Gold (XAUUSD), after a short break, rose for a fifth straight day today, on Monday October 21, to a record high, while silver (XAGUSD) hit a nearly 12-year high, amid uncertainty over the U.S. election, ongoing tensions in the Middle East and expectations of rate cuts from Fed and other key central banks.
October 21, 2024
611
Expectations that the U.S. Federal Reserve may begin interest rate cuts as early as June, along with a declining value of USD, drove an increase in gold prices today, on Monday, March 25.
March 25, 2024
1195
Silver prices fell back from a 2-month high and closed slightly lower after weaker-than-expected U.S. economic reports on Jan. factory orders and Jan ISM services were generally bearish for industrial metals demand.
March 6, 2024
1176
Gold prices rose to a six-month high on Monday, November 27, as growing confidence that the U.S. Federal Reserve has finished raising interest rates and a weaker dollar supported the bullion prices.
November 27, 2023
1248
XAU/USD rose and breached the 200-day simple moving average, posting a close marginally above the line.
October 25, 2023
1216
Gold and silver prices are down, with gold notching a 3.5-month low after upbeat U.S. economic data cemented expectations of more rate hikes this year
June 28, 2023
1303
Gold and most other precious metals have been under pressure lately due to several factors.
June 21, 2023
965
Gold prices are trading near record highs as ongoing banking turmoil, looming U.S. debt ceiling troubles and the de-dollarization fuel demand for the precious metal.
May 9, 2023
1303
A weaker U.S. dollar and growing awareness that U.S. interest rates have peaked or are very close to peaking continue to push gold prices higher.
April 14, 2023
1369
Gold was last at $2,042 an ounce, having advanced by 2.1% on Tuesday, or close to 1.5%, and 0.15% so far on Wednesday, April 5, to a 2020 record high of $2,069.40.
April 5, 2023
1394
August 4, 2021
2732
August 6, 2021
2628
July 2, 2021
2537
