Oil prices have plummeted amid fears of demand destruction and also of rising inventories in the US. On the other hand, the price of gold has skyrocketed […]
Will the gap between oil and gold narrow?
All posts tagged: guld
Goldman raises gold forecast, reiterates its bullish view on commodities
Goldman Sachs on Thursday raised its gold forecast, describing it as the best hedge against financial risks, and reiterated its bullish view on commodities as a banking […]
Traders started selling gold futures after Powell’s testimony
According to global trading platform Capital.com, retail volumes in gold CFDs (Contracts for Difference) reported a one-day decline of 88 percent on March 7, 2023. During the […]
Gold prices may go lower, but now is the time to build a strategic position
Now is the time for investors to look at building a strategic position in the gold market, according to one market strategist, as gold prices are expected […]
Silver is a protection against loss of purchasing power
Real wages have never shrunk as much as they are now. Precious metals such as silver, on the other hand, maintain purchasing power because silver is a […]
