The gold-silver ratio is skewed, indicating silver’s undervaluation compared to gold, despite silver being rarer than commonly perceived. Geological Insights: Silver and Gold Geological estimates suggest there are approximately 19 ounces of silver for every ounce of gold in the earth’s crust. Historically, this ratio drops to around 11.2 ounces of silver per ounce of […]
Gold maintained stability on Monday, pausing its upward momentum after a strong rally last week, as traders awaited U.S. inflation data to gain insight into the Federal Reserve’s potential interest rate adjustments. At 9:32 a.m. ET (1332 GMT), spot gold remained stable at $2,179.69 per ounce, following a record high of $2,194.99 reached on Friday, […]
The February Consumer Price Index (CPI) report is scheduled for release on March 12, with subsequent reports on US retail sales and the Producer Price Index slated for March 14. In the coming week, Wall Street investors will closely monitor inflation data alongside other economic reports, which may offer insights into the US Federal Reserve’s […]
Market Analysis- March 5th Gold (XAUUSD) trades with uncertainty as bullish strength drops. The price of gold has experienced a pullback below the significant level of 2040.760. This has halted the bullish trend for several days. With the buyers struggling to push past this key level, it poses a significant challenge for them to continue […]
Market Analysis – Feb 24th Gold (XAUUSD) price flips to the sell position. The sellers have gained strength, causing a shift in the direction of the gold price. After reaching the market level of 2035.960, the gold price has stopped moving in a bullish direction. This halt in momentum indicates a potential shift in market […]
Market Analysis – February 15th Gold (XAUUSD) faces a drawback as selling influence grows. The gold market has been experiencing a significant downturn as selling pressure intensifies. This week, the yellow metal has been a spectacle of downfall. Recently, buyers have seemingly given up on their attempts to push the price higher. Gold (XAUUSD) Important […]
Saudi Arabia witnesses a rise in stocks following Sunday’s close, with the Industrial Investment, Transport, and Real Estate Development sectors leading the surge. At the close of trading in Saudi Arabia, the Tadawul All Share index increased by 0.05%. Among the top performers of the session on the Tadawul All Share were Etihad Atheeb Telecommunication […]
Market Analysis – February 10th Gold (XAUUSD) Struggles to Find Bullish Momentum. The market has been holding around the significant level of 2039.190, with buyers facing resistance. Despite their efforts, gold is currently in a consolidation phase, lacking progress. Buyers have been lacking the necessary strength to push through in the gold market. Gold (XAUUSD) […]
Market Analysis – February 1st Gold is eyeing a stronger trend amid a slow impulse. Gold continues to show potential for a stronger trend as the yellow metal quietly spreads out and seeks a stronger purge. Despite selling influences, the buyers have demonstrated strong resilience this week. This is evident in their pursuit of higher […]
