Money & Investing
Gold price skyrockets to nearly 4,100 USD/ounce despite pressure
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Gold prices are testing resistance at nearly $4,100 an ounce as investment demand continues to support high prices.
Gold price update on the morning of November 25: Sudden skyrocketing
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Gold price update on the morning of November 25: World gold suddenly increased sharply. The domestic gold market may reverse to increase as a new trading session opens.
Gold prices struggle, expectations of FED interest rate cuts make up for the strength of USD
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Gold prices struggled as growing expectations of a Fed rate cut next month helped offset pressure from a strong US dollar.
Updated gold price at the end of the session on November 24: Gold rings decreased slightly
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Updated gold price at the end of the session on November 24: While SJC gold bars moved sideways, plain gold rings decreased slightly.
What we see from the long lines of people lining up to buy when the price of gold increases
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Long lines of people lining up to buy despite the skyrocketing gold price not only reflect the price fever, but also the imbalance of the market.