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Gold prices soared on Friday, aided by China’s recent stimulus measures and rekindled expectations for U.S. interest rate cuts. The yellow metal is on track for its second straight weekly gain, with silver prices breaching the $30 level to strike an 11-year peak. Spot Gold Nears All-Time High, Settles Higher on Rate Cut Bets Spot […]

The gold price spiked to $2,378 per ounce on Wednesday, a 3-week high, after new US economic data signaled slowing inflation and retail sales. This comes as China, the world’s largest gold consumer, prepares major fiscal stimulus expected to further boost gold demand. With Chinese gold buying surging in 2024 while Western investment outflows continue, […]

The gold price spiked to $2,378 per ounce on Wednesday, a 3-week high, after new US economic data signaled slowing inflation and retail sales. This comes as China, the world’s largest gold consumer, prepares major fiscal stimulus expected to further boost gold demand. With Chinese gold buying surging in 2024 while Western investment outflows continue, […]

When it comes to investing in precious metals, silver often gets overshadowed by gold. However, this versatile metal offers a unique value proposition thanks to its dual role as both an industrial commodity and a safe-haven asset. The Stabilizing Factors of Silver According to Binis Bullion & Co. precious metals analyst Agrawal, “Silver tends to […]