Gold rallies on safe-haven demand, set for best week in nearly 2 years
Gold prices breached the $2,700 threshold for the first time in two weeks on Friday, on track for their biggest weekly gain in over a year, as safe-haven demand outweighed dollar strength and lower expectations of a U.
Gold Futures Rise, Shrugging Off Stronger Dollar on Safe-haven Demand
Gold was more than 1% higher as safe-haven demand outweighs a stronger dollar, and FxPro said the precious metal has returned to growth after nearly three weeks of declines, reversing last week’s drop entirely.
Gold rate today ₹1850 away from record high. Will it climb to a new peak this week?
Making their best weekly performance since March 2024, gold prices finished around 5 per cent higher at ₹77,685 per 10 gm on Friday, just ₹1850 away from the record high of ₹79,535. The rally in MCX gold rates was mainly fueled by an escalation in the Russia-Ukraine war.
Gold climbs to over 1-week high on safe-haven demand
Spot gold rose for a fourth consecutive session on Thursday, hitting an over one-week high as safe-haven demand soared following AI bellwether Nvidia's lackluster revenue forecast and intensifying Russia-Ukraine tensions.
Gold surges Rs 1,100 to Rs 80,400 per 10 gm; silver climbs Rs 300
Gold prices surged Rs 1,100 to hit a two-week high of Rs 80,400 per 10 grams in the national capital on Friday due to persistent buying by jewellers and retailers during the ongoing wedding season, ac
Gold could jump 11% next year as central banks ramp up their buying spree, Goldman Sachs economist says
Central banks are in the midst of a gold buying spree that could continue through 2025, according to Goldman Sachs.
Bitcoin vs. gold: State Street worries the crypto rally's allure is distracting precious metal investors
State Street Global Advisors’ George Milling-Stanley warns cryptocurrency plays do not offer the stability of gold.
Why gold is a better bet than stocks for 2025
Looking to 2025, I am reiterating my bullish call on gold — even, and over U.S. stocks. Going back to 1980, there have ...
Gold prices ease from one-week high as US dollar strengthens
Gold prices eased from a one-week high on Wednesday as the dollar strengthened, though safe-haven demand linked to ...
Barrick Gold CEO: Here is what's driving the price of gold lately
Mark Bristow, Barrick Gold president and CEO, joins 'Squawk Box' to discuss what's driving the price of gold lately, if ...
Gold is up 5% this week because it’s a ‘preferred’ hedge to global risks, UBS says
Gold prices were heading for a more than 5% weekly gain as missile attacks between Russia and Ukraine intensified, stoking ...
The Fed should sell its 70s-era gold stockpile and buy bitcoin to establish a crypto reserve, Sen. Cynthia Lummis says
The US government already owns 203,000 bitcoin worth nearly $21 billion, which it acquired mainly through asset forfeitures.
Hunan Gold Shares Surge After Large Deposit Found in China
Hunan Gold Corp. have surged by their 10% limit for two days in a row after a sizable gold resource was discovered in central ...
Cops nab thief who swiped gold-plated rose from Manhattan church’s 9/11 memorial
Cops have arrested the man they say swiped a $3,000 gold-plated rose from a 9/11 memorial at a Midtown church. Members of the ...
Gold-Plated Rose Stolen From NYC 9/11 Memorial Honoring Influential Pastor
New York City police are searching for a man accused of stealing a gold-plated rose from a Manhattan church memorial honoring ...
Should you buy gold from a big retailer? Pros and cons experts say to know
Buying gold from a big retailer could make sense for some investors, but it won't be the right move for everyone.