Category: Economic News
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Trump-Powell Clash Boosts Gold to $3,400 Amid Fed Independence Concerns
In the wake of the recent skirmish between President Donald Trump and Federal Reserve Chief Jerome Powell, the precious metal gold has soared past the $3,400 price mark. This unprecedented surge has reflected the heightened market worries over the Federal Reserve’s independence. Albeit known for their independence from the political machinery, recent actions and comments…
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Silver Prices Set to Soar due to Persistent Supply Deficit – Findings from the Silver Institute 2025 Survey
In a recent survey released by the Silver Institute and KITCO, predictions indicate a persistent supply deficit that is set to drive the prices of silver higher. Market analysis reveals a growing gap in the demand and supply chains, creating a hike in the price index of silver. This trend could redefine the value of…
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Gold Price Predictions: A Current Look at Market Projections
Gold Price Predictions: A Current Look Gold prices fell noticeably today, a shift that caught many investors off-guard. Industry pundits and market mavens, however, were not universally taken aback by the trend. Following are the latest projections from a panel of global forecasting experts. In light of today’s market tumble, they deliberate on what investors…
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Unprecedented Peak: The Resilience of Gold Amid Global Uncertainties – KITCO
In a display of enduring market resilience, the price of gold has pulled through to hit an all-time high. A complex interplay of factors contributes to this titanic shift, marked primarily by the ongoing demand for gold as a ‘safe-haven’ investment. Amid global geopolitical uncertainties and fluctuating economies, investors are increasingly seeking stability in the…
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Predictions and Reasons for Today’s Gold Rate Exceeding $3,000 – Economic Times
The value of gold today is soaring above an unprecedented $3,000 mark. There are multiple factors contributing to this surge including geopolitical uncertainties, inflationary concerns, and rising demand in the global market. What’s intriguing is the forecast from top banks for gold prices in 2025. Global banking giants like HSBC, Goldman Sachs and JP Morgan…
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Sudden Market Shift: Gold Sinks $100, Silver Down by 7% as Trump Excludes ‘Bullion’ from US Trade Tariffs
In a surprising turn of events, Gold takes a $100 dive and Silver drops by 7 percent as President Donald Trump decides to exempt ‘Bullion’ from US trade tariffs. The news deliver a sudden jolt to the precious metal market, with investors and trader scrambling to adjust their positions. The decision to exclude bullion from…
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Unraveling the Reasons Behind the Record Surge in Gold Prices
In recent times, the global economic landscape has experienced an intriguing phenomenon – the momentous surge in gold prices. This precious metal, beyond just being a mode of adornment, has been the go-to investment platform for the cautious investor who seeks security in times of economic turbulence. nnThe underlying reasons for this upward trajectory in…
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Strengthens After Pullback, Eyes Break Above $34.08 – Silver Price Forecast
In the wake of a recent pullback, silver prices show signs of rehabilitation. The precious metal has impressively rebounded, eyeing a break above a key resistance level of $34.08. The resurgence demonstrates silver’s resilience, buoyed by trends in demand and supply, underlining its importance as a safe haven asset. As the world grapples with uncertainty,…
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Record-Breaking Gold Prices: The Perils of Investing Now
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…
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Gold Price Forecast – Gold Continues to Look Rangebound
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…
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Investors Turn To Gold as Safe-Haven Amidst Global Tariff War
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…
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Gold Achieves Record High Amid Global Tariff Threats
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…
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Gold Shines Brighter Amid Rising Tariff Threats
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,…
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Silver Price Forecast – Struggles at the $31 Mark | Detailed Analysis on the Silver Market Dilemma
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…
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Latest Update: Silver Price Declines on the Last Day of the Year – FXStreet
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…
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Tracking Gold Prices Amid a Strong Dollar & High Yields – FX Empire
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,…