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Can I still buy money now? UBS conducted in-depth research on China's gold market
UBS pointed out that the Chinese market sentiment tends to buy when the price of gold recovers. As a result, future investors may be more likely to react flexibly to the price and be willing to buy at a decline of around $2,250 per ounce.
Gold Holds Near Record as Fed Rate-Cut Optimism Fuels Demand
Gold notched a fresh all-time high, as investor demand soared across the broader metals complex amid increasing optimism the US will cut rates this year.
Gold and silver join hands with platinum to “go wild”! Is the hot market that belongs to them unfinished?
The strategists said there is still room for further growth in gold, silver, and platinum! Precious metals prices rose sharply on Wednesday. The lower than expected CPI inflation data released by the US and the successive increase in the number of initial jobless claims brought back expectations of the Federal Reserve's interest rate cuts.
Gold Stabilizes After Strong Rally Following US Data
Gold price steadies after rallying after the release of US data that changed the outlook for interest rates, a key factor for Gold.
Gold Price Retreats Amid Strong US Dollar, Falling US Yields
Following the data release, the CME FedWatch Tool shows odds for a quarter of a percentage point cut in September increased from 55% before the report to 85%.
Gold Price Declines on Upbeat Market Mood
Gold price has fallen almost a percentage point lower on the back of improving risk sentiment.