Binis Bullion

Silver prices (XAG/USD) found a temporary foothold near the key psychological support of $30 during Friday’s European session. However, the precious metal remains on fragile footing after a sharp sell-off over the past two trading sessions, as investors grow skeptical about the Federal Reserve pivoting to rate cuts as soon as September. Fed Rate Cut […]

Gold prices extended their sharp decline into a third consecutive session on Thursday, tumbling to fresh one-week lows as a wave of upbeat US economic data boosted Treasury yields and the US dollar, while diminishing expectations for aggressive interest rate cuts by the Federal Reserve. At the time of writing, the precious metal is trading […]

Gold prices traded over 1% lower near $2,380 on Wednesday as mounting expectations for further interest rate hikes by the Federal Reserve and other major central banks diminished the precious metal’s allure as a non-yielding asset. Fed policymakers have reiterated their resolute stance, stating that more progress is needed to tame stubbornly high inflation before […]

Gold prices retreated from an all-time peak of $2,450 per ounce hit earlier this week, as the U.S. dollar regained some ground and Federal Reserve officials maintained a hawkish stance, tempering expectations of an imminent rate cut. The precious metal traded at $2,418, down 0.28% after reaching a high of $2,433 on Tuesday. Wall Street […]

Gold prices soared to fresh all-time highs, boosted by rising expectations of the U.S. Federal Reserve cutting interest rates and escalating geopolitical tensions in the Middle East that stoked safe-haven demand for the precious metal. Bullion Tops $2,450 as Traders Price in 2024 Fed Rate Cuts Gold futures surged as much as 1.4% to hit […]

Jim Rickards’ Rigorous Analysis Projects Gold Price Exceeding $27,000 – Not a Guess. The economist’s latest gold forecast far surpasses his 2026 estimate of $15,000, signaling potential for massive gains. Jim Rickards Forecasts Gold Price Surpassing $27,000 – Rigorous Analysis, Not Speculation Renowned economist Jim Rickards has made a bold new prediction – he expects […]