Gold’s glitter will likely continue in 2025 on favourable macro background Foreign reserve diversification, geopolitical tensions will create positive impact, say analysts By Subramani Ra Mancombu ...

Consider these facts dulling gold’s glitter. Its appeal parallels its 11.2-per-cent rise in Canadian dollars through mid-May in 2023, pushing it back to near US$2,000 per ounce.

The price of gold, by contrast, is up 12%, while the S&P 500 has gained around 1.7%. That dynamic marks a change from recent years, when shares of miners typically trailed the gold price.

Wall Street’s gold bugs think prices will climb even higher in 2025. Prices for the precious metal are up 27% in 2024 to $2,617.20 a troy ounce.

August gold futures on the New York Mercantile Exchange climbed 0.3%, settling at $2454.80 a troy ounce, its second-highest closing high. Prices reached as high as $2,487.40 earlier in the session.

Indians’ love of gold is legendary, and deeply ingrained in Hindu mythology. As the legend goes, a fortune teller cursed the 16-year-old son of King Hima, saying he would die of a snakebite on ...

At that point, the “me too” investor will learn a difficult lesson: all that is gold does not glitter. Since the 1830s, the price of gold has effectively tracked inflation.

Gold prices topped $1,500 an ounce last week. This only days after reports emerged that the Texas public university system endowment, the nation's second-largest only to Harvard, now owns $1 ...

Gold prices soared 30% this year, reaching an all-time high of $3,500.05/ounce. But recent dip in prices may signal a temporary loss of momentum.

Coming to more recent trends, gold has regained a lot of its glitter in the last three of four years. After having touched a low of $252.50, it rallied back to $327.50 in October 1999.

Gold will continue to glitter in new year, likely to touch ₹63,000 per 10 gram In 2020, the economic and social uncertainties triggered by the coronavirus pandemic turned the spotlight on gold ...

With experts assuming that gold would break the $2000/oz resistance and even rise through to $2500/oz in 2012, it’s rather surprising that gold is instead in a corrective mode, trending between ...