Investing.com — Gold demonstrated a strong performance in 2024, marking a 27% gain and reaching an all-time high of USD 2,788/oz on October 30. This increase represents the fifth straight year of gains for the precious metal, with only cocoa and coffee surpassing it within the commodity sector. According to UBS, central banks continued to
Gold towards 3.00% gains up for grabs for this week. Markets are on edge over the upcoming S&P Global PMI release. Gold is near an all-time high at $2,790 and is set to close off the week with a firm gain. Gold’s price (XAU/USD) is set to close off the week with a bang, trading at $2,781
Gold hits new 2025 highs amid rising investor anxiety from Trump’s trade rhetoric. Despite a rise in the US Dollar Index, Gold’s ascent signals strong safe-haven demand. Geopolitical tensions in the Middle East escalate, alongside potential US economic measures against Russia. Gold price advances over 0.39% late in the North American session, with the precious
Precious metals are a good-looking alternative investment (or is it more of a speculation?) for investors looking beyond the equity markets for a source of returns. Undoubtedly, gold could outshine the S&P 500 again as investors look to beef up their personal reserves alongside various central banks worldwide. Indeed, gold may be a fantastic lowly
By MATT JONES FOR DAILY MAIL AUSTRALIA Published: 23:51, 22 January 2025 | Updated: 00:20, 23 January 2025 A council has cancelled controversial plans to hand out double-sided Australian and Aboriginal flags at citizenship ceremonies on Australia Day following backlash. The flags were first distributed at a ceremony by Gold Coast City Council in September, but have been
Gold price gains strong positive traction amid the flight to safety after Trump’s tariff remarks. Bets for more Fed rate cuts weigh on the US bond yields and further underpin the yellow metal. A modest USD recovery, along with a positive risk tone, caps further gains for the commodity. Gold price (XAU/USD) retreats slightly after
XAU/USD Gold price hit new multi-week high early Wednesday, in extension of Tuesday’s 1.4% advance, with near-term action being well supported by strong safe haven demand on fresh uncertainties over Trump’s trade policies that weakened dollar and wide expectations that the Fed will keep interest rates on hold in the policy meeting next week. Bull
Share Tweet Share Share Email Regarding gold investing, American Gold Eagles and other modern bullion coins often dominate the conversation. However, savvy investors are finding Pre-1933 U.S. Mint gold coins at a lower premium. These pieces combine the gold bullion value with the historical connection for the potential
Total global gold demand gained 5 percent year-on-year to 1,313 tonnes—a record for Q3FY24, according to the World Gold Council report released in October 2024. Image: Shutterstock Gold rewarded both investors and central banks in 2024. The economic pressures of three independent wars across the globe, inflationary pressures, the need to reduce the dependency on
Gold has been one of the most sought-after assets for centuries, and in the modern era, it has become a highly popular component of investment portfolios. A preferred asset for protection against economic risks, gold has delivered attractive long-term returns, increasing by approximately 8% per year over the past two decades. Since the end of