Breaking News: XAU/USD – Market Insights, Analysis & Latest Updates

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XAU/USD

UBS continues to rate gold as 'attractive' despite year-to-end rally

XAU/USD prices soar to a record high; gold's value rises 32% this year due to geopolitical tensions, central bank policies, and diversification strategies in currency reserves.

investing.com • 25/10/2024 - 16:44 PM

Gold prices at record highs as election fears, M.East risks spur haven demand

Gold prices rose to a record high, driven by safe haven demand tied to U.S. election uncertainty and Middle East tensions, while copper prices fell amid concerns over Chinese stimulus.

investing.com • 23/10/2024 - 04:50 AM

XAU/USD

Gold's allure spreads as bulls lock in on fresh records

Gold prices are nearing $3,000 per ounce due to geopolitical tensions and investor interest, with record highs and expectations for continued growth through 2024.

investing.com • 21/10/2024 - 15:31 PM

XAU/USD

Schiff Labels 6-Month Bitcoin Price High With Just One Word

Bitcoin reaches a six-month high at $69,519.52, while gold hits $2,740. Peter Schiff criticizes Bitcoin's rise as meaningless compared to gold's significance.

investing.com • 21/10/2024 - 15:29 PM

Dow, S&P end down as Treasury yields rise, investors eye earnings

The stock market declined with the Dow and S&P 500 retreating from record highs as investors await earnings and react to rising Treasury yields.

investing.com • 21/10/2024 - 09:58 AM

XAU/USD

Safe haven demand to help drive gold higher in next 6-12 months, UBS says

Analysts forecast gold prices to rise over 6-12 months due to lower interest rates and strong central bank purchases, potentially reaching $2,900 per ounce by September 2025.

investing.com • 18/10/2024 - 10:03 AM

GC
XAU/USD

Is gold a safer investment than bonds? BofA answers

Bank of America suggests that gold is surpassing government bonds as a safe haven due to rising fiscal pressures and global economic dynamics, maintaining a bullish outlook for prices.

investing.com • 17/10/2024 - 10:29 AM

Gold prices pressured by strong dollar; copper falls further

Gold and industrial metal prices fell as dollar strength and concerns about China's economy pressured the market, with traders anticipating smaller interest rate cuts from the Fed.

investing.com • 15/10/2024 - 04:13 AM

XAU/USD

Central banks remain keen buyers of gold, representatives tell bullion conference

Central banks are increasingly purchasing gold for reserve diversification, highlighting its longstanding importance despite recent price fluctuations.

investing.com • 14/10/2024 - 23:08 PM

Fundamentals to support higher oil, gold prices: UBS

Oil and gold prices have retracted after geopolitical tensions, yet UBS anticipates them to rise due to modest supply growth and easing monetary policies, forecasting $80 per barrel for oil and $2,850 for gold.

investing.com • 10/10/2024 - 08:54 AM

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