ECONOMY and TRADE

Gold price extends rally following Israeli attack on Iran

me-metals: Gold extended its rally on Friday as investors fled to the precious metal following Israel’s attack on Iran, re-igniting fears of a broader conflict in the Middle East.

Four Minutes ago

Gold surpasses euro as second-largest reserve asset: European Central Bank

me-metals: Gold, driven by record purchases and surging prices, has overtaken the euro as the second most important reserve asset behind the dollar, says the European Central Bank (ECB).

Two Days ago

Bank gold traders reaped $500 million as tariff panic set in

me-metals: Precious metals traders at top banks including JPMorgan Chase & Co. and Morgan Stanley posted their best performance in five years in the first quarter, in part thanks to an arbitrage opportunity...

Three Days ago

Gold price inches higher with spotlight on US-China trade talks

me-metals: Gold prices inched higher on Monday as the market gauges how ongoing US-China trade negotiations will take shape.

Four Days ago

Gold price surges near one-month peak as geopolitical risks mount

me-metals: Gold prices rallied to a near one-month high on Monday, as a combination of geopolitical risks and economic uncertainty fuelled investor demand for safe-haven assets.

Eleven Days ago

Gold price drops 1% following Trump comments, inflation data

me-metals: Gold prices dropped more than 1% on Friday as markets digested the latest tariff developments, while a softer inflation report in the US kept hopes for a rate cut alive.

Fourteen Days ago

Gold price rebounds to $3,300 as market digests court ruling on Trump tariffs

me-metals: Gold prices returned above $3,300 an ounce on Thursday as the market assesses the implications of a court ruling that blocked most of US President Donald Trump’s tariffs.

Fifteen Days ago

Citi adjusts short-term gold price forecast back to $3,500

me-metals: Citi has raised its short-term gold price forecast back to $3,500 per ounce, with escalating tariffs and heightened geopolitical risk as key drivers of the safe-haven metal.

Sixteen Days ago

Gold price falls almost 1% on Trump’s EU tariff delay

me-metals: Gold prices slipped on Monday as market sentiment improved after US President Donald Trump pushed back the effective date of his proposed tariff on the European Union to allow the two sides...

Seventeen Days ago

Gold price climbs above $3,350 on new Trump tariff threats

me-metals: Gold extended its weekly rise on Friday to climb above the $3,350 mark, as investors fled to safety after US President Donald Trump reignited global trade concerns with fresh tariff threats.

Eighteen Days ago