Gold prices have hit a record high of $3,500 an ounce, as investors react to Donald Trump’s recent attacks on the U.S. Federal Reserve Chairman, Jerome Powell. What’s Going On? In recent days, Trump has been putting pressure on Powell, calling for immediate interest rate cuts. He’s even suggested that
Background Germany is starting to worry about a big chunk of its gold – 1,200 metric tonnes of it – that’s currently stored in the United States. As trade tensions between the U.S. and the European Union (EU) heat up, more German leaders and experts are saying it might be
Impact:Gold is currently facing a liquidity squeeze, which is putting pressure on its price in the shortterm. A liquidity squeeze occurs when there’s a shortage of money or credit in the market,making it difficult for investors to buy or sell gold without facing higher costs. This has led tovolatility in
Introduction (Gold) Gold has historically been recognized as a safe-haven asset, offering stability during periods of economic uncertainty. Unlike fiat currencies, which can be devalued by inflation and government policies, gold retains its intrinsic value over time. Throughout history, gold has served as a medium of exchange, a hedge against
Gold has been undergoing a correction from the $3035 level, aligning with key technicalbreakdowns and fundamental influences. At the same time, USDINR is experiencing rupeeappreciation, an unusual occurrence given that the US Dollar Index (DXY) remains stablearound 104. This report analyzes the factors driving these movements, including the technicalstructure of
The reason ANZ has raised its 6-month gold forecast to $3,200 per ounce is due to a combination of several global economic and geopolitical factors that are likely to push gold prices higher. Here’s a breakdown of the key reasons behind this revision: 1.Global Economic Uncertainty and Inflation Inflation:With many
Gold has recently surged past its all-time high of ₹86,600, making headlines and capturing the attention of investors. This breakthrough has ignited speculation about the future direction of the metal, particularly if it will continue its uptrend or face a pullback. For investors, understanding these dynamics is crucial in determining
1.When the World is in Chaos, Gold Shines Gold has one simple rule: the more uncertainty, the higher its value. Think about it—when there’s a war, a financial crisis, or global instability, people rush to buy gold because it’s a safe store of value. For example, when the Russia-Ukraine war
Gold has been on a strong upward trend, recently surpassing $2,900 per ounce and setting over 40 all-time highs in the past year. One of the biggest reasons behind this surge is the ongoing accumulation of gold by central banks worldwide. Many governments are reducing their reliance on foreign debt
For decades, the United States’ gold reserves have been shrouded in secrecy, sparking debates, conspiracy theories, and even political intrigue. Fort Knox, the most famous gold depository in the world, is said to house the majority of America’s bullion. But with little public access, minimal transparency, and an audit history
