Category: Economic News

In a stunning turn of economic events, the price of gold has breached a significant threshold, hitting a record high of over $3,000. The gold market has always been seen as a haven for investors during times of economic turmoil. And today, it is not any different. However, this spike in gold prices isn’t completely…

In the realm of precious metals, gold continues to present a rangebound behaviour in its market value. The uncertainty of geopolitical situations and global economics has kept gold prices fluctuating within a limited range. While this might be seen as a safe harbour for investors, it also presents a unique set of challenges. Investors, ever…

With ongoing tariff wars negatively impacting the global economy, investors are turning to gold as a safe-haven, pushing its value to a record high. The precious metal, traditionally viewed as a refuge during financial uncertainty, has seen an unprecedented surge in demand. This could be attributed to the uncertainties created by the tariff disputes and…

Amid brewing global tariff threats, gold has surged to record high levels, demonstrating its persistent appeal as a safe-haven investment. Investors across the globe are gravitating towards the precious metal as increased trade tensions stoke fears concerning worldwide economic growth. These developments underline gold’s enduring status as an effective hedge during times of economical and…

Gold, historically recognized as a lid-proof safe-haven asset, has reached unprecedented heights in a climate fraught with mounting tariff threats. According to USA TODAY, the shining metal stands tall amidst a volatile global economy, increasing investor confidence in the timeless value of gold. The increasing confrontations between trade giants, underscored by punitive tariffs and countermeasures,…

Silver, a precious metal in the global economic market, is facing resistance in its climb at the $31 mark. The silver market has had its fair share of ups and downs, largely affected by the lurking shadows of global economic uncertainties and speculative trading. The struggle with the $31 price range is a result of…

As the curtain closes on another trading year, silver has stumbled on the final stretch. The performance of silver in the market today showed a noticeable decline, with prices registering a drop this December 31. Economic analysts stress that this does not indicate a long-term trend, but a reaction to multiple factors, including forex fluctuations…

With a strong US dollar and rising bond yields exerting pressure, gold prices have been experiencing some seismic shifts. This report aims to scrutinize those key levels affecting the yellow metal in the current forex environment. Traditionally, a robust greenback makes gold more expensive for holders of foreign currency, thereby diminishing its safe-haven appeal. Additionally,…