GOLD NEWS OF COMMODITY MARKET LIVE UPDATE BY THEPROFITGROWTH.COMGET FOR DAILY LATEST NEWS & BIG LEVEL PROFIT TO CONTACT US : 7037171600

Gold gains as Middle East tensions lift safe-haven appeal.

Gold prices climbed on Thursday as concerns about the Middle East war extending to other regions boosted demand for the safe-haven metal.

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BREAKING GOLD NEWS UPDATE BY THEPROFITGROWTH.COMGET FOR DAILY LATEST NEWS & BIG LEVEL PROFIT TO CONTACT US : 7037171600

Gold edges higher as Middle East tensions lift safe-haven appetite…

Gold prices ticked up on Tuesday, hovering near record-high levels, as fears of escalating tensions in the Middle East drove investors towards the safe-haven metal.

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15-04-2024 RESISTANCE & SUPPORT BY THE COMMODITY INDIA, GET INTRADAY PROFITABLE CALLS BY WWW.THECOMMODITYINDIA.CO

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CommodityResistanceSupport
Gold 7246071226
Silver8377681849
Crude Oil7290.57083.5
Natural Gas150.8146.2
Copper830.6810.5
Zinc249.2243.2

GOLD NEWS OF COMMODITY MARKET LIVE UPDATE BY THEPROFITGROWTH.COMGET FOR DAILY LATEST NEWS & BIG LEVEL PROFIT TO CONTACT US : 7037171600

Gold flat as sticky US inflation tempers hopes for early rate cut..

Gold prices were little changed on Thursday, as the U.S. dollar and Treasury yields firmed after hotter-than-expected inflation data tempered hopes for an early interest rate cut.

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BREAKING COPPER NEWS UPDATE BY THEPROFITGROWTH.COMGET FOR DAILY LATEST NEWS & BIG LEVEL PROFIT TO CONTACT US : 7037171600

Copper Rose Benefits From Momentum-Following Funds, Strong German Industrial Data..

Copper experienced a robust increase of 1.83%, settling at 816.05, driven by demand from momentum-following funds, strong German industrial data, and a rally in other commodities. The surge in copper prices was supported by positive manufacturing data from China, expectations of interest rate cuts in the US and Europe, and elevated sentiment towards commodities in general..

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Does the gold rally have more steam left?

Gold has seen a phenomenal rally over the last couple of months. Between 12th February 2024 and now, gold has risen 17%. During the same period S&P 500 is up 3.6%, DXY is almost flat and US 2Y yield has risen from 4.47% to 4.75% i.e. 28bps.

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Oil prices slide nearly 2% as Israel-Hamas tensions ease..

Oil prices fell sharply in early Asian trade on Monday after Israel withdrew soldiers from parts of Gaza and committed to renewed dialogue over a potential ceasefire with Hamas.

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The gold market hunts for answers behind bullion’s sudden surge..

Gold’s scorching run to an all-time high may seem easy to explain from a distance, given the fractious geopolitical climate and murky outlook for the global economy. The precious metal is famously seen as a “safe haven,” and the general view is that bullion prices should rise when interest rates fall — which many investors expect will happen later..

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