Spot gold stood at $2,810/ounce, continuing to brush a record high, rising nearly $20 from a daily low.
On September 19, after the Federal Reserve cut interest rates by 50 BP for the first time, spot gold continued to rise, reaching a record high of $2,600 per ounce.
A historic moment! Gold broke the 2,500 mark and hit a new high. The Federal Reserve's voting committee this year said it was time to cut interest rates. All parties have different opinions on the progress of the Gaza ceasefire negotiations. The two major nuclear power plants in Russia and Ukraine are in a hurry! What major events have happened around the world since last Friday?
There are three reasons why gold plummeted last week. How will Biden's withdrawal affect the price of gold? The US index rebounded modestly but still faces downward pressure. The "culprit" of the recent decline in oil prices may be that investors are making this bet...
The CPI went cold across the board, and spot gold broke $2,400. Analysts said that the long-term price target for gold could reach $5,000, and $10,000 is not a problem.