Tag: Global Economy

As we usher in November, the fascinating world of precious metal markets takes another exciting twist. Gold, the legacy safe haven, is making an attempt to breach the $4000 mark yet again. This comes amidst rushed action by various banks to slash their price forecasts in response to changing market dynamics. There’s no denying that…

In an unprecedented downturn, gold faced its grimmest day in over a decade, taking a steep plunge in the global metal markets. Not only gold, but fellow precious metals like silver and platinum were also not spared by this fateful downswing. Rising political tensions, policy reforms, financial unrest, and several global events have all contributed…

Gold, the ever-shining asset is edging towards a groundbreaking figure of $3,800 today. The price surge comes on the back of new tariff announcements that have unsettled global markets, pushing many investors towards the safe haven of gold. The newly announced tariffs are casting a shadow over the global economy. Investors often flock to gold…

In a stunning market movement, the price of gold has risen past the $3,300 mark. This surge is largely due to the growing uncertainty regarding international trade and weak performance of the U.S. dollar. Experts believe interested parties are pulling away from the shaky U.S dollar and moving towards the safe heaven the gold provides.…

In the tumultuous landscape of the global economy, the silver market consistently proves its resilience. Recently, the XAG/USD has rebounded impressively, crossing the $30.00 mark. This recovery coincides with a period of escalated trade tensions worldwide, demonstrating silver’s status as a safe haven for many investors. The evolving geopolitical atmosphere brings uncertainty in many sectors,…

Gold prices surged to an over one-month high as U.S. yields weakened, following the latest data release from the United States. This slump in yields provides an increased appeal for gold, a non-yielding metal, thus driving up its price. Further, factors such as geopolitical concerns, instability on the forex market, and global inflation fears continue…