Tag Archives: Precious Metal
Gold Gains Over 1% as Market Uncertainty Intensifies
The price of gold surged 1.69% on Monday, closing at $2471.93 per ounce. This was mainly driven by safe-haven inflows as traders anticipated U.S. inflation data this week, which could provide further insight into the Federal Reserve’s trajectory for interest rate cuts. “Should the incoming data continue to show that inflation is moving sustainably toward […]
Focus on XAUUSD today – 1st AUG 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAUUSD for AUG 1 2024. Key Takeaways Technical Analysis Daily Chart Insights H1 Chart Insights Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Focus on GOLD today – 18th July, 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GOLD for July 18, 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Focus on GOLD today – 11th July 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GOLD for July 11 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-Hour Chart Insights Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Precious Metals Wavers as Investors Seek Clarity on Future Trends
Platinum prices retreated towards $1,000 per troy ounce after hitting a one-month peak of $1,030 on July 5th. The decline aligns with a broader pullback in precious metals markets, as investors weigh industrial demand against potential Federal Reserve policy shifts. Downward pressure on platinum prices stems from several factors. China, the world’s largest platinum consumer, […]
Focus on XAUUSD today – 23rd May 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAUUSD for 23rd May 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Precious Metals Soar, Gold Hits New Highs with Silver in Tow
Silver has been on a remarkable run, fueled by robust investment and industrial demand. The precious metal climbed past $30 per ounce, its highest level since January 2013, and is up more than 25% year-to-date. While exchange-traded funds (ETFs) have shown little interest in silver, physical sales have increased since the metal appeared to be […]
