“Surprisingly strong nonfarm payroll data could drag prices below $2,600/oz.” Prices are currently supported by expectations of a 25-basis-point Fed rate cut this month, coupled with a softer ...
Gold prices declined by 2.5% in domestic markets, last month, following a decrease in gold ounce prices in international markets by 3.5%. This decline was driven by the victory of Donald Trump in the ...
Goldman Sachs has predicted that gold prices could surge to $3150 per troy ounce if US fiscal concerns escalate. This rise is attributed to gold's role as an inflation hedge and growing geopolitical ...
Goldman recently reiterated its $3,000-per-ounce target for 2025, citing ongoing central bank purchases and a favourable interest rate environment as key drivers. IDX Advisors’ Ben McMillan went one ...