Browsing: gold market

Spot gold was down 0.7% to $2,311.07 per ounce by 9:09 a.m. ET (1309 GMT) after earlier hitting its lowest since April 5

Investing in these funds allows individual investors to purchase gold even if they possess only EGP 100 or EGP 200

Gold prices hit a record high on Thursday, and logged their best month in over three years, propelled by U.S. interest rate cut expectations and strong safe-haven demand.

The ever-higher prices reached by gold are turning Dubai’s traditional bazaar into more of a window-shopping experience.

Gold prices were poised for their biggest weekly jump in five months on Friday, hovering near a historic high, as Federal Reserve Chair Jerome Powell’s remarks cemented mid-year interest rate cut bets, ahead of a U.S. key jobs report later in the day.

The country’s holdings exceeded $150 billion in November Russian gold reserves surpassed the all-time high in monetary terms, reaching $151.9…

Over 40 tons of the precious metal were added to state reserves in October, according to the World Gold Council…