Precious metal rally

Precious metal prices received a significant uplift on Thursday 16th May 2024 following the release of better-than-expected U.S. inflation data, which increased the likelihood of rate cuts by the Federal Reserve, again. Gold prices reached their highest point in over three weeks on Thursday too, while silver achieved its highestRead More →

Gold bars

Buy gold bars from South Korea’s convenience stores and vending machines South Korean convenience stores are now the latest attraction for gold enthusiasts. Instead of the typical snacks and beverages, customers can now buy gold bars. Convenience store gold bars GS Retail, one of South Korea’s largest convenience store chains,Read More →

Gold all-time high!

Gold at all-time high above $2,400 Technical analysis indicates that the risk trends towards the upside, with indicators showing overbought conditions and prices rising above moving averages. However, it’s crucial to remember that markets are subject to change and can be affected by various factors, including geopolitical risks and economicRead More →

Gold bars

The precious metal has reached consecutive record highs this year, including a peak on Thursday 4th April 2024. The gold price surpassed $2,300 before slightly retracting. By early Friday, it was trading at approximately $2,278 per ounce. According to some analysts, geopolitical and structural factors are setting gold on aRead More →

Gold price hits new record

U.S. gold futures rose more than 2% to trade at around $2,285 Gold prices continued their ascent, reaching a new record high on Monday 1st April 2024, driven by expectations of U.S. interest rate cuts and the metal’s status as a safe-haven asset. Gold typically has an inverse relationship with interestRead More →

Gold

The surge in gold prices continues, reaching a new peak on Thursday 21st March 2024, with predictions of further increases as central banks around the world persist in acquiring significant amounts of bullion. Some analysts believe the gold price could climb as high as $2300 per ounce in the latterRead More →

Gold

World Gold Council The two most significant events for gold demand in 2023 were the collapse of Silicon Valley Bank and the Hamas attack on Israel, the World Gold Council (WGC) said, estimating that geopolitics added between 3% and 6% to gold’s performance over the year. The WGC estimated thatRead More →

Gold price

Gold was on a tear overnight 3rd December 2023 ripping to a new all-time intra-day high of 2135. Gold prices are on course to hit fresh highs in 2024 and could remain above $2,000 levels, analysts predict. Geopolitical uncertainty, a likely weaker U.S. dollar and possible interest rate cuts areRead More →

Stablecoins

Big news for the crypto industry Singapore’s financial regulator has reportedly said it had finalised rules for a type of digital currency called ‘stablecoin’, placing it among some of first the regulators worldwide to do so. Stablecoins are a type of digital currency designed to hold a constant value againstRead More →