Cryptocurrency Market

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central bank demand

$2,700-in-2025:-goldman-sachs-has-‘highest-confidence’-in-gold-amid-market-challenges

$2,700 in 2025: Goldman Sachs Has ‘Highest Confidence’ in Gold Amid Market Challenges

While gold dipped below $2,500 per ounce, Goldman Sachs commodity analysts remain optimistic, suggesting gold could experience a “potential gain of 8%” amid the “current softening cyclical environment.” Goldman market strategists are particularly confident in this precious metal, stating that, out of all commodities, they have the “highest confidence” in gold. Gold Dips, but Goldman […]

$2,700 in 2025: Goldman Sachs Has ‘Highest Confidence’ in Gold Amid Market Challenges Read More »

gold-breaks-$2,500-per-ounce,-reaching-historic-highs-powered-by-fed’s-decision-and-geopolitical-risks

Gold Breaks $2,500 per Ounce, Reaching Historic Highs Powered by Fed’s Decision and Geopolitical Risks

Gold prices reached historic highs on August 1, breaking the $2,500 mark on the New York Comex exchange. The precious metal reached a price of $2,502.6 for the first time in its history, influenced by the U.S. Federal Reserve’s decision to leave interest rates unchanged, geopolitical risks, and the constant demand from central banks. Gold

Gold Breaks $2,500 per Ounce, Reaching Historic Highs Powered by Fed’s Decision and Geopolitical Risks Read More »