Dec 13 - Gold prices edged higher on Friday and were set for a weekly gain, driven by reports of top consumer China resuming gold purchases, and heightened expectations of an interest rate ...
In its 2025 gold outlook, the industry body said that if the economy performs according to market-consensus expectations gold prices should rise at a more modest rate than this year. Gold has ...
Gold prices are likely to climb at a more measured ... For 2024, the precious metal is set for its best annual performance in more than a decade. Prices have hit 40 record highs over the course ...
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(Bloomberg) -- Gold headed for the biggest weekly gain since March last year as an escalation in the Russia-Ukraine conflict boosted its haven appeal, with traders also assessing prospects for ...
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Spot gold was up 1.3% at $2,704.11 as of 12:40 p.m. in New York, taking its weekly gain to 5.5% so far this week, its best performance since March 2023. The Bloomberg Dollar Spot Index rose 0.4% ...
The price of gold could hit $3,000 an ounce next year as central bankers continue to scoop up the precious metal, Samantha Dart, the co-head of commodities research at Goldman Sachs, said.
Gold looks set to post its strongest yearly performance in 45 years after marking multiple record highs throughout 2024, with central-bank demand among the metal’s biggest drivers. Policy ...