Don't just focus on the Fed's 50 basis point rate cut! Another key reason gold surged to a new high of 2630 is...
Gold surged to a historical new high of $2630 on Monday, boosted by the Federal Reserve's 50 basis point rate cut, as well as another key reason being the new world record set by the US deficit and debt, with a total debt reaching $35 trillion.
The Israeli army launched a “large-scale attack” on Hezbollah targets! The sharp rise in gold prices is approaching the first target, an analysis of intraday gold trading in well-known institutions
At the end of Monday's Asian session, spot gold rose again in the short term, with prices reaching a new record high of $2631.37 per ounce. According to Economies.com, the price of gold is approaching its first call target of $2634.50 per ounce, and if it breaks through this level, it will pave the way for further significant gains in the price of gold.
Express News | Gold prices hit another record high, key economic data to be released in the usa this week may reveal clues to the interest rate cut path.
Gold reached a new high of 2630, and bitcoin soared to 0.0644 million! Two major technical indicators trigger a "bull market" signal...
Japan and the Fed simultaneously announced monetary policy decisions, with gold surging to $2,630 to reach a historic high, bitcoin breaking through $64,400, and the RSI indicator triggering a bull market signal.
There's a sudden big market in gold! The price of gold has surged rapidly to break through $2,630 and reach a new record high. How should you trade gold next?
In the Asian market on Monday, spot gold suddenly rose rapidly in the short term, with the price just reaching a high of $2630.45 per ounce, hitting a new all-time high. Analyst Christian Borjon Valencia from FXStreet pointed out that the path with the least resistance for the gold price is upward.
Bullish news! India's gold imports in August hit a record high.
The indian government's move has sparked a significant surge in gold demand.