Gold rose to a record high near $5,000 an ounce, as geopolitical risk and threats to the Federal Reserve’s independence added support to a rally fueled by a retreat from currencies and bonds.
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Gold Price Drops 1% After Profit Booking, Global Risk Concerns Cool Down
Gold prices dropped by more than 1% in the international market as investors decided to book profits after recent gains. The fall also came as geopolitical-tensions showed signs of easing, reducing demand for safe-haven assets like gold.
Gold Price Today Slips as Profit-Taking, Lower Geopolitical Tensions Hit Demand
Jan 15 (Reuters) – Gold slipped on Thursday as investors booked profits after the yellow metal hit a record in the previous session, while an apparent softer tone from U.S. President Donald Trump on the Federal Reserve chair and Iran also dampened safe-haven demand.
Blistering Metals Rally: Gold, Silver & Copper Hit Record Highs
(Bloomberg) — Metals extended their dramatic start to the year — with gold, silver, copper and tin all hitting record highs — as investors bet on a boost from more US rate cuts and a revival in sentiment across Chinese financial markets.
Gold Hits Lifetime High in India, Silver Jumps 4% to Record ₹2.78 Lakh/kg
Gold and silver prices are shining bright in the Indian bullion market. Gold touched a lifetime high, while silver prices jumped nearly 4% to hit a fresh all-time record of ₹2.78 lakh per kilogram.
Gold Price Crashes in India Today, Silver Falls Ahead of New Year | Book Profit or Hold?
Gold prices saw a sharp fall in India today, while silver rates also moved lower on 30 December, just a day before the New Year. This sudden drop has surprised many investors, especially those who recently saw gold and silver trading near record highs.
Chinese Silver Stocks Crash to 10-Year Low | ING Update
Chinese silver stocks have fallen sharply to their lowest level in 10 years, signaling possible global supply pressure and new trading opportunities for investors. Know what’s driving the fall and what it means for traders in India.