Gold and silver experienced a rebound on Friday, driven by bargain-hunting, following a decline to one-week lows in the prior session. A breach below crucial support levels exacerbated losses, as selling pressure mounted after robust U.S. jobs data diminished expectations for rate cuts. Spot gold experienced a 1% increase, reaching $4,966.83 per ounce by 0127, Read More
On Wednesday, gold and silver prices experienced an uptick as U.S. Treasury bond yields declined, following the release of data indicating that December retail sales growth had stagnated, suggesting a potential softening of the economy in anticipation of important employment figures. Spot gold increased by 0.3% to $5,038.73 per ounce as of 0059. U.S. gold Read More
Gold and silver continued to rise on Monday as the dollar experienced a decline, while investors looked ahead to an important U.S. labor market report scheduled for later in the week to assess the direction of interest rates. Spot gold increased by 1.4% to $5,029.09 per ounce as of 0037, following a nearly 4% rise Read More
Gold prices surpassed the $5,000 threshold for the first time, despite the closure of Indian commodity markets on Monday (January 26) in observance of Republic Day, achieving an intraday peak of $5,091.5 an ounce in international markets. The yellow metal experienced a notable increase of 2.2%, equating to $111 per ounce, in early trading as Read More
Gold and other precious metals saw a slight rise on Thursday, influenced by a drop in U.S. job openings reaching a 14-month low. This data strengthened expectations for Federal Reserve rate cuts, though a strong dollar and rising yields tempered the gains. Investors are paying close attention to the non-farm payrolls report set for Friday, Read More
Precious metals started the New Year strong, with gold recovering from a recent drop and other metals reducing their losses, despite the impressive growth seen in 2025. The surge in gold prices was fueled by anticipations of a Federal Reserve rate reduction, increased geopolitical tensions, and strong demand from central banks. At the same time, Read More
Gold and silver experienced declines on Wednesday; nonetheless, they are still poised for record-breaking annual gains as 2025 comes to an end. The surge in gold, fueled by Federal Reserve rate reductions and strong central bank interest, has reached a 66% rise so far this year. Silver has surged by 157% and is on track Read More
