Gold prices continued to fall on Wednesday and remained near two-week lows. Spot gold fell 1.1% to $4,067.72 an ounce, having hit an intraday low of $4,050.60. U.S. gold futures also fell. Futures fell 1.6% to $4,083.60 an ounce. Gold is currently trading just above the important level of $4,000 an ounce, which many investors … Read more
Wall Street tumbled on Friday, led by technology stocks after months of gains driven by artificial intelligence, as rising oil prices, soaring bond yields and resurgent inflation concerns triggered a broad sell-off in global markets. The S&P 500 fell about 1% after hitting a record high the previous day, while the Nasdaq Composite fell more … Read more
U.S. stocks remained volatile on Tuesday as investors faced uncertainty over the escalating conflict between the United States and Iran. President Donald Trump has set a new deadline of 8pm ET for the Strait of Hormuz, warning that “entire civilization” will be wiped out tonight. Traders display stock market data as they work at the … Read more
gold and silver price Market experts said on Saturday that they were expected to open sharply higher on Monday as tensions between Israel and Iran intensified, which was prompting investors to turn to safe-haven assets. Israel, U.S. and Iran conflicts are pushing gold and silver prices higher as investors flock to safe-haven assets (Reuters) The … Read more
violent fluctuations gold price The U.S. Treasury Secretary’s comments last week were partly due to speculative trading activity in China. Scott Bessant It comes as the precious metal’s record-breaking rally reverses course and sends ripple effects across global markets. U.S. Treasury Secretary Scott Bessant’s comments came after gold prices soared to a record high before … Read more