Gold soars to record high above $2,700 on geopolitical tensi
Gold rises 0.98%, reaching $2,720 as geopolitical tensions and US election concerns drive demand for safe-haven assets. Falling US Treasury yields and the weakening US Dollar further boost Bullion prices, with the US Dollar Index dropping t...
Will Gold continue to rise? – Commerzbank
This morning, the price of Gold reached a new all-time high of more than $2,700 per troy ounce, although the market is expecting significantly less interest rate cuts by the US Federal Reserve than at the beginning of the month and the US d...
Significantly lower Swiss Gold exports to India – Commerzba
The record high price level is having a dampening effect on demand for Gold in Asia, as shown by data on Switzerlands Gold exports for September published yesterday by the Swiss Federal Customs Authority, Commerzbank commodity analyst Carst...
Gold price surges as US yields drop, eyes $2,700 mark
XAU/USD climbs as falling US Treasury yields boost demand for non-yielding assets. Traders anticipate rate cuts from major central banks as inflation cools with the ECB expected to act on October 17. Geopolitical uncertainty and upcoming US...
Gold breaks to new high as interest rates set to fall global
Gold touches a new all-time high above the previous September 26 high. The precious metal is helped by lower interest rate projections globally as inflation ducks. XAU/USD confirms its uptrending bias but risks pull back before extension. G...
Gold closes in on $2,685 record high
Gold rallies ever closer to its previous all-time high at $2,685. A decline in manufacturing activity in the state of New York triggered the latest bout of buying. A break above would signal a new all-time high and an extension of the domin...