Gold rises toward a record high – ING
Source Fxstreet
Gold is higher at the Monday open, getting closer to a fresh all-time high, with rising tensions in the Middle East fuelling haven demand, ING’s commodity analysts Warren Patterson and Ewa Manthey note.
Gold is still $50 below a record of $3,500.10
"Friday saw prices jumping 1.4%. Gold is still $50 below a record of $3,500.10/oz reached in April. If the conflict in the Middle East escalates in the coming days, new highs are likely in sight for gold. Gold has rallied more than 30% this year, driven by US President Donald Trump’s trade policies, geopolitical tensions and demand from central banks."
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
In a recent CryptoQuant Quicktake post, contributor Crazzyblockk highlighted key Bitcoin (BTC) cost basis zones that the leading cryptocurrency must clear – or avoid breaking below – to
Ethereum price started a fresh increase above the $2,450 zone. ETH is now correcting gains from $2,520 and might slip to test the $2,320 zone. Ethereum started a fresh upward move above the $2,350
A cryptocurrency analyst has pointed out how Pudgy Penguins (PENGU) is starting to look similar to Pepe (PEPE) did before its explosion. Pudgy Penguins May Be Following A Similar Path As PEPE In a
Solana started a recovery wave above the $150 zone. SOL price is now correcting gains and might struggle to rise above the $155 resistance. SOL price started a fresh decline after it failed to clear
Vincent Van Code, a software engineer and long-time XRP advocate, ignited fresh debate across the crypto community by outlining what he believes to be the transformative implications of Ripple’s
Related Instrument
