Gold surpasses $4,100 and targets $5,000 as US-China trade tensions escalate
On Tuesday, gold prices hit an unprecedented high, surpassing $4,100 per ounce, driven by anticipation of Federal Reserve interest rate cuts and renewed fears over US-China trade tensions. According to…
Gold reaches a new record high above US$4,000 an ounce amid market turmoil
Gold hit an all-time high of $4,011.18 per ounce on Wednesday, surpassing the $4,000 milestone for the first time as investors flocked to the metal amid escalating economic and geopolitical…
Gold Approaches $4,000 Amid US Shutdown Safe-Haven Demand
On Monday morning, gold prices surged past US$3,900 per ounce, nearing the US$4,000 mark, driven by increased demand for safe-haven assets amid the ongoing US federal government shutdown. Bloomberg reported…
Gold Prices Hit New High, Surpassing $3,800
Gold Reaches Record High, Surpassing $3,812 Per Ounce Amid Political Uncertainty and Economic Factors The price of gold hit an all-time high on Monday, soaring past $3,812 per ounce as…
Gold Reaches New High Following Powell’s Remarks
Gold prices hit a new all-time high on Tuesday, buoyed by remarks from Federal Reserve Chair Jerome Powell that reinforced hopes for upcoming interest rate cuts. While Powell offered limited…
Global Gold Prices Reach Record High Amid US Federal Reserve Rate Cut Expectations
This week, global gold prices surged to a new record high, driven by rising expectations that the US Federal Reserve will continue to ease interest rates. Spot gold prices surpassed…
Bot to Consult Gold Traders Next Week on ‘Strong Baht’ Policies
The Bank of Thailand (BOT) is scheduled to meet with gold traders early next week to discuss and finalize measures aimed at mitigating the impact of gold trading on the…
Robust Currency Boosts Outlook for Surge in Thai Gold Demand
Photo credit: Reuters Thai gold demand is expected to remain strong for a fifth consecutive year, driven by a rally in the local currency that makes gold cheaper. This ongoing…
Bank of Thailand Looks to Mitigate Gold Price Impact on Baht
Thailand’s central bank announced on Monday that it will closely monitor and manage the baht. The Bank of Thailand is exploring measures to reduce the influence of gold price fluctuations…
Gold Surges Past $3,500 to Reach Record High on Rate-Cut Expectations
Gold surged to a new peak, reaching a record high as expectations of U.S. Federal Reserve rate cuts and mounting concerns over the central bank’s future bolstered the ongoing multi-year…