Keywords: Gold demand
Gold prices fell sharply on Thursday, dropping below the $5,000 per ounce mark as a stronger US dollar and cautious signals from Federal Reserve officials dampened investor enthusiasm for the precious metal. Spot gold traded between $4,835 and $4,920 during the session, marking a decline of more than......
UBS has boosted its gold price target to $6,200 per ounce for March, June, and September 2026, up from $5,000, citing stronger-than-expected demand driven by surging investment flows and central bank purchases. The upgrade comes as spot gold surged to a record $5,594.82 on Thursday, extending a stunning......
Global gold demand is set to reach unprecedented levels in 2024, driven by a mix of economic uncertainties, increasing geopolitical tensions, and a surge in gold purchases by central banks. According to the World Gold Council’s annual report, total gold demand is expected to hit 4,974 tons in 2024,......
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