Tag: Economy
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Gold price forecast to hit $8,000 in bull run as Federal Reserve tackles crisis
The glitter of gold might shine even brighter in the near future, with a potential hike in its price. Industry expert Brien Lundin predicts a strong bull cycle that might propel the gold prices up to $8,000. This comes as the Federal Reserve grapples with the imminent crisis. Gold has always been a safe haven…
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Gold Unswayed by US Fed Rate Cut, Softened Dollar
Despite the U.S. Federal Reserve’s recent rate cut, gold continues to hold steady. The easing of the dollar, coupled with this development in U.S. monetary policy, has not deterred the bright metal’s market performance. Investors often turn to gold as a safe haven during times of financial and economic uncertainty. As the Fed lowers rates…
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Gold Prices Dip After Festive Rally, Stable on Global Front – NDTV Profit
Gold prices showed a significant slip post the jubilant festive rally. Despite a strong initial performance during the festive season, gold prices experienced a dip but global prices steadied themselves in this fluctuating market. Several factors contribute to this price dynamic, including global economic trends, market volatility, and consumer behavior. With the festive season concluded,…