Gold Steady As US Dollar Index Tries to Make Gains - July 30, 2023 13:12

Similar to other commodities, gold prices usually escalate when the US dollar weakens. Hence, during periods when the dollar is losing value, the likelihood of an increase in gold prices is notably high. Unfortunately, although the US Dollar index has retraced from its recent high, it has still made around 10% gains since late 2022. […]

Surge In Gold Prices Back to 2022 Highs - March 24, 2023 6:33

The recent move by the U.S. Federal Reserve to raise rates by 25 basis points suggests that it may have reached the peak of its rate hike cycle, thereby causing a surge in the price of gold around the globe. This is partly because it makes the precious metal a more attractive investment option for […]

Gold Futures Reach their Record High - March 24, 2011 13:26

Gold futures traded on heavy bullish rally on Wednesday’s trading session. Investors were uncertain due to increasing crude oil prices and were expecting high inflation. Traders shifted their focus to safe haven investments in reaction to political crisis and riots in Libya and Middle East. Moreover situation in Japan has further added to surge of […]