Gold prices rose nearly 1% on Wednesday on a softer US dollar, with investors shifting focus to economic data due this week for fresh signals on the timing of the Federal Reserve’s rate cuts. Spot gold was up 0.9% at $2,430.66 per ounce as of 11:00 a.m. ET, extending...

Gold price rises on softer dollar as market awaits more US data

Investing.com-- Gold prices moved little in Asian trade on Tuesday, hovering around 11-day lows as traders sought more clarity on U.S. politics and monetary policy, especially ahead of a Federal Reserve meeting next week. Among industrial metals, copper prices fell on Tuesday, extending steep losses in recent sessions amid growing...

Gold prices struggle around $2,400; Copper battered by China woes

Gold has long been considered a store of wealth, and the gold price often makes its biggest gains during turbulent times as investors look for cover in this safe-haven asset. The 21st century has so far been heavily marked by episodes of economic and sociopolitical upheaval. Uncertainty has pushed the precious metal to record highs as market participants seek its perceived security. And each time the gold price rises, there are calls for even higher record-breaking levels.

What Was the Highest Price for Gold? (Updated 2024)

Fortune

J.P. Morgan said it expects prices to climb to $2,500 per ounce by the end of 2024 and up to $2,600 in 2025.

Gold hits record highs as investors eye Fed rate cut—’going up because it’s going up’

CBS News

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  Gold has broken numerous price records this this year. Earlier this month, gold hit another high of $2,472.46 an ounce, and the price of gold changes every day. Even though it continues to hit new records, there are still some good reasons to buy gold, especially before the pending Federal Reserve meeting at the end of July.Many people are now turning to gold because it brings instant diversification and stability to their portfolios. Ryan P. Derda, a Vice President...

Should you buy gold before the July Fed meeting? Here's what experts say

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Gold prices have been rising over the last couple of weeks and this week posted a new record high of $2,471 an ounce on the futures market. During Tuesday’s trading, spot gold rose 1.8% to nearly $2,466 an ounce. Gold prices have accelerated because traders have become increasingly convinced...

Price of gold hits new record high

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  Gold investing has been top of mind for many investors over the last few years. After all, when inflation and other economic issues are looming, investors tend to turn to safe-haven assets like gold to protect their wealth and mitigate losses from more volatile assets. But the unique benefits that gold offers in uncertain economic climates haven't been the only draw recently.Gold prices have soared since the start of 2024. The first milestone occurred in March when prices touched $2,160...

Gold prices remain elevated. Should you invest in 1-ounce gold bars now?

Florian Grummes, Managing Director of Midas Touch Consulting, predicts that gold prices will increase as a collapse of the monetary system pushes up hard assets. Grummes expects Gold to climb to all new heights!. *********

GOLD Prices Set to SOAR! Shocking Analysis Revealed | Florian Grummes

Virginia State

Ronkonkoma, NY

The New York Post reveals that two men who died in a plane crash at MacArthur Airport were from Virginia. The men had been visiting friends in Long Island and were returning home when the tragedy occurred.

Life partners from Virginia have been identified as the victims of a New York plane crash

FXDailyReport.com

The bullish pressure on gold prices has subsided and prices have reversed downwards. Currently, the price has fallen below the low point of Tuesday’s candlestick which indicates that almost all of the gains that occurred have been erased. If the weakness continues and the price falls below Monday’s low then there is a risk of further decline in next week’s trading. Meanwhile, if the price can reverse upwards and close near its opening point today then the bullish movement can continue.

Daily Oil, Gold, Silver Technical Analysis | July 19, 2024

Gold’s breakout failed and fell back into the previous consolidation zone at $2300 to $2400/oz. Silver reversed hard and is threatening support at $29. Precious Metals must work through this technical damage before they can resume their new uptrends. For years, we have written about the significance of Gold...

Gold’s Potential Game Changer Approaching

California State

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The HD Post

CALIFORNIA – Plaintiffs, in a case against Wells Fargo alleging that the bank knowingly took part in a marketing scam, asked the court, July 8, not to grant a motion for summary judgment.

Class action lawsuit says Wells Fargo customers lost over $160 Million

Kentucky State

Northern Kentucky Tribune

Kentucky’s medical cannabis program has taken significant steps toward ensuring those with qualifying conditions have access to medical cannabis as soon as possible, said Gov. Andy Beshear this week.

State to open licensing applications for medical cannabis businesses beginning July 1

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Illinois State

MOD Pizza has over 500 locations across the country with 22 restaurants in Illinois. The Washington-based chain offers fast-casual fare known for its customized, artisan-style pizzas. Customers can choose from over 40 toppings and 8 sauces to create their own masterpiece.

Bankruptcy Looms for Major Pizza Chain With Chicago Suburban Locations

SINGAPORE (Reuters) - Singapore's key consumer price gauge rose 2.9% in June from a year earlier, lower than economists' forecasts and the lowest reading since March 2022, official data showed on Tuesday. The core inflation rate, which excludes private road transport and accommodation costs, was a notch lower than the...

Singapore June core inflation at 2.9% y/y, lowest in more than 2 years

Gov. Andy Beshear sent a letter to Anne Milgram, administrator for the U.S. Drug Enforcement Administration (DEA) on Wednesday, expressing his support of the U.S. Department of Health and Human Services’ recommendation that the DEA ease restrictions on marijuana.

Gov. Andy Beshear pens letter to DEA in support of easing federal restrictions on marijuana

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

Major U.S. indexes tumbled Wednesday, led by steep declines for technology stocks after worrisome earnings reports from two mega-cap companies. The Nasdaq Composite closed 3.6% lower, a 655-point decline. Wednesday marked the index's biggest one-day point drop in more than four years and biggest percentage decline since October 2022. The...

Markets News, July 24, 2024: Tech Rout Sends Stocks Sharply Lower; Nasdaq Has Worst Day Since 2022

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Gold (XAU) Prices: Will Upcoming U.S. Data Drive Prices Higher?

LONDON (July 24) Gold prices increased slightly on Wednesday as investors anticipate important U.S. economic releases that could impact the Federal Reserve’s interest rate decisions. The...

Gold (XAU) Prices: Will Upcoming U.S. Data Drive Prices Higher?

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