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Behind the new high in gold prices: are central banks still buying wildly this year?
① Gold reached a new historical high on Friday, closely related to factors such as the prospect of a Fed rate cut and higher geopolitical risks. ② Data shows that in the first half of this year, emerging markets remain the block orders buyers of gold, while most developed countries did not participate in the trade, and even reduced their shareholding slightly.
Gold breaks through the $2,500 mark for the first time! After reaching a new high, will the next step be towards $2,700?
Boosted by the expectation of the Federal Reserve's upcoming interest rate cut, the price of gold broke the $2,500 per ounce mark for the first time on Friday.
The price of gold has broken through $2,500, reaching a new high. The time for the Federal Reserve interest rate cut is gradually approaching.
After two weeks of extremely turbulent trading, the price of gold skyrocketed to a new historical high. Inflation is continuing to slow down, which may lead the Fed to officially begin a monetary easing cycle next month by cutting interest rates by 25 basis points as planned.
"Black Swan" investors: Gold will once again be a "real opportunity"!
A well-known investor stated that the potential printing of money by the Federal Reserve will lead to stagnation, and after the "misery", gold and csi commodity equity index will once again become real trading opportunities.
Express News | The spot gold has hit a new historical high, reaching as high as $2490.
Gold Futures Close Higher, Tracking COMEX's Stronger Performance