The Magazine for Asian Investors
The gold price can continue its gains from yesterday and is also today again in the plus. The Fed FOMC meeting, which began yesterday, should provide information about the taper timeline today. Gold prices are +0.22% at $1779.15 per ounce…
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…
Gold prices managed to crack the $1800 mark late this evening Asia time (GMT+7), following the release of U.S. Consumer Price Index (CPI) figures. The silver price slipped back below the $24 mark. Gold prices rose 0.69% to $1807 per…
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 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 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…
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…
