Gold Price Surges 4% Past US$4,500, Holds Near Two-Month High
5 Articles
5 Articles
JPMorgan’s Q4 Gold Target Was Just Crossed: Is $5,000 Next?
Spot gold traded just under $4,500 an ounce on Thursday, close to a two-month high. Prices touched $4,525 earlier in the session after gaining more than 4% on Wednesday. JPMorgan's near-term target for gold in the fourth quarter of 2026 is $4,500 per ounce, a downward revision from its earlier...
Gold stays near $4,500 as markets weigh US debt, rates and a weaker dollar - Business News LK
Gold is holding near $4,500 an ounce as markets weigh a weaker US dollar, lower Treasury yields and growing concerns about US government debt. Spot gold stood at $4,512.19 an ounce as of 0031 GMT on Thursday, after reaching $4,525.79. That was its highest level since June 2. Gold had jumped more than 4% on Wednesday. US gold futures for December delivery also rose 0.6% to $4,569.80 an ounce. Why gold is holding up The latest move in gold came af…
World oil prices rose to their highest level in nearly four weeks, while gold prices increased by almost $150 per ounce during the morning trading session on August 20.
(Dan Tri Newspaper) - Last night, world gold prices surged by $150/ounce, surpassing the $4,500/ounce mark and are now higher than the price of SJC gold.
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
