Trump receives a large gold crown in South Korea as the host praises his ‘golden era’
Trump Receives Gold Crown in South Korea In Gyeongju, South Korea, President Trump was presented with an impressive gold crown by South Korean President Lee Jae-myung, who spoke of a new “golden era” for national unity. Alongside the crown, Trump was also awarded the Order of Mugunghwa, South Korea’s highest distinction, featuring a substantial medal […]
Gold price expected to exceed $4,000 per ounce for the first time next year, according to analysts
Next year, gold prices are expected to surpass $4,000 an ounce for the first time, following a spike that pushed prices to record levels earlier this month, according to a Reuters survey released on Monday. A group of 39 analysts and traders predict the average gold price will reach around $4,275 in 2026, a significant […]
Gold Price Outlook: XAU/USD stays at risk, with $4,000 in view
Gold prices have been struggling on Monday, reflecting a moderate appetite for risk and the ongoing anticipation surrounding the US-China trade negotiations. The metal saw a decline of nearly 2%, lingering close to the $4,000 support level. US President Donald Trump’s recent remarks, expressing optimism about achieving a favorable trade agreement with Chinese President Xi […]
Gold Reaches Unprecedented Levels Over $4,300 Due to Fed Cuts, China Purchases, and Safe-Haven Demand
Current gold spot price: ~$4,118/oz (as of October 24): Gold prices recently peaked at an all-time high of $4,381/oz on October 20, but have pulled back about 6% in the week since. As of October 24, spot gold was trading at about $4,118 per ounce. Despite this dip, gold remains up approximately 55-57% year-to-date, marking […]
Gold coins and jewelry from ancient times discovered by archaeologists near the Sea of Galilee
Ancient Treasure Discovered in Kaba Archaeologists have recently found a remarkable collection of ancient jewelry and gold coins near a site of historic significance—an old Christian city. This treasure, uncovered in July in Kaba, close to the Sea of Galilee, was linked to a notable bishop during the Byzantine period. In a press release from […]
Gold Drops From Record Highs as Traders Secure Profits Before Fed Decision
Weekly Market Wrap Happy Friday, traders. It’s time to look back at the previous week in the market, taking a closer look at the events, economic data, and headlines that have influenced gold prices and other related assets. Key Takeaways: This week, gold prices dropped over 2%, breaking an eight-week winning streak due to profit-taking. […]
Reasons Why Wall Street Analysts Remain Positive on Gold Despite Recent Fluctuations
Important points This week, gold’s impressive rally experienced a pause as some investors opted to take profits. Analysts remain optimistic, believing that the demand for gold will persist. This is encouraging news for gold miners, whose stock values have surged this year. Gold prices, which had been climbing for a year, halted their ascent this […]
Gold Price Outlook: Is it time to buy gold or wait for price stabilization? Here’s the price prediction for tomorrow.
Gold Price Prediction As we look towards October 2025, the gold market seems to be in a phase of consolidation. The XAU/USD pairing is currently settling after a significant drop from its all-time highs. Traders are closely observing support and resistance levels around $4,000 and $4,192.86 to gauge whether the current downturn is just a […]
Gold is experiencing a sudden correction. Is the rise in its value at risk?
Gold Market Update This year’s surge in gold prices has even outpaced artificial intelligence trading, which has propelled stock markets to new highs. However, the precious metals sector has experienced some turbulence. On Wednesday, futures tied to precious metals dropped over 1%, following a significant decline of 5.7% the day before—marking the steepest one-day fall […]
Gold prices drop by over 2% as the dollar strengthens and investors take profits.
Gold Prices Decline Sharply On Tuesday, gold saw a significant drop of over 5%. This decline continued into Wednesday, as prices extended their losses. The previous day’s downturn was the largest since 2020. After an initial rebound, selling pressures returned, partly influenced by profit-taking from investors and a strengthening dollar. As of 1103 GMT, spot […]