Browsing Tag
GOLD
306 posts
BRICS: China’s Gold Buying Spree to End the US Dollar?
BRICS member China has been the top purchaser of gold since 2022 and is accumulating tonnes every month.…
When Will Gold Prices Reach $3,000?
Gold prices printed new highs in 2024 as central banks of developing countries accumulated tonnes of the precious…
Gold’s Allure Compels Chinese Investors To “Hodl” The Yellow Metal
With the sudden pivot of global banks towards gold, the price of the yellow metal has skyrocketed to…
Risk Appetite For Gold Increases: A Surge to $2,700 Next?
Gold prices rebounded on Monday’s opening bell climbing above the $2,300 mark. The XAU/ USD chart, which measures…
Gold Price Prediction For May 2024
Gold prices are hovering around the $2,306 mark in early May 2024. The precious metal slumped from a…
Gold Price Stays at $2,300; What Could Be in Store for May?
After a slumping start to the week, the price of gold is stagnant at just over $2,300. In…
Gold Price: Why Recent Slump Doesn’t Deter $2,700 Target
Throughout 2024 thus far, Gold has performed immensely well. Since December of last year, the asset has been…
Gold Prices Fall Ahead of Wednesday’s FOMC Meeting
After three consecutive months of gains, gold prices fell today to about $2,320 an ounce. Nonetheless, the yellow…
The West Is Running Out of Gold, Demand in the East Grows Strong
Gold prices dipped this week ahead of the FOMC meeting on Wednesday falling to the 2,317 level. The…
Gold Mania Hits China: Trading Volume Skyrockets 400%
China is experiencing a gold-buying frenzy in April 2024 as its trading volume surged by 400% this month.…