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Tapering postponed, Gold jumps

Gold prices got a boost on Friday at 10:17 pm Asia time (GMT+7), jumping after Fed Chair Jerome Powell announced the current direction will be maintained. Gold jumps after the message by 0.84% to $1808.60. Silver also got a boost…

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Gold price at $1800 mark ahead of Fed meeting

Ahead of the Fed meeting in Jackson Hole, the gold price shows its volatile side. With Fed officials hinting at asset cuts, this could happen sooner than expected. At 22:08 Asia time (GMT+7), gold futures rose 0.34% to $1,798.95 an…

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Crude oil remains volatile

Crude oil fell today for the first time this week after the recovery started at the beginning of the week. Brent crude oil fell tonight Asia time (BKK GMT+7) by 0.24% to $70.83.WTI crude oil fell 0.21% to $67.88. Nevertheless,…

Copper and iron ore recovery expected

Experts expect a recovery in copper and iron ore due to the positive news from China. Both metals have lost ground since last month. COMEX Copper delivery for September fell 3.8% from last month to $4.223 per pound. Iron ore…

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Gold prices rise, dollar expected to weaken

Gold futures closed higher last night (August 23). Gold prices rose $108.60 to $2,385.10/ounce or 4.8%. Silver futures rose 54.4 cents to $23.656/ounce or 2.35%. The platinum contract rose $19.9, or 2%, to $1,014.1 Palladium futures rose $108.60 to $2,385.10…

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Gold Prices Higher After Taliban Takeover

Investors are currently seeking safe haven, which is lifting gold prices. Global uncertainty such as the Taliban takeover, the spread of the Delta variant, and the loss of purchasing power spreads nervousness among investors. December gold futures rose 90 cents…

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