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Stoobs
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The allure of gold has captivated investors for centuries, and in recent years, the yellow metal has seen a resurgence in popularity. As of October 2024, gold prices have reached record highs, with spot prices surpassing $2,700 per ounce. Analysts predict that gold could continue its upward trajectory, potentially reaching $3,500 by 2025. As a safe-haven asset, gold has been sought after during times of economic uncertainty a...
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The upcoming earnings season may determine the future direction of stocks. The S&P 500 and Dow Jones Industrial Average have reached all-time highs, following a robust jobs report last week and some encouraging inflation data this week that boosted investor confidence in equities.
Among the names reporting next week are $Netflix (NFLX.US)$, $ASML Holding (ASML.US)$, Investment Banks li...
Among the names reporting next week are $Netflix (NFLX.US)$, $ASML Holding (ASML.US)$, Investment Banks li...
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First of all, I am not a pro when it comes to trading. I literally started to back in Feb 2024 with $3k. Then slowly increase to my current investment up to $40k. Due to nature of my work, I am able to sit in front of the computer and watch all the movement of the market trends and candle sticks. Some of you might have known me or have followed me, I am a short term investor as I am not a hungry bear. I am satisfy even if I only made $50-$100 per trade. Som...
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Gold prices hit new milestones last week, reaching a fresh record high of $2,600 on Friday. Expectations of further interest rate cuts bolstered the appeal of bullion, but that is not the only reason.
The rising deficit rate in the U.S. is one of the key forces driving gold prices. Historically, Gold prices and the US deficit rate have shown good synchronicity historically:
1. From 1984 to 2000, the US deficit ra...
The rising deficit rate in the U.S. is one of the key forces driving gold prices. Historically, Gold prices and the US deficit rate have shown good synchronicity historically:
1. From 1984 to 2000, the US deficit ra...
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Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week.
•Base metals: copper prices fall to $9,013 per tonne
•Energy metals: Li carbonate prices drop 3.3% in a week
•Precious metals: Gold prices keep stable
•Bulk commodities: Iron ore prices fall to $90 per tonne threshold
Spot Price Snapshot
Key Price Moves
Last week, iro...
•Base metals: copper prices fall to $9,013 per tonne
•Energy metals: Li carbonate prices drop 3.3% in a week
•Precious metals: Gold prices keep stable
•Bulk commodities: Iron ore prices fall to $90 per tonne threshold
Spot Price Snapshot
Key Price Moves
Last week, iro...
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