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Gold hits new high after fall in consumer confidence
Gold (XAU/USD) rallies to another record high of $2.670 per troy ounce on Wednesday after an unexpected drop in US Consumer Confidence data on Tuesday increased bets of more aggressive easing and deeper interest rate cuts from the Federal Reserve (Fed).Fxstreet
Sep 25, 2024
Gold price stands tall near record high, overbought RSI warrants caution for bulls
Gold price (XAU/USD) rallied to the $2,664-2,665 region on Tuesday, hitting yet another record high amid rising bets for a more aggressive policy easing by the Federal Reserve (Fed) and escalating geopolitical tensions in the Middle East.Fxstreet
Sep 25, 2024
Silver Price Forecast: XAG/USD skyrockets to a four-month peak above $32.00
Silver price skyrocketed during Tuesday’s North American session and hit a four-month high of $32.26, posting gains of over 4% as the grey metal extended its rally sponsored by a drop in US Treasury yields and a weak US Dollar.Fxstreet
Sep 24, 2024
Crude Oil jumps above $72 as China issues cash injection, UN assembles
Crude Oil pops higher on Tuesday after the Chinese government launched a 500 billion Yuan (CNY) stimulus plan to reboot its economy. This liquidity injection plan should boost Chinese demand again for Crude Oil. Meanwhile, the geopolitical front isFxstreet
Sep 24, 2024
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