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Gold prices soared 30% this year, reaching an all-time high of $3,500.05/ounce. But recent dip in prices may signal a temporary loss of momentum.
While global markets have seen wild swings in recent weeks thanks to geopolitical and economic uncertainty, gold has reached new highs as investors seek refuge in the traditional safe-haven asset.
International spot gold prices also hit a record high of $3,384 during the session as investors continued rushing for safe haven assets on mounting concerns over the escalating US-China trade war.
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and prices rise as demand goes up — meaning “when economic anxiety or instability is high, the people who typically profit from precious metals are the sellers.” And even gold’s current ...
Spot gold advanced 1% to $3,361.53 an ounce as of 0037 GMT. U.S. gold futures firmed 1.4% to $3,375.90. The dollar index hit a three-year low, making gold more attractive for other currency holders.
Gold (GC=F) prices hit a record high this week as the precious metal's year-to-date gains top 25%. And Wall Street analysts believe gold prices still have room to run as investors seek safety amid ...
724 g/t Ag from the Gold Note target 2.9 g/t Au, 759 g/t Ag from the Coyote target Widespread High-Grade Mineralization: High-grade gold and silver in veins and breccias identified in ...
NEW YORK (AP) — As economic uncertainty deepens worldwide, gold prices have notched more and more record highs. On Tuesday, the International Monetary Fund said that outlooks for economies ...
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Gold prices have surged almost 31% so far this year already, driven by rising safe haven demand and an increasingly volatile global economy. Gold prices soared briefly above $3,490 per ounce on ...
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