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Gold Prices Rise, Head for Weekly Gains Amid Weak US Labor Data

Gold prices surged in Asian trade, with spot gold rising by 0.3% to $2,354.06 an ounce and gold futures for June delivery jumping by...

Is gold tied to the dollar?

Gold and the US dollar are two pillars of the global financial system, each wielding significant influence over markets, economies, and investor sentiment. While...

Gold Prices Hold Steady Amid Middle East Tensions and Fed Rate Cut Speculations

Gold prices remained relatively stable in Asian trading on Tuesday, as investors assessed geopolitical tensions in the Middle East and awaited further developments on...

Gold Prices Rise Amid Dollar Weakness as Weak Payrolls Data Increase Rate Cut Expectations

Gold prices climbed in Asian trading on Monday, capitalizing on the recent decline in the dollar following softer-than-expected U.S. payrolls data, which led traders...

How much is a 500 gram gold bar worth?

Gold bars have long been prized for their intrinsic value, serving as a tangible store of wealth and a hedge against economic uncertainty. Investors...

Gold Demand Trends in Q1 2024: ETF Outflows Offset Central Bank and OTC Buying

During the first quarter of 2024, gold demand, excluding over-the-counter (OTC) transactions, experienced a 5% year-on-year decline to 1,102 tonnes. This dip was primarily...

Gold Prices Stagnate as Federal Reserve Meeting Approaches

In the Asian trading session on Monday, gold prices remained largely unchanged, showing minimal movement as traders continued to anticipate higher U.S. interest rates...

Kenya’s Deputy President Ruto Endorses Zimbabwe’s ZiG Currency for Economic Resurgence

During his address at an international trade fair held in Bulawayo, Kenya's Deputy President William Ruto voiced his support for Zimbabwe's introduction of the...

How much is 1 gram of gold worth in pounds?

Gold, often regarded as a symbol of wealth and stability, has been prized by civilizations throughout history for its rarity, beauty, and intrinsic value....

Gold Prices Inch Up on Weak US Data; Await PCE Inflation Figures

In Asian trading on Friday, gold prices experienced a modest rise as indications of a cooling U.S. economy spurred some demand for the precious...

Gold Price Update: XAU/USD Drops Below Key Support at $2,318, US GDP Data Awaited

Gold prices experienced a slight downturn early on Thursday, retreating from recent highs near $2,315. Analysts attribute this pullback to widespread risk aversion in...

Which country has cheapest gold?

For millennia, gold has held a special place in human history as a store of value, a symbol of wealth, and a tangible asset...

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