Gold

The Ministry of Mining has reduced royalties for gold miners in the hope of attracting more investment in the nascent industry. Regulations recently published by the ministry show that miners will now pay a royalty of three percent on…

The problem with gold is that it’s a good asset to hold when things are a little bit bad in the markets. But when things get really bad, it gets sucked into the financial maelstrom. That’s what happened at the start of Covid and that’s…

monsitj/iStock via Getty Images Gold futures ended lower on Friday, reversing earlier gains, as part of a general sell-off in riskier assets after a weak U.S. jobs report raised concerns that the Federal Reserve's hold on interest rates…

Spot gold is approaching a key support area after seeing sharp declines since last week. How low can gold go before bulls rally again? Gold (XAU/USD) 4 hours Chart by TradingView Increased demand for the US dollar and concerns over…

Basic OverviewGold has been on a steady decline since hitting an all-time high last Wednesday. We have seen a reversal in several other markets since last Wednesday, and it is not clear what was behind the move. Data continues to point to a…

Gold dailyYou might expect gold to benefit from the global computer crash, but that’s not the case today. Commodities are suffering across the board due to profit-taking.Gold is down about 2% and silver is down 3.3% after the breakout we…

Gold prices have been rising recently but are currently holding at a key resistance area. Will the channel resistance hold and force the precious metal to retreat? Better keep your eyes open for a possible correction to these levels!…

Source: news.bitcoin.com The world of finance has been abuzz with the growing importance of cryptocurrencies, and one of the most significant developments in the space has been the evolving stance of industry giants…

The overall weakness of the US dollar helped push spot gold prices to multi-week highs. Is the technical resistance level a trigger for a downtrend in the commodity?Or will we see a launch in the next few days? Gold (XAU/USD) 4 hours…

Amnesty International ImageIn a report released late yesterday, CIBC raised its gold price forecasts significantly, predicting a more bullish outlook for bullion, especially in the event of a Trump presidency.Main points:gold:2024The new…