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Tag: Metals - Gold

Week of small fluctuations for gold in the shadow of rising interest rates

Gold ended the week with a slight decline in its price, as the prospect of further interest rate hikes seems to limit demand for the precious metal. In particular, the gold August delivery completed today at 1,830.3...

Fourth Day Losses for Gold – 16 Months Low for Copper

Gold prices continued to fall today as the aggressive tone used again by central banker Powell boosted the dollar, while copper fell to a 16-month low amid fears of an impending economic downturn. In particular, the August...

Third consecutive day of falling for gold – At a 16-month low copper

Gold fell on Wednesday, for the third consecutive session, in the wake of Federal Reserve Chairman Jerome Powell's statement to the Senate Finance Committee, which said that the forthcoming interest rate hikes by the US Federal...

Switzerland imported Russian gold in May for the first time since the attack on Ukraine

Switzerland imported gold from Russia in May for the first time since the Kremlin sent troops to Ukraine in February, according to Swiss customs on Tuesday. Switzerland is the largest gold transit center in the world and...

Gold losses of 1.9% per week

Gold prices closed in negative territory on Friday, widening the precious metal losses in the week, after investors' worries about the most risky assets eased and did not seek the security of gold at the close...

Gains of 1.7% for gold in the midst of global shocks

With stock markets sweeping the wave of sales worldwide, investors turned to the safe haven of gold, which closed for a second consecutive bullish session. Thus, after the small gains of 0.3% yesterday, the August gold delivery...