Gold - Page 33

Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons
A view shows ingots of 99.99 percent pure gold in a workroom during production at Krastsvetmet precious metals plant in the Siberian city of Krasnoyarsk, Russia, May 23, 2024. (Photo: Reuters)

Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons

Sydney, Feb 2 (The Conversation) After months of speculation, US President Donald Trump confirmed he will be nominating Kevin Warsh as the next chair of the US Federal Reserve. The appointment has been closely watched in the context of Trump’s ongoing conflict with the Fed and its current chairman Jerome Powell. The immediate reaction to

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Record gold price reflects deeper problem than recent global instability
The image captures a luxurious gold jewelry shop in Deira, Dubai, showcasing an extensive collection of gold necklaces and bracelets. Three men, dressed in traditional attire, are seen inside the shop, with one examining a piece of jewelry under a magnifying glass. (Photo: Getty Image)

Record gold price reflects deeper problem than recent global instability

Birmingham (UK), Feb 1 (The Conversation) The price of gold has risen to over US$5,000 (£3,662) an ounce for the first time ever, after doubling in value over the course of a very strong 2025 for the precious metal. The usual explanation for such strong rises is that gold is considered a safe bet for

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Gold plunges by Rs 14,000, silver by Rs 20,000 in a single day on profit-taking, stronger US dollar
A saleswoman displays a gold necklace inside a jewellery showroom in Kolkata, India. (Photo: Reuters)

Gold plunges by Rs 14,000, silver by Rs 20,000 in a single day on profit-taking, stronger US dollar

New Delhi, Jan 30 (PTI) Gold prices tumbled by Rs 14,000 per 10 grams and silver prices tanked by Rs 20,000 per kg in the national capital on Friday as investors booked heavy profits amid weak global trends and a rebound in the US dollar. According to the marketmen, gold of 99.9 per cent purity

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Silver, gold futures decline as traders book profits after record highs
An Indian jeweller weighs gold jewellery at a shop in Ahmedabad. (Photo: Getty Image)

Silver, gold futures decline as traders book profits after record highs

New Delhi, Jan 30 (PTI) Silver and gold prices declined sharply in the futures trade on Friday as traders booked profits at elevated levels after a record-breaking rally, tracking a bearish sentiment in global markets and a rebound in the US dollar. On the Multi Commodity Exchange (MCX), silver futures for March delivery plunged Rs

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