Gold prices rose sharply this week, reaching an eight-month high and hitting $ 1,200.00 an ounce. Strong demand for gold as a safe haven was shown when global stock markets came under selling pressure again, starting the trading week.
The chart based on US consumer demand is as sharp as the current and near-term trend of gold prices. This has caused the US dollar index to weaken recently, which also works in favor of bulls in the precious metals market. Last year, gold reached $ 1197.00 an ounce in April.
American stocks experienced solid losses or were near their lows on Monday trading day. The decline in crude oil prices is again blamed for the weakening of the share price. Nymex crude oil prices traded just below $ 30.00 a barrel. In addition, some Asian markets, including China, were closed on Monday for the Lunar New Year holiday.
+38 (098) 875-40-48
|
|
|
Subscribe to news 
Metallurgy news
- 14 April 2025
14:24 Turkish exporters must take into account the EU trade adjustments - 07 April 2025
12:11 World markets in free fall, since Trump deepens into a tariff medicine - 29 March 2025
15:33 WorldSteel: World production steel decreased - 26 March 2025
16:47 Electrolux sets the goal of using processed steel - 23 March 2025
13:47 British steel-steelers were faced with the abolition of orders due to American duties on steel 13:43 Trade with the EU: Turkey leads steel exports in 2024 - 11 March 2025
13:29 The American company produces pure hydrogen using waste gases from steel production - 26 February 2025
12:03 What awaits the metallurgy of Ukraine in 2025?
Publications
15.04 UZD Legend - the above method of the diagnostic 13.04 Selection of dishes from the iPosuda store 13.04 Yak viblya aerodromnі Plit: technology that standard is an an an an an anema 13.04 Novorichni Solodki Podarunki for Shkil: Traditional, Ida Tu Tarashnya 10.04 How to avoid scammers: Rules for safe currency exchange in Kharkov
