Skip to content Skip to sidebar Skip to footer

Gold Hits Record High as Metal Prices Surge Amid Central Bank Stimulus

Metal prices surged, with gold reaching a new record and silver briefly hitting a 12-year high following central banks' easing policies. Copper also experienced a price rally amid China's additional stimulus measures. However, the price rise may not end here. Metal prices surged, with gold reaching a new record high and silver briefly hitting a…

ByPexecoSeptember 29, 20240Comments

Commodities

Gold Hits Record High as Lower Rate Expectations Boost Safe-Haven Demand

Gold prices have reached a new all-time high, driven by expectations of a lower interest rate environment and increasing demand for safe-haven assets. In contrast, base metals such as copper remain weak, largely due to sluggish economic growth in major economies, particularly from China. Both spot gold and futures prices surged to a new record…

ByPexecoAugust 19, 20240Comments

Commodities

Crude Oil and Gold Prices Surge Amid Escalating Middle East Tensions

Crude oil and gold prices surged due to escalating tensions in the Middle East and the ongoing conflict between Ukraine and Russia. While increasing demand for safe-haven assets is likely to sustain gold prices, the bullish momentum in oil markets may also persist due to concerns over undersupply. Recently, both oil and gold prices surged…

ByPexecoAugust 13, 20240Comments

News

European markets and Wall Street mixed after Monday’s sell-off

European markets opened higher on Tuesday morning but went back in the red by the afternoon as Wall Street started Tuesday's trading session in the green. European markets opened higher on Tuesday with Germany's DAX, France's CAC 40 and London's FTSE 100 all in the green after a massive sell-off on Monday. However, by the afternoon, all…

ByPexecoAugust 6, 20240Comments

News

Global Markets Plunge as US Recession Fears Intensify

Fears of a US recession are driving global market sell-offs. Equities dropped sharply, the dollar weakened, and bonds and the yen strengthened. Global financial markets are witnessing a wave of risk aversion, intensifying dynamics that had already begun to emerge late last week when disappointing US economic data sparked fears of a recession in the…

ByPexecoAugust 5, 20240Comments

News

Global stocks plunge after tech-driven sell off and US growth fears

The global sell-off on stock markets deepened as US jobless figures hit a three-year high. The unemployment rate rose to 4.3%, up from 4.1% and its highest level since October 2021. Global stock markets were in a sea of red on Friday as risk-off sentiment prevails following the Bank of Japan's (BOJ) rate hike, coupled…

ByPexecoAugust 3, 20240Comments

European Central Bank ready to cut?

Oil prices are uncertain as to which direction to take

ECB June cut in the works?

Gold Outlook: Petraces from all-time highs

Germany’s HICP rates in sight

Equities report: Equities send out mixed signals

Gold Hits Record High as Metal Prices Surge Amid Central Bank Stimulus

Gold Hits Record High as Lower Rate Expectations Boost Safe-Haven Demand

Crude Oil and Gold Prices Surge Amid Escalating Middle East Tensions

European markets and Wall Street mixed after Monday’s sell-off

Global Markets Plunge as US Recession Fears Intensify

Global stocks plunge after tech-driven sell off and US growth fears