its all-time high mark above $2,300 per ounce earlier in the session [Read more about this post…]
Gold prices continue to rise for fourth straight session, silver surges to two-year high
Gold prices reached a new peak on Wednesday, marking the fourth consecutive session of record highs. This surge can be attributed to a combination of [Read more about this post…]
