Posts Tagged ‘Gold rates’
Gold and Oil News - August 1, 2021 14:10
Inflation Worries Prevail As Gold Prices Look Higher
With June CPI data increasing at an unprecedented rate since 2008, inflation concerns are growing due to loose monetary policy and unorthodox stimulus. This has not yet translated into the gold price, which has not reached $1,900 per ounce since late last year. Data from the USA last week suggest Gold could be on the […]
Gold Futures Advance in Reaction to Political Unrest in Libya
Gold futures gained in electronic trading at Comex division of New York Mercantile Exchange as the riots and political unrest escalates in Libya. Gold futures contract for February delivery moved up 0.1 percent to $1,415 per ounce on Thursday’s Asian trading session. The crisis and clashes of public with government in Libya has made investors […]
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