Category: Finance News
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Cryptocurrency Post-Election Boom: Bitcoin Hits New High over $76,000
In an unprecedented financial shift post-election, Bitcoin has notched a new record, reaching an impressive price of well over $76,000 per coin. This surge tops its previous record-setting highs, marking a milestone in the cryptocurrency history.nnFinancial analysts remark that this surge could be attributed to several factors. Key among them is the underlying post-election economic…
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Forecast Highlights Increase in Silver Price Ahead of US Election
As the anticipation of the United States election ramps up, the silver market has displayed unexpected movements. The XAG/USD rate has risen above $32.50, casting a new light on silver’s value as an asset. Analysts believe that these changes reflect the overall sentiment of caution that often permeates the market during such global events. Experts…
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Fed Rate Cut’s Effect on Gold’s Price – An Overview
With the recent decision of the Federal Reserve to cut rates, market observers and traders have started questioning: will gold’s price fall as a result? Historically, gold prices have shown a negative correlation with interest rates. However, the effect of a rate cut on gold’s price is not as straightforward as it seems. It depends…
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Gold price in India: Rates on November 4, 2024
Gold price in India: Rates on November 4 – FXStreet On November 4, 2024, the gold rates in India observed a state of flux, with prices shifting due to various global and local factors. Investors kept a watchful eye on the precious metal, which is often seen as a safe haven asset. Gold rates today…
