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Express News | Benzinga Market Summary: S&P Falls Amid Iran-Israel Tensions And Dockworkers Strike, Oil Surges On Report Of Potential Iran Attack On Israel, Gold And Silver Rise While Bitcoin Drops
Express News | Gold and Silver Are Trading Higher. Safe-haven Assets May Be Rising Amid Uncertainty Following Reports of a Potential Iranian Attack on Israel
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Exchange-Traded Funds, Equity Futures Lower Pre-Bell Tuesday Amid Rising Middle East Tensions
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The gold price surged and banks took action! Within 10 days, 4 banks raised the threshold for this business! Industry insiders: Gold prices are rising, investment needs to be cautious.
①Multiple banks have intensively raised the minimum purchase price for gold accumulation. ②With the gold price hitting new highs again, the smallest business unit for gold accumulation products is 1 gram, and banks have correspondingly increased the minimum investment amount for gold.
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.
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