Getty Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. The U.S. Bullion Depository at Fort Knox is home to one of the world’s most famous gold reserves — or so it’s believed. However, President Donald Trump wants to see it for himself. “We’re going to open up…
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By Anmol Choubey (Reuters) -Gold prices traded flat on Friday, but were on track for a weekly loss as pressure from a stronger dollar outweighed support from trade uncertainty caused by U.S. tariffs. Spot gold was steady at $3,287.65 per ounce, as of 0242 GMT. Bullion is down 1.5% so far this week. U.S. gold…
CIBC says uncertainty around the world this year is boosting the appeal of alternative reserve asset. (GETTY) · ASSOCIATED PRESS The price of gold is forecast to hit a new all-time high of US$3,600 per ounce in the second half of 2025, and stay there through next year. That’s according to CIBC Capital Markets analysts…
(Reuters) -Citi expects the price of gold to consolidate around $3,100 to $3,500 per ounce in the third quarter, as prices moderate due to geopolitical de-escalation in the Middle East and an improved global growth outlook, the bank said in a note on Monday. “We expect continued price consolidation … and highlight our view that…
SHANGHAI, – China and Hong Kong stocks rose on Wednesday, led by mining and battery shares, as a rally in gold prices and the strong Hong Kong debut of CATL boosted sentiment. ** China’s blue-chip CSI 300 Index added 0.7% by the lunch break, while the Shanghai Composite Index gained 0.4%. Hong Kong benchmark Hang…