Tag: gold price up
-
Why gold price is going up (or down)?
In this article, we’ll review some of the biggest sources of supply and demand in the gold market today, with a discussion about the potential future or spot price of gold. First, let’s cover the upward pressures on gold prices. Pressures for the Gold Rate to Increase: Next, let’s cover pressures pushing the rate of…
-
Gold price one the rise as dollar holds firm on Fed taper bets.
Gold holds firm on Tuesday, finding support from rising geopolitical risks due to US President statement on Sunday saying that he would increase tariffs to Chinese goods and impose new tariffs to remaining Chinese imports. It was claimed that Chinese officials were considering cancelling the planned US visit to resume trade talks this week, however,…