Global gold demand hits new high as prices soar in 2024
The World Gold Council’s Q4 and Full Year 2024 Gold Demand Trends report reveals that total annual gold demand hit a new, record high of 4,974t, driven by strong, sustained central bank buying and growth in investment...
Gold’s Resilient Rally Amid AI, Trade Risks, and Fed Uncertainty
Today’s market analysis on behalf of Dilin Wu Research Strategist at Pepperstone
JJust as gold was on the verge of breaking above $2,800, bears made a sudden move, disrupting the rally and pushing the market into a fierce tug-of-war. That said, I believe gold’s upward momentum remains strong.
Deepseek’s rapid rise has sparked concerns over AI valuations, triggering broad-based...
Gold Ends -Eigh Wteek Winning Streak, Hits New Low Near $2,833/Oz
Written by Linh Tran, Market Analyst at XS.com
Gold ended last week down near $2,858 per ounce as economic data indicated a complex inflation situation and the strength of the U.S. dollar was reinforced by market expectations that the Fed would maintain its hawkish stance.
Last Friday, gold officially ended an eight-week winning streak. On the same...
