Gold Mining Leaders Barrick, Newmont Sink Deeper As Death Cross Looms

BenzingaDec 28 00:24

Trump is about to return to the White House! Drawing from history, how will various Assets market trends unfold?

In comparison, after Trump's election, Bitcoin and U.S. assets immediately saw a violent surge, reflecting investors' recognition of the economic growth during his first term and their optimistic expectations for future prospects and cryptocurrency policies.

Futu NewsDec 27 18:52

The situation in the Middle East has become tense again, with Gold fluctuating narrowly at 2630! The market is wary of a large-scale policy shift.

On Friday (December 27), international Gold prices fell slightly but are still expected to see a weekly increase, as political uncertainties in the Middle East are prompting investors to turn to safe-haven Assets, partially offsetting the pressure from a stronger dollar.

FX168Dec 27 17:52

Gold is hovering around 2625: Will there be no major movements by the end of the year? The market is eagerly anticipating Trump's return to power.

FX168 Financial News Agency (Asia-Pacific) reported that on Thursday (December 26), with trading volume thin due to the holiday, Gold rose, mainly supported by safe-haven demand from geopolitical tensions.

FX168Dec 26 18:10

Major event in the international Gold market! Hong Kong's "Golden Opportunities": Hong Kong establishes an Exchange and plans to build a vault and digital gold.

Starting from January 1, 2025, a new trading institution named "Hong Kong Gold Exchange" will be established in the Hong Kong Special Administrative Region of China. This institution will be rebranded and corporatized from the gold and silver trading hall that has been operating locally for 114 years. The Chairman of the Exchange, Zhang Dexi, stated that the establishment of the Exchange aligns with the proposals in the "Policy Address" to enhance Hong Kong as an international gold trading center, believing that the future responsibilities of the Exchange will be significant.

FX168Dec 26 08:09

The Federal Reserve's "hawkish" stance limits the increase! Gold price at 2616, holiday trading is sluggish. FXEmpire's latest technical analysis on Gold, Dollar, and Euro.

The Federal Reserve's tough interest rate stance limits the rise in Gold, and with the West entering the holiday week, the Gold price is fluctuating around 2616 USD, while the USD maintains a strong market.

FX168Dec 25 15:22