Tag: precious metals market
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Platinum Poised for Potential Rally in 2025 Amid Favorable Market Conditions
Platinum, a precious metal that has been in a lackluster trading pattern, is showing signs of potential rally in 2025. The price of platinum has been hovering around the $1,000 mark, disappointing investors and traders alike. However, there are indications that a breakout from this rangebound movement could trigger a significant surge in platinum prices.…
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Gold and Silver Prices React to Trump Tariffs, Trade Uncertainties
Gold prices took a significant hit alongside a sharp decline in silver prices as US President Trump unveiled extensive trade tariffs. The announcement, which exempted ‘bullion,’ led to a notable convergence in price differentials between New York Comex futures and London bullion markets. CHOW SANG SANG 999.9 24K Solid Gold Chinese Gifting Collection New Year…
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Gold Prices Rise Against Weaker Dollar; Platinum and Palladium Surge
Gold prices saw a modest rise on Monday against a weaker US Dollar, with silver holding steady while platinum and palladium prices surged. This spike marked the second consecutive session of significant gains for palladium, while Tokyo hinted at potential intervention in the currency market, keeping a close eye on the Japanese Yen’s performance. Arlec…