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Keywords: Gold prices
Gold prices fell sharply on Monday, extending recent pressure on the precious metals market as higher oil prices and expectations of further monetary tightening in the United States weighed on investor sentiment. Spot gold declined 2.7% to $4,171.85 per ounce, while US gold futures also lost 2.7%, settling......
Gold could continue its strong rise and potentially reach $10,000 per ounce before the end of US President Donald Trump’s term, according to Ryan Lemond, co-founder and CEO of wealth management firm New Vision. Lemond believes that gold’s recent rally could continue if the economic and monetary......
The South African rand strengthened modestly in early trading on Friday, supported by rising gold prices as investors adopted a cautious stance ahead of the release of key U.S. employment data expected to influence global interest rate expectations. The currency's advance reflects the close relationship......
Britain’s main equity benchmarks edged lower on Monday, as weakness in mining stocks offset gains in travel and media companies, while investors digested a wave of merger and acquisition activity across listed firms. The FTSE 100 slipped by around 0.1% to 10,663.68 points, while the mid-cap FTSE......
Standard Chartered has expressed optimism about the outlook for global financial markets during the second half of 2026, predicting that risk assets could continue to benefit from improving economic conditions and resilient investor sentiment. According to the bank’s latest investment outlook,......
Recent weakness in gold prices should be viewed as a temporary market correction rather than the beginning of a prolonged downward trend, according to senior officials at the World Gold Council. Market analysts note that despite short-term fluctuations, the fundamental factors supporting gold remain......
The surge in global gold prices is creating an unexpected trend in the luxury watch market, with some vintage timepieces being melted down for their precious metal content rather than being sold as collectible items. As gold continues to trade near historic highs, the value of the metal contained in......
Swiss luxury watchmaker Rolex has increased the global prices of its gold watches by an average of 5%, marking another adjustment in a year characterized by rising production costs and sustained demand for high-end timepieces. The latest increase reflects the continued rise in gold prices, which have......
Gold producer Barrick Mining reported stronger-than-expected first-quarter earnings, driven mainly by a sharp rise in gold prices, even as production volumes declined compared to the previous year. The company benefited from a significant increase in global gold prices, which reached record levels during......