View: Source Key Points: Gold climbed back above the $4100 level. Silver attempts to settle above $49.00 as trades bet on a rebound. Platinum tested the $1600 level. Gold Gold is moving higher as traders increase their long positions after the strong pullback. A move above the resistance at $4170 – $4180 will push gold towards the next resistance level at $4370 …
Continue ReadingView: Source In a powerful and paradoxical display of stubborn strength, gold is holding firm near its all-time record high, a resilient and defiant stance in the face of a wave of good news that should, in theory, be sending it tumbling. The precious metal is brushing off signs of an easing in global trade tensions and the growing hope of …
Continue ReadingView: Source Key Points: Gold consolidates near $4,230 as Fed rate cut expectations and fiscal risks sustain global safe-haven demand. Central banks purchased over 180 tonnes of gold in Q3, reinforcing long-term institutional demand and price stability. Silver steadies near $51.60 as industrial demand from solar and electronics supports strategic long-term growth. Market Overview Gold prices opened the week on a …
Continue ReadingView: Source Much has been whispered, postulated and debated over the decades regarding gold’s potential and place in a new global monetary system. Why? Gold has had a long monetary history, whereas fiat currencies, even the strong ones, have not survived the tendencies of rulers and governments to debase their currencies after insurmountable debt accumulation to fund their expanding programs, be …
Continue ReadingView: Source Key Points: Gold price hits record $4218.41 as Fed rate cut bets and U.S.-China tensions fuel strong safe-haven demand. Traders price in 96% chance of an October rate cut and 93% for December, boosting the bullish gold market outlook. Strong upside momentum continues to squeeze RSI top-pickers as gold bulls ignore overbought warnings. Gold Price Clears $4200 for First …
Continue ReadingView: Source Gold’s ascent through $4,000 an ounce is yet another milestone in a three-year bull run that has defied die-hard skeptics and broken analytical models that have reliably predicted its rises and falls for decades. Here is the story of how bullion shook off its reputation as a barbarous relic and muscled its way back toward the center of the …
Continue ReadingView: Source Gold is having a gangbusters year — and that’s typically a red flag about the state of affairs in the world. This week, gold blew past $4,000 an ounce, and some on Wall Street are betting the rally is just getting started. When investors pile in to gold, it’s not usually during good times, but when they feel like the …
Continue ReadingView: Source The BRICS plan to replace the US dollar gained serious momentum when Russia hosted the 2025 Moscow Financial Forum and announced a dedicated precious metals exchange. This platform allows countries to settle payments in gold, platinum, diamonds, and also rare earth minerals, bypassing Western systems like the London Metal Exchange and SWIFT entirely. The BRICS plan to replace the …
Continue ReadingView: Source In this copper analysis article, we highlight reasons why prices could be moving even higher. US copper prices have made a decent comeback in recent months, kicking off October with renewed momentum after the sharp slump seen at the end of July. Prices remain supported as supply disruptions and a weaker dollar fuel momentum. Copper analysis: Prices remain supported …
Continue ReadingView: Source Gold hits new record highs above $3,780 per ounce, up 43% YTD. Fed policy is not the only driver; ETF inflows are the key catalyst. SPDR Gold Shares absorbed 19 tons in a single day, boosting demand. Silver rallies above $44, eyeing its 2011 peak near $50. Short Pause, Strong Rebound The pause in gold’s rally after last week’s …
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