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Gold Dips as Markets Analyze ECB Moves - MarketPulse

Gold prices have posted slight losses on Friday, following sharp gains in the Thursday session. The base metal is trading at a spot price of $1262.70 an ounce in the European session. Gold initially dropped after the ECB announced new easing measures on Thursday, but recovered and posted gains after ECB head Mario Draghi stated […]

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Gold is not a good investment. Here are reasons why

Gold makes sense for those who have no access to or no trust in the financial system, or expect to be in such a situation. Its an alternate currency.

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Why Gold Prices Peaked to All-Time High? Gold prices have soared to unparalleled levels, surpassing $2200. What's driving this unusual advance? Let's delve deeper into it. 1. US Federal Reserve's Decision: The Fed announced that it will maintain interest rates at their current level for at least three rate cuts during the year. With lower rates, the borrowing cost of holding gold will decrease, as it does not yield interest. 2. Weaker US Dollar: The decline in the US dollar makes the inves... Federal Reserve, Interest Rates, Gold Price, The Borrowers, All About Time, This Is Us, Let It Be, Gold, Quick Saves

Federal Reserve

Federal Reserve

Why Gold Prices Peaked to All-Time High? Gold prices have soared to unparalleled levels, surpassing $2200. What's driving this unusual advance? Let's delve deeper into it. 1. US Federal Reserve's Decision: The Fed announced that it will maintain interest rates at their current level for at least three rate cuts during the year. With lower rates, the borrowing cost of holding gold will decrease, as it does not yield interest. 2. Weaker US Dollar: The decline in the US dollar makes the…

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Gold bar on stacks of gold bullions close up

Gold bar on stacks of gold bullions close up Photos. Subscribe to Envato Elements for unlimited Photos downloads for a single monthly fee. Subscribe and Download now!

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Gold On Verge Of Posting First Positive Year Since 2012

Responding to a weaker U.S. dollar, continued contraction in global growth and wide speculation that interest rates will stay near-zero for the remainder of the year, the yellow metal broke above its 200-day moving average and is close to erasing its 2015 losses.

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