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Gold Price Forecast – Gold Continues to Look Supported

Gold Price Forecast – Gold Continues to Look Supported

And of course, an area where there’s probably a lot of options played.
The Gold Trade in Uganda Makes a Huge Comeback

The Gold Trade in Uganda Makes a Huge Comeback

The gold trade had been interrupted for almost a year, following the tax debacle that was later addressed.
Gold Holds Steady as Focus Turns to U.S. Economic Data

Gold Holds Steady as Focus Turns to U.S. Economic Data

The market will keep a tab on U.S. GDP data due on Thursday and the Personal Consumption Expenditures (PCE) print on Friday for more clues on the health of the economy and the timing of cuts.
Gold Prices are Dropping as Tensions Between Israel and Iran Calm

Gold Prices are Dropping as Tensions Between Israel and Iran Calm

The Israeli government’s offensive in Gaza has killed more than 34,00 people and created a humanitarian crisis.
Top Ten Gold Producing Nations in 2023

Top Ten Gold Producing Nations in 2023

The world’s third largest gold producing country in 2023 was Russia with a total production of 310 metric tons.
Gold Prices at a Crossroads: Indicators Signal Caution

Gold Prices at a Crossroads: Indicators Signal Caution

Currently, the market’s focus is on whether gold prices will uphold the support levels.
Gold Surges as Escalating Middle East Tensions Bolster Demand

Gold Surges as Escalating Middle East Tensions Bolster Demand

Higher interest rates reduce the appeal of holding non-yielding gold.
Swiss Gold Exports Posted Decline in March, Says Customs Data

Swiss Gold Exports Posted Decline in March, Says Customs Data

The exports to India recorded month-on-month as well as year-on-year decline.
Arrests Made in $14.5 Million Gold Heist, The Largest Ever in Canada

Arrests Made in $14.5 Million Gold Heist, The Largest Ever in Canada

Air Canada, in a statement to Reuters, said it had suspended one employee from the cargo division charged in the theft, while the other employee had left the airline before police announced the charges.
WGC: Chinese Gold Reserves Surged; Wholesale Demand Dropped

WGC: Chinese Gold Reserves Surged; Wholesale Demand Dropped

The Chinese central bank added 5 tonnes to its total gold holdings during the month. Gold now accounts for approximately 4.6% of the country’s total reserves.
Russia May Abolish Export Duty on Gold

Russia May Abolish Export Duty on Gold

Russia was in 2022 ranked as the world’s second biggest gold miner, after China and before Australia, according to the World Gold Council.
Citi: Gold Prices to See Near-Term Surge

Citi: Gold Prices to See Near-Term Surge

There exists strong buying support for gold at around $2,200 per ounce levels, it said.
Goldman Sachs Lifted  2024 Gold Price Forecast

Goldman Sachs Lifted 2024 Gold Price Forecast

The gold prices have rallied by nearly one-fifth over the past two-month period.
Gold Slips from Record Levels after Hot US Inflation Data

Gold Slips from Record Levels after Hot US Inflation Data

The U.S. dollar index rose 1% and U.S. Treasury yields spiked after the data, making non-yielding bullion less attractive.

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