Gold continued its upward momentum on Thursday, pushing above the $4,200 mark as investors sought safety amid fresh concerns about the US economy and strong ongoing buying from major central banks. By 09:25 GMT, spot gold traded around $4,234.63 per ounce, marking another step in a rally that has lasted more than a week. Weak […]
Financial educator and Rich Dad, Poor Dad author Robert Kiyosaki has once again sparked debate with his latest market forecast — warning of an imminent financial crash while setting bold price targets for Bitcoin (BTC) and Ethereum (ETH). The bestselling author believes traditional markets, especially U.S. stocks, are dangerously overvalued and due for a sharp […]
Market Analysis – November 6 Gold (XAUUSD) recovers from key support with bullish momentum building. Gold’s price action is showing renewed upward strength as it rebounds from the $3,900 region, forming a constructive bullish outlook. The daily candles have moved back above the 9-day simple moving average near $3,976, signaling stronger buyer participation. Similarly, the […]
Market Analysis – October 30 Gold (XAUUSD) extends its upside drive as buyers regain traction. Gold remains firmly positioned within a bullish framework, with price action maintaining upward alignment across both short- and medium-term metrics. The 9-day Simple Moving Average (SMA) around $4,070 continues to guide near-term movement, serving as a pivot level for renewed […]
Silver price extended its decline on Monday, October 27, following renewed optimism about a potential US–China trade agreement and strength in the US dollar. On the Multi Commodity Exchange (MCX), December silver futures dropped to ₹146,241 per kilogram, a sharp 16% correction from this year’s record high of ₹170,415 per kilogram. Rising confidence in trade […]
Market Analysis – October 23 Gold (XAUUSD) maintains an uptrend structure with a strengthening bullish outlook. The market continues to show a firm upward trajectory, with technical indicators supporting sustained buying momentum. Price action remains above the 9-day moving average at approximately $4,190, reflecting persistent demand despite a brief consolidation phase. The MACD continues to […]
NEW YORK — U.S. stock markets experienced a pullback on Wednesday, with major indices retreating as investors reacted to mixed earnings reports and a significant drop in gold prices. The S&P 500 declined by 0.5%, remaining within 1% of its all-time high set earlier this month. The Dow Jones Industrial Average fell 334 points, or […]
Bitcoin (BTC) experienced a sudden and dramatic surge, climbing from below $109,000 to nearly $114,000 in just a few hours. The unexpected rally shook the cryptocurrency market, hitting high-leverage traders particularly hard and resulting in over $550 million in liquidations in a 24-hour period. Why Bitcoin’s Price Jumped Several factors contributed to Bitcoin’s rapid rebound. […]
Bitcoin Expected to Gain as U.S. Banks Face Renewed Pressure Bitcoin expected to gain as U.S. banks face renewed pressure. Several regional banks in the United States are showing fresh signs of weakness, sparking concerns that the 2023 banking crisis could return. Despite government support and mergers meant to restore confidence, analysts warn that growing […]
