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Huili: bullish on gold's performance in the second half of the year, a chance to buy in on a dip to $2300.
Zhao Shande said that from a technical perspective, any pullback to the strong resistance at $2300 can provide a good buying opportunity for investors, reflecting that gold has a certain defensive capability.
The probability of interest rate cuts in September is 100%! International gold prices have soared to a new high. Analysts believe it will soon challenge $2500.
Will it continue to ramp up?
Watch These Important Gold Price Levels As Metal Hits Record High
Gold (GOLD) prices climbed to set a new record high on Tuesday as investors move into the precious metal amid rising expectations that the Federal Reserve will lower its benchmark interest rate in September. Falling rates increase the non-yielding commodity’s demand by reducing its opportunity holding cost relative to interest bearing assets, such as fixed-income securities.
Spot gold hits new highs again! With positive factors accumulating, will the gold price reach $3,000 next?
As the market's expectations for the Fed's interest rate cut heated up, and some traders increased their bets on Trump's re-election, the international gold price reached a historic high.
Shopify Jumps, Helping Send Toronto Stocks to Record High After Inflation Eases
Canada's benchmark stock index closed at a fresh high finish Tuesday after data showed inflation eased last month, raising expectations the central bank will offer further rate relief next week.
Barrick Gold Options Spot-On: On July 16th, 122.76K Contracts Were Traded, With 1.33 Million Open Interest
On July 16th ET, $Barrick Gold(GOLD.US)$ had active options trading, with a total trading volume of 122.76K options for the day, of which put options accounted for 14.26% of the total transactions,
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