Gold Price Outlook: XAU/USD fluctuates cautiously under $3,400, maintains important 20-day EMA
Gold prices are likely to remain below $3,400 as investors assess the likelihood of a U.S. attack on Iran. The Federal Reserve maintained current interest rates on Wednesday while adjusting its targets for the next two years upward. The 20-day EMA is providing solid support for gold prices. On Thursday, during European trading hours, gold […]
Gold investors appear hesitant due to strong U.S. dollar influenced by the Federal Reserve.
Gold prices are expected to rise during Asian sessions, but sustained buying may not follow. Uncertainties in trade and increasing geopolitical tensions support the demand for safe-haven assets like gold. The Federal Reserve’s hawkish stance has pushed the USD to a weekly high, limiting gold’s gains against the dollar. Gold prices (XAU/USD) saw some interest […]
Are Criminals Actually Moving from Crypto to Gold for Money Laundering?
Simply put British gangs are using gold coins, bars, and grains to conceal the money made from drug trafficking. Experts have raised concerns about gold’s appeal during a shift to cashless transactions, noting that data on its criminal use is largely anecdotal. Unlike cryptocurrencies, which are traceable, gold’s lack of transparency makes it harder to […]
Gold holds steady around $3,390 as traders anticipate the Fed’s rate decision and dot plot.
Gold prices bounce back from $3,370 after Al Jazeera counters Trump’s statements regarding Iranian discussions. Unemployment continues to rise, housing data is underwhelming, and safe haven demand remains strong. The salary appears unchanged. Hawkish dot plots allow for comparisons with gold prices. Gold is expected to trade steadily during the North American session on Wednesday, […]
Silver continues its rise to reach a new record high, while gold dulls: What’s next?
Silver Prices Surge While Gold Continues to Decline On June 18, silver prices experienced notable increases, driven by various market dynamics. In contrast, gold has continued its downward trend amid escalating geopolitical tensions in the Middle East. Record Silver Prices on MCX Silver futures set a remarkable milestone on the MCX today, reaching an all-time […]
Gold prices in India: Current rates for June 18
Gold prices saw an increase on Wednesday, as reported by FXStreet. The price of gold reached INR 9,420.74 per gram, up from INR 9,398.42 the previous day. Moreover, the cost climbed from INR 109,621.30 per TOLA to INR 109,881.30 since the last update. Unit Measure INR Gold Prices 1 gram 9,420.74 10 grams 94,207.35 TOLA […]
Authorities arrest 7 individuals linked to the theft of $100 million in gold, diamonds, rubies, and other valuables in the largest jewelry robbery in US history
Federal prosecutors report that they have apprehended what they’re calling the real-life “Ocean’s Eleven,” or more accurately, the “Pacific Seven,” involved in the largest gem theft in U.S. history. Authorities have charged seven individuals with stealing $100 million worth of gold, diamonds, luxury watches, and other valuables from a Brink’s armored truck in California during […]
Gold outperformed treasuries and the dollar, but the largest bull market in precious metals might be shifting.
This year, precious metals have experienced significant gains, with gold, silver, and platinum all up by over 20% each. Gold has reached an all-time high, and surprise, surprise—silver hit its highest prices since 2011 recently. Platinum, too, has jumped more than 35% since the beginning of the year, outpacing traditional safe-haven assets tied to the […]
Gold Price Outlook: XAU/USD stays stable amid rising concerns
Xau/USD Current price: $3,383.60 President Trump mentions that Iran’s patience may start to “wear thin.” Anticipation grows for US economic data as the markets prepare for the Federal Reserve’s decisions. Xau/USD is likely to trade within a narrow range influenced by updates on risk aversion. Spot Gold hit a weekly low of $3,366.25 on Tuesday […]
Gold prices in India: Rates on June 17
On Tuesday, gold prices in India experienced an uptick, as reported by FXStreet. The price stood at INR 9,372.64 per gram, marking a slight increase from the previous day’s INR 9,357.51. In another measure, gold prices rose from 109,144.20 per TOLA to 109,320.60. Unit Measure INR gold prices 1 gram 9,372.64 10 grams 93,726.34 TOLA […]