Tag: silver prices
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Gold Surges to Record Highs Above $3300 Amid Dollar Decline
Gold prices soared to new all-time highs, surpassing $3300 per Troy ounce in London’s bullion market, driven by a weakening Dollar and escalating US-China trade tensions. The Dollar’s decline and global stock market volatility coincided with gold’s 8.5% surge in a week, marking a 22.0% increase since Donald Trump’s second inauguration. CHOW SANG SANG 999.9…
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Gold and Silver Shine as Platinum and Palladium Face Challenges in 2025
Precious metals play a crucial role in the global economy, with gold, silver, platinum, and palladium being among the most sought-after assets. While gold and silver are known for their financial applications, platinum and palladium are valued for their industrial uses. The trading of these metals takes place on various exchanges, such as the Chicago…
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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 Hit Record Highs Amid Market Volatility and Trade Uncertainty
Gold bullion prices soared to new heights, breaking all-time records in both the US Dollar and UK Pound markets. This surge came alongside a significant rebound in Asian and European stock markets, while US equities experienced a downturn. The tech-heavy Nasdaq index saw a sharp reversal, erasing nearly half of its previous impressive rally, following…