Gold Tops $2,600 Barrier to Wrap up Big Week, but Correction Could Be Coming
VanEck Gold Miners Equity ETF Options Spot-On: On September 20th, 239.69K Contracts Were Traded, With 3.47 Million Open Interest
On September 20th ET, $VanEck Gold Miners Equity ETF(GDX.US)$ had active options trading, with a total trading volume of 239.69K options for the day, of which put options accounted for 29.05% of the
Smart Money Is Betting Big In NEM Options
Bank of America: Interest rate cuts intensify the risk of a stock market bubble, making bonds and gold more attractive.
Hartnett, who accurately predicted the sharp rise in US bonds, pointed out that bonds and gold are powerful hedging tools against economic recession and inflation, while outside the USA, stocks and csi commodity equity index are better investment targets in the context of a soft landing.
Commodity Update: Gold Hits New High Above $2,600, Crude Oil Eases
Gold bulls are enthusiastic, with India's tax reduction adding another "boost".
According to government data released on Tuesday, India's gold imports in August reached a record-breaking $10.06 billion, which means an import volume of approximately 131 tons of gold, the sixth-highest total in history.
Gold hits new all-time high again! Did the Federal Reserve completely unleash bullish enthusiasm?
Gold may rebound further this time, is 2700 also within the bull market's scope?
Crazy buying! India's gold imports last month exceeded $10 billion, the highest ever.
①There are increasing signs that, after india lowered gold import tariffs this summer, the demand for gold jewelry and bars among indian consumers has surged, which has increasingly become a key driving force behind the repeated record highs in global gold prices...... ②Data released by the indian government this week shows that the value of india's gold imports in August reached 10.06 billion US dollars, marking the highest level in history when calculated in US dollars.
Express News | Spot gold breaks the previous high, refreshing the historical high to $2600.22 per ounce.
The recent major move by the Modi government may be an important driving force behind the recent record high gold prices!
The Financial Times of the United Kingdom reported that after India recently lowered tariffs, Indian consumers' demand for gold jewelry and gold bars surged, helping to drive global gold prices to new highs. Data released by the Indian government on Tuesday showed that in August, the country's gold imports reached the highest level on record in US dollars, reaching $10.06 billion.
Gold's short-term acceleration in price suddenly rose! The price of gold just reached $2593. FXStreet Chief Analyst's technical analysis of gold.
In the Asian market on Friday, gold spot prices suddenly accelerated and reached $2593 per ounce. Valeria Bednarik, Chief Analyst at FXStreet, pointed out that gold prices are rebounding, aiming to expand the increase above $2600 per ounce.
Midday Recap | Hong Kong stocks continue to surge! The Hang Seng Index is up more than 2%; network technology and automotive stocks are performing well, with xpeng rising by about 10% and alibaba reaching a new high in over a year.
Most network technology stocks rose, with SenseTime leading the gains with a more than 6% increase, Bilibili up nearly 4%, Alibaba up more than 3%, Meituan up nearly 3%, Netease and JD.com up more than 1%, and Tencent up nearly 1%.
Gold prices are crazy! The state-owned major banks have urgently announced the adjustment of the rules for accumulating gold rsp.
Analyst: The upward trend in gold prices remains unchanged.
Major news breaks during Middle East ceasefire negotiations! Gold price soars over $27. How to trade gold next?
#Middle East situation##Gold technical analysis#2K99 News On Thursday (September 19), spot gold soared more than 1%, once approaching $2595 per ounce.
The day after the Fed cut interest rates, gold hit another historic high! Ubs group predicts that the price of gold will reach $2700 by the middle of next year.
The day before, the Federal Reserve initiated a monetary easing cycle, cutting interest rates by 50 basis points. This move is seen as bullish for gold, as lower borrowing costs are favorable for gold, which does not pay any interest.
Gold Pushes to New Record, Silver Pops 2.5%, With Fed Rate Cut Seen as Bullish
VanEck Gold Miners Equity ETF Options Spot-On: On September 19th, 132.61K Contracts Were Traded, With 3.41 Million Open Interest
On September 19th ET, $VanEck Gold Miners Equity ETF(GDX.US)$ had active options trading, with a total trading volume of 132.61K options for the day, of which put options accounted for 34.45% of the
Gold Hovers Near Record Highs. Here's Where Analysts Say It's Headed Next.
Gold's Strong Rally Likely to Continue as Interest Rates Are Cut, Says UBS
Shares of Precious Metals Stocks Are Trading Higher as Gold and Silver Rise After the Fed on Wednesday Cut Rates by 50 Basis Points.