GCMAIN Gold Futures(JUN4)
- 2424.2
- -14.3-0.59%
Gold Futures(JUN4) News
Gold prices hit another record high, and major banks continue to be bullish
Agencies such as Societe Generale Bank believe that the basis for gold's long-term rise is still there, and it will continue to rise until at least the end of the year.
Can I still buy money now? UBS conducted in-depth research on China's gold market
UBS pointed out that the Chinese market sentiment tends to buy when the price of gold recovers. As a result, future investors may be more likely to react flexibly to the price and be willing to buy at a decline of around $2,250 per ounce.
Is the precious metals market playing a “rich-making game”? Gold, silver and copper are “rising”, and these Hong Kong and US stocks are expected to benefit!
As investors' expectations that the Federal Reserve will lead the world's central banks to cut interest rates during the year continue to heat up, and news surrounding the helicopter accident involving the Iranian president has also stimulated safe-haven demand in the precious metals market.
Gold market analysis: Weakness in the US economy helped gold rise sharply to a pre-test high
Bank of China Guangdong branch Wang Gang said that high inflation, high interest rates, rising household debt, and depleted pandemic savings are all expected to continue to drag down the US economy in 2024. Furthermore, data reflecting inflation, such as CPI and retail sales, released by the US last week have all eased markedly, once again raising the market's expectations that the Federal Reserve will speed up the pace of interest rate cuts this year. To this end, gold also responded positively to the view that US inflation may be under control and that the US hopes of cutting interest rates will be revived.
May 20 Technical Analysis Report: Spot Gold, WTI Crude Oil
This article summarizes the latest opinions of economies.com analysts today, including spot gold, WTI crude oil, and many other varieties!
The “precious metals frenzy” continues: gold continues to reach record highs, and silver rises above $32
① Shortly after the opening of the Asian session on Monday, spot gold further hit a record high, while the price of silver rose above $32; ② The “precious metals frenzy” continued, as investors' expectations that the Federal Reserve would lead the world's central banks to cut interest rates during the year continued to heat up, and news surrounding the helicopter accident involving the Iranian president also stimulated safe-haven demand.
Gold and silver are booming in the short term! Luntong led the explosion of non-ferrous metals across the board
Bullish bets on gold have surged, and the strong rise in copper is affecting silver. Investors are piling up to invest in metals, buying long positions, closing short positions, and adding large amounts of margin... The metals market is very lively.
Gold Holds Near Record as Fed Rate-Cut Optimism Fuels Demand
Gold notched a fresh all-time high, as investor demand soared across the broader metals complex amid increasing optimism the US will cut rates this year.
Golden Week Review: “Super Week” gold prices surpassed the 2,400 mark and were tested by the minutes of the Federal Reserve meeting this week
The gold market had a large amount of important economic data and in-depth comments from the Federal Reserve that needed to be digested. The results led to the formation of one of the most dramatic trends in the precious metals market this year. Gold prices rose more than 2% last week. Analysts and traders want to know how high the price of gold can rise in the current environment. On Friday (May 17), spot gold closed up 1.58% to close at $2414.50 per ounce.
The international metals market is “fighting for glory”: gold and silver sprint to new highs, copper and nickel continue to boom
① Spot gold rose more than 1.5% to $2,414 per ounce, approaching the record high set last month; spot silver rose even more strongly, surging 6.3% in a single day; ② Portfolio manager Matthew Heap told the media, “Many funds missed the rise in gold. Obviously, they are very eager to participate in copper.”
Gold, silver, and copper are rising! Silver has broken through a ten-year high, and a new round of large-scale supercycles has begun?
Global commodities are once again booming!
UBS Warns Gold Prices May Pull Back Soon, Remains Bullish Long-term
In a note to clients, UBS analysts told investors to consider portfolio hedges amid ongoing macroeconomic uncertainty. However, they noted that while gold has traditionally acted as a safe-haven asset, there are potential short-term headwinds.
The perfect storm for the precious metals bull market! Gold and silver are booming hand in hand. Analyst: There is no end in sight!
Then play music, then dance.
With a lot of effort, the silver bully reached the 30-mark mark! Gold returns to the 2400 mark
Over $400 million in big orders poured in! Silver has hit a new high in more than 30 years, and will the 50 mark also become something that many have in their pockets?
Express News | Spot gold stood at 2,400 US dollars/ounce, the first time since April 19, and rose nearly 1% during the day.
FXStreet Chief Analyst: Gold is ready to resume its rise! This scene may stimulate the price of gold to break through 2,400 US dollars
In the Asian market on Friday, spot gold maintained a slight rebound trend during the day. The price of gold is currently around 2,379 US dollars/ounce. FXStreet chief analyst Valeria Bednarik pointed out that the price of gold was revised from around 2,400 US dollars/ounce and seemed ready to resume the rise. Gold's goal remains to retest the $2,400/oz area.
Gold Prices Set for Second Weekly Gain on Fed Rate Outlook
GOLD prices held steady on Friday (May 17) and were on track for a second consecutive weekly gain, as recent US economic data prompted traders to raise bets of an interest rate cut from the Federal Reserve later this year.
Gold and silver join hands with platinum to “go wild”! Is the hot market that belongs to them unfinished?
The strategists said there is still room for further growth in gold, silver, and platinum! Precious metals prices rose sharply on Wednesday. The lower than expected CPI inflation data released by the US and the successive increase in the number of initial jobless claims brought back expectations of the Federal Reserve's interest rate cuts.
Is the upward trend continuing? The strategist shouted: Gold and silver will soon reach new highs!
Gold, silver, and platinum have been rising so far this year, and some strategists believe these precious metals will rise further in the coming months.
Commodity prices hit a one-year high to fight inflation and face new threats
Rising raw material prices are hampering central banks' efforts to curb inflation.