World gold prices went down as the market increasingly lowered e
World gold prices went down as the market increasingly lowered expectations that the US would cut interest rates. On the other hand, the need to safely hide capital in precious metals has also gradually decreased as the Iran-Israel conflict has calmed down.
Any major stable addresses continue to support gold and any escalation would take prices up to $2,500 an ounce. This precious metal will only stop if central banks continuously buy or return to investing in risky assets.
World gold prices are forecast to increase sharply at any time if the Middle East becomes more unstable. On the other hand, precious metal products are also being slowed down thanks to a rising USD on a global scale. A strong USD puts pressure on gold, thereby restraining the rise of this metal commodity.
Any major stable addresses continue to support gold and any escalation would take prices up to $2,500 an ounce. This precious metal will only stop if central banks continuously buy or return to investing in risky assets.
World gold prices are forecast to increase sharply at any time if the Middle East becomes more unstable. On the other hand, precious metal products are also being slowed down thanks to a rising USD on a global scale. A strong USD puts pressure on gold, thereby restraining the rise of this metal commodity.
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