DJIA39807.37
LIVE0(0.00%)
NDX18254.69
LIVE0(0.00%)

Wall Street and Main Street See Green Lights For Gold Prices This Week

Monday, 11 March 2024 12:18 WIB Gold Outlook Gold Corner

After last Friday’s all-time high for a weekly close, gold picked right up where it left off last week, setting multiple all-time highs in both the spot and futures markets despite Fed Chair Powell’s milquetoast Capitol Hill testimony and parallel all-time highs in equity markets and Bitcoin. Spot gold kicked off last week trading above $2,080 per ounce, and it never sniffed that level again as it spiked above $2,119 on Monday, $2,135 on Tuesday, $2,150 on Wednesday, and $2,162 on Thursday, before setting the new high-water mark of $2,195.23 shortly after noon EST on Friday. The latest Kitco News Weekly Gold Survey showed last week’s bullish sentiment has fully taken hold on Wall Street...

Read more...

Energy

Oil prices ticked up slightly on Monday following the widely expected extension of voluntary output cuts by the OPEC+ producer group on Sunday. Brent futures climbed 14 cents to $83.69 a barrel at

    Precious Metals

    Gold futures closed at the second record high in as many days on Thursday as buying momentum continues even as the dollar and treasury yields rise. Gold for June delivery closed up US$25.70 to

    CURRENCIES

    DISCLAIMER

    Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.