Gold price
Decoding the increase in the USD and gold prices
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A strong US dollar is one of the factors that increase gold prices.
IMF warns about gold and USD prices
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The IMF said that some countries are reassessing their dependence on the US dollar as well as gold reserves amid rising gold prices.
World gold price has reached a record high and is expected to increase further
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World gold prices continuously recorded new records throughout the beginning of 2024 due to geopolitical, economic and political factors. Experts and forecasters have had to adjust their gold price forecasts as only 1/4 of the year has passed, according to Scottsdale Bullion & Coin.
The West loses control of gold prices
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The gold price fixing in the gold market has long been dominated by Western money moving to the East.
Reasons for record high world gold prices
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World gold prices continue to increase and hit a new record peak on April 1. This gold price movement was driven by expectations of a US interest rate cut and the attractiveness of gold as a safe-haven asset.
Gold prices are at a record high, should you buy immediately or wait for the price to decrease?
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World gold prices hit a record high in early March, at $2,160/ounce. Gold prices then continued to break records, rising to $2,204 on March 20, according to American Hartford Gold.
World gold price fluctuates over the past 20 years
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The world gold price is at an all-time high of more than 2,100 USD/ounce on March 8, 2024, raising the increase since the beginning of the year to over 5% and raising the increase in the past 12 months to 19%.
Reasons for record high gold prices but the world is still rushing to buy
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Record high gold prices are unlikely to reduce the attractiveness of gold as the Asian election year approaches and global geopolitical tensions increase.
Gold and Bitcoin lead the rebellion against the USD
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Gold and Bitcoin prices hit a record high before a "resistance" against the USD.
Forecast of gold price fluctuations next week
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Gold prices next week depend on US Treasury bond interest rates, according to analysts.
US Bank reveals gold price prospects in 2023
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The world gold price ended 2022 at the region of 1,800 USD/ounce firmly and is predicted to continue to shine in the new year 2023.