February 7, 2025
Gold Investing

Gold trims a part of intraday gains to multi-month top; bullish bias remains

Gold price scales higher for the third straight day amid the global flight to safety. Bets for more rate cuts by the Fed also benefit the non-yielding yellow metal. A modest USD bounce and the risk-on mood cap gains for the XAU/USD pair.  Gold price (XAU/USD) retreats slightly from the $2,758-2,759 region, or the highest

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Gold Investing

Gold builds on its intraday ascent beyond $2,750 despite modest USD strength

Gold price scales higher for the third straight day amid the global flight to safety. Bets for more rate cuts by the Fed also benefit the non-yielding yellow metal. A modest USD bounce and the risk-on mood do little to cap the XAU/USD pair.  Gold price (XAU/USD) prolongs its uptrend for the third straight day

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Gold Investing

Gold price hits record high at Rs 60,200 amid global economic concerns

Gold prices have surged to a historic high, with the price of one sovereign (24-carat gold) reaching Rs 60,200 for the first time ever in Kerala. On Wednesday, the price rose by Rs 600, marking a massive jump of Rs 3,000 in just three weeks. The price per gram also increased by Rs 75, now

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Gold Investing

Gold pops and sets forth winning streak this week with safe haven bid

Gold price extends gains and is on its way to have nearly 1% gains on Tuesday.  Traders brace for the first full day in President Trump’s presidency with headline risk elevated.  Gold at a fresh two-month high at $2,732.70 and enters the area with $2,790 as firm resistance ahead. Gold’s price (XAU/USD) is fueled by safe haven

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Gold Investing

Gold surges as US yields and US Dollar tumble

Gold spikes as investors seek safety after Trump’s day-one tariff threats. US Dollar Index drops, Treasury yields fall, both tailwinds for Bullion prices. Escalating Middle East tensions increases global uncertainty, boosting Gold’s safe-haven status. Gold rallied more than 1% and hit a two-month high of $2,745 on Tuesday as investors seeking safety bought the non-yielding

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Gold Investing

Gold price rises Trump tariffs threats, soft USD

Gold spikes as investors seek safety after Trump’s day-one tariff threats. US Dollar Index drops, Treasury yields fall, both tailwinds for Bullion prices. Escalating Middle East tensions increases global uncertainty, boosting Gold’s safe-haven status. Gold rallied more than 1% and hit a two-month high of $2,745 on Tuesday as investors seeking safety bought the non-yielding

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Gold Investing

Betting on a Gold Rush in 2025? Buy These 2 Canadian Stocks

If you are bullish on gold for 2025, you are not alone. With growing economic uncertainty, central bank policies, and the potential for rising inflation, gold has reemerged as a haven for investors. For those looking to capitalize on this trend, two Canadian gold mining giants stand out as top picks. Here are two top

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Gold Investing

Is fractional gold a smart investment right now?

Investing in fractional gold can make sense, but for some investors, other gold assets could be better. Getty Images When the spot price of gold surpassed $2,700 per ounce in late 2024, the financial world took notice. This rally, fueled by a range of factors, like geopolitical instability and inflation concerns, helped to push more

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Gold Investing

Gold prices surge to two-month high as US dollar weakens

Anjana Anil  |  Reuters S&P 500 posts best week since Trump’s election U.S. stocks rallied on Friday with the S&P 500 and Dow notching their biggest weekly percentage gains since early November… and the Nasdaq registering its best week since early December. Gold prices jumped to a over two-month peak on Tuesday, supported by a

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Gold Investing

2 arrested in connection to gold bar courier scams targeting Indian River Shores residents

INDIAN RIVER SHORES − One person was arrested and another awaits extradition on charges over what police said were their roles as “couriers” in scams who met with victims and drove away with thousands of dollars’ worth of gold bars. In early 2024, at least three Indian River Shores residents lost a combined total of

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