Tag Tapering

photo of skyscrapers surrounded with clouds

Gold climbs higher ahead of Evergrande meltdown

The probable Evergrande meltdown has already pushed the gold price back above $1750 yesterday. Before the Fed meeting today and tomorrow, the gold price could advance its upward trend from yesterday. Gold is up 0.6% at $1775.55 per ounce 9:35…

black metal current posts

Commodity week roundup

Energy It was a good week for crude oil. Brent crude oil was able to make a gain of 2.00% to close the week at $72.92 per barrel. Likewise, WTI crude oil closed in the plus, at $69.71 which is…

gold and silver round coins

Invest in gold now?

Gold was able to gain on Friday and close just below $1830. In recent months, the gold price was in a wait-and-see position and has mainly moved sideways. Fed Chairman Jerome Powell has already announced in recent weeks that he…

gold bars

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…

fed building facade against stairs in city

Uncertainty clouds the mood

The Fed meeting minutes have caused enough uncertainty among investors on Wednesday. Even though the number of reported jobless claims was lower than expected, major indices such as the S&P 500 and Dow Jones are falling. The Fed plans to…

Change Language