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Gold Futures Slump to Lowest Level Since Early April as Middle East Tensions Ease -- Update

By Joe Hoppe Precious metal prices tumbled as tensions between Israel and Iran eased and safe-haven demand for gold melted away. June gold futures on the New York Mercantile Exchange were.

Joe hoppeNasser kanaaniOle hansenNew york mercantile exchangeDeutsche bankSaxo bankYork mercantile exchangeThu lan nguyenDow jones

Gold hits another all-time high; strategist sees price headed to $3,000 (NYSEARCA:GLD)

Gold hits another all-time high; strategist sees price headed to $3,000 (NYSEARCA:GLD)
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David rosenbergFederal reserveRosenberg researchThu lan nguyen

Why gold remains coveted and expensive

For several weeks now, the price of gold has been trending in one direction only: upwards. At the beginning of March, it reached a record high of 2195 US dollars per troy ounce on the London Stock.

United statesCity ofUnited kingdomAlexander zumpfeWorld gold councilLondon stock exchangeEuropean central bankMiddle eastThu lan nguyen

Gold price falls after US inflation data

After the recent record run, the gold price came under pressure on Tuesday. A troy ounce last cost 2161 US dollars. In the morning, the price of gold was still around 20 dollars higher. Last Friday,.

City ofUnited kingdomIsrael generalUnited statesDirk chlenchLandesbank badenLandesbank baden wThu lan nguyen

Gold hits record peak on US rate cut hopes

The price of gold on Tuesday struck an all-time pinnacle, boosted by its haven status ahead of expected cuts to US interest rates amid growing economic gloom.

Ricardo evangelistaInstitute for supply managementFederal reserveSupply managementThu lan nguyen

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