Tag: gold market trends
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Gold Market Sees Surge in New Buyers Amid Profit-Taking Activities
Gold prices have been on a rollercoaster ride lately, with new investors flocking to buy while existing owners are cashing out on profits. In April, the market saw a surge in new gold buyers, marking the highest influx in over four years. This trend was further fueled by the record-breaking prices that gold has been…
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Gold Miners’ Stocks Surge as Gold Hits Record High Amid Trump’s Remarks
London-listed gold miners experienced a surge in their stock prices as the value of gold reached a record high, surpassing $3,500 per ounce. This spike was triggered by remarks from U.S. President Donald Trump criticizing Federal Reserve Chair Jerome Powell, leading investors to seek the safety of gold. PAYDIRT: Mining for Profits with Gold &…