me-metals: HSBC has raised its average gold price forecasts for the next two years, citing heightened geopolitical risks and strong investor demand for bullion, as Reuters first reported.
me-metals: Gold prices fell by nearly 2% on Friday, tracking towards a second straight weekly loss, as news of a US-China trade agreement diminished investors’ appetite for the safe-haven metal.
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.
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).
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...
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.
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.
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.
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.