Gold prices reached record highs in July and August, driven by economic instability and geopolitical tensions. Palladium and platinum prices faced bearish pressure due to weak demand and concerns about a global economic slowdown. Silver prices experienced volatility, rallying briefly before declining due to weak industrial demand. Analysts predict gold...

How Long Will Gold’s Record-Breaking Rally Last?

NEW YORK (August 15) Gold has seen its best performance in decades in 2024 amid its climb to a new record high of $2,483.35, and while the yellow metal has struggled to rally above $2,480 on three separate occasions, one analyst says it's only a matter of time before it succeeds and breaks above $2,500.

Gold and silver to rally through the end of 2024, copper likely to lag

In the latest episode of the Money Metals Midweek Memo podcast, host Mike Maharrey dived into the ongoing impacts of inflation, Federal Reserve policies, and the latest developments in the gold and silver markets. Maharrey opened the discussion with an analogy comparing the Federal Reserve’s denial of responsibility for inflation...

Gold Hits Historic Milestones as Inflation and Dollar Weakness Drive Precious Metals Surge

Gold prices fell sharply yesterday as investors reacted, as expected, to the latest U.S. inflation data, which came in below expectations. Gold is traditionally seen as a safe-haven asset in volatile economic times and tends to rise when inflation rises. However, the latest CPI data has changed market sentiment, and many market participants now believe that the Federal Reserve may cut interest rates. This has made gold less attractive, leading to a sharp sell-off.

Gold Crashes, Bitcoin Rockets, And Peter Schiff Is Not Happy About It

Reuters

(Reuters) - Gold prices slipped on Wednesday as the dollar ticked up, while investors awaited a key U.S. inflation report due this week for more clarity on the size of a likely September rate cut.

Gold slips on firmer dollar, US inflation data in focus

Money Week

Should you invest in gold or silver? Or should you own equal amounts of the precious metal?

Gold or silver: which is the better bet?

Markets Insider

Gold jumped past $2,500 an ounce on Friday, reaching a new high. The metal is rallying on bets the Fed will soon cut rates.

Why gold prices just hit a record

(1:00) - What Is Pushing Gold Prices Higher?. (5:15) - Why Are Central Banks Buying Up So Much Gold Lately?. (8:45) - Can This Gold Rally Continue And For How Long?. (16:10) - How Much Gold Allocation Should You Have In Your Portfolio?. (21:10) - Breaking Down The Outlook For...

Why Gold Prices Are Set to Soar

Professional investor Jacob White, ETF product manager at Sprott Asset Management, highlights three copper mining stocks set to benefit from surging demand for energy transition

How to profit from the next copper supercycle

Prices of the red metal have been climbing steadily in recent weeks, paring losses after falling to a four-month low in early August. Saxo Bank's Ole Hansen said copper's recent rally had been bolstered by renewed demand from hedge funds which had previously cut their exposure "during the recent and deep 24% correction."

Copper prices near six-week high as one strategist says the 'worst of the correction is over'

CBS News

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms.
  Diversifying your portfolio with gold investments can be smart at any time, but in today's economic climate, it can be particularly wise. Gold has long been known as a hedge against inflation, and with economic concerns still at the forefront, it can also be a good way to balance risk and protect your wealth, too.If you're looking to get started in gold investing, 1-ounce gold bars can be a good place to begin. You can buy these at precious...

4 1-ounce gold bar benefits you may not know

FXDailyReport.com

Gold prices bounced from the green box area and attempted to continue the upward movement to print new record highs. The trend is bullish and no change to the scenario. Traders who have long positions will continue to hold the positions while expecting another bearish correction toward the green box area for a chance to add more long positions.

Daily Oil, Gold, Silver Technical Analysis | August 26, 2024

Georgia State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

Daily Coffee Press

According to officials with the Southern District of Georgia, two recently unsealed federal indictments have charged 23 defendants in a series of broad conspiracies involving the use of drones to smuggle methamphetamine, marijuana, and cell phones into state prisons in Georgia.

23 Defendants Charged in Federal Indictments for Drone-Smuggling Drug Operation in Georgia

The current upward trend in silver may interest investors as it is expected to reach potential highs of. This rise is attributed to an increased industrial use of silver and a weakening USD environment. Simultaneously, potential disruptions to silver mining operations due to global uncertainties are raising supply concerns. However,...

Silver on the rise amid market volatility

Corn futures started falling out of the overnight gates on Sunday night and continued that trend through the rest of the day. Contracts were down 4 to 6 cents at the close. Monday afternoon’s Crop Progress report indicated 84% of the US corn crop was in the dough stage as of August 25, 1% above normal. There was 46% of the crop dented, with 11% dented, both respectively 4% and 5% ahead of the 5-year average pace. Crop ratings were down 2% to 65% in the good to excellent categories, which dropped the Brugler500 by 5 points to 363, the lowest it has been so far this growing season.

Corn Closes Weaker on Monday, Crop Ratings Fall

The Motley Fool

The stocks have jumped on their earnings report. Here's why they could keep rallying.

3 Soaring Stocks That Are Screaming Buys in August

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

DeanLand

We join a gold panning group to search for treasure. In August 1829, the Georgia Journal, a Milledgeville newspaper, announced that two gold mines had been discovered in Habersham County. The report onfirmed for the broader public a loosely held secret shared by a few new white settlers: the gold region of North and South Carolina extended into Georgia.

Georgia's Gold Fever: Prospectors Still Hunting after 100 Years

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

NewsNinja

An Aldi shopper recently shared her disturbing experience with a moldy rice package from the supermarket, sparking debate. A TikTok user named @defonotlils posted a video on June 6 that quickly became popular, accumulating more than 674,600 views. In the video, she shares what happened after finding out about something.

This is why I don’t shop at Aldi: Woman can’t believe what she found in her packaged rice from Aldi

The value of gold is breaking records and soaring high with a gold bar now valued at over a million dollars. This investment phenomenon is largely due to predicted rate cuts from the US Federal Reserve and an unstable global market due to trade disputes and geopolitical tensions. Investors have...

Gold value soars amid global uncertainties

LONDON (August 27) Gold prices rallied last week, buoyed by a dovish speech from Federal Reserve Chair Jerome Powell. While the metal's upward momentum has shown signs of slowing, it remains on a positive trajectory. Market participants are currently anticipating a 25-basis-point rate cut in September, which could pose a...

Gold: Rally Beyond $2,550 Hinges on Fuel From These 2 Catalysts

NewsBreak

Gold: The Rally is Likely to Continue

Starting from a low of USD 2,353 on July 25th, gold has been able to push further upwards over the past four weeks. Last Friday, spot...

Gold: The Rally is Likely to Continue

Comments / 0