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Personal Income And Spending Disappoint, Super Micro Computer Lesson, BOJ Supporter As Japan PM
Spot Silver Soars to 12-year High, Surpassing Gold's Record-breaking Rally
Gold Rises to Another Record High Amid Expected Boost from India Demand
Gold and Silver Could See a Pullback in October That Investors Should Add Into – Analyst
Silver soared to its highest level since 2012, while gold prices hit a new high.
Silver prices touched the highest level since 2012 on Thursday, while gold prices hit a new all-time high, bolstered by expectations of further rate cuts by the Federal Reserve. Silver prices rose 2.8% to $32.71 per ounce on Thursday, expanding its gains for the year to 37%. As silver prices rose, precious metals in general also increased, with gold hitting a new all-time high. Silver is one of the best-performing major commodities this year, as the Federal Reserve's easing of monetary policy last week and the prospect of further rate cuts bode well for these interest-free precious metals. As China takes measures to promote economic growth, the possibility of increased industrial usage also supports silver.
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Thursday as Tech Stocks Lead Rally
Gold: Why Bullish Sentiment Shouldn't Worry Investors
Gold Could Test US$2,775 Next: RHB
India's gold demand is expected to remain strong in the coming months as tariffs are lowered during the gold buying season.
①India, the world's second largest gold consumer, recently reduced import tariffs on gold, and with India's traditional festivals and wedding season approaching; ②this will drive continued strong gold purchases in India, with global gold demand expected to remain robust in the coming months.
Gold Lingers Near Record Highs, Powell's Speech Eyed for Rate Cues
Why Gold Continues to Hit Record Highs
Why Now May Be a Good Time to Take 'Opportunistic' Profits in Gold and Silver
How much is the gold worth worldwide? New record: $20 trillion!
With the international gold price continuously hitting new highs, approaching $2700, the precious metals market has also achieved a new "milestone": the total value of physical gold globally has surpassed the $20 trillion mark for the first time! If we compare it to the stock market, all the gold in the world could almost buy the top ten listed companies globally.
Gold and Cable Soar as Expected
Gold Holds Near Record High as US Data Support Deeper Rate Cuts
Gold Keeps Climbing to New Records on Dovish Fed Comments, Safe-haven Status
Gold Price Soars to Record High as US Consumer Confidence Deteriorates
Express News | Silver Is Trading Higher Following the Fed's Recent Rate Cut
Update: Gold Rises to Record High on Interest-Rate Cuts and International Geopolitical Tension
Gold Prices Keep Breaking Records. Here's why.