Latest News for: Gold consumers

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Price of Gold Fundamental Daily Forecast – Hawkish Fed Officials’ Comments Dampen Gold’s Investment Appeal

FX Empire 11 Aug 2022
At 06.29 GMT, December Comex gold futures are trading $1801.70, down $12.00 or -0.66% ... Hawkish Fed Officials Dampen Gold’s Investment Appeal ... consumer prices did not rise in July due to a sharp drop in the cost of gasoline, lifting hopes that the Fed would be less aggressive on its tightening plans going forward, Gold prices fell on Wednesday.
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Gold retreats as Fed officials hint at big rate hikes

The Times of India 11 Aug 2022
Gold prices slipped on Thursday, as the dollar and Treasury yields rebounded after comments from Federal Reserve officials pointed to aggressive interest rate hikes despite signs of slowing U.S ... * Spot gold fell 0.2% to $1,788.07 per ounce, as of 0123 GMT, after hitting its highest since July 5 at $1,807.79 on Wednesday.
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Convenience stores offer unconventional products for Chuseok

Korea Times 11 Aug 2022
Convenience stores are introducing rather unconventional products and services to attract consumers ahead of Chuseok, the traditional mid-autumn holiday, on Sept ... The company targets consumers who wish to try out living in Jeju for a month. A Gold medal gift set for Chuseok offered by Emart 24 / Courtesy of Emart.
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Price of Gold Fundamental Daily Forecast – Headline Inflation Expected to Ease, Core Inflation Elevated

FX Empire 10 Aug 2022
Gold futures are inching lower early Wednesday shortly before the release of the key U.S. consumer inflation report at 12.30 GMT ... At 06.02 GMT, December Comex gold futures are trading $1804.40, down $7.90 or -0.44%. On Tuesday, the SPDR Gold Shares ETF (GLD) settled at $167.18, up $0.49 or +0.29% ... This would be bearish for gold prices.
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PatientPoint Dominates National Health Information Awards With 93 Content Accolades

Victoria Advocate 10 Aug 2022
With 93 total NHIA honors for 2022 including 24 Gold awards, PatientPoint's total content award count ... The NHIAs are the most comprehensive consumer health publishing competition of its kind and have remained the gold standard in consumer health information for nearly 30 years.
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Gold prices end modestly higher Wednesday after U.S. inflation surge shows signs of slowing

Market Watch 10 Aug 2022
December gold GCZ22, -0.08% [s.gc00] rose $1.40, or about 0.1%, settling at $1,813.70 an ounce on Comex, after the ...
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WTI Gains $1.0 on Soft US CPI Figures; Gold Fails to Hold Above $1,800 as ...

FX Empire 10 Aug 2022
Copper and gold both hit new one-month highs, though gold eventually turned lower, weighed amid risk-on flows ... Copper Rallies Into Mid-$3.60s, Gold Unable to Hold Above $1,800 Amid Risk-on Flows ... China is the world’s largest copper consumer ... However, gold prices were unable to hold ...
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Daily Gold News: Wednesday, August 10 – Gold Goes Sideways Ahead of Inflation Data

FX Empire 10 Aug 2022
Gold Price Recap. The gold gained 0.39% on Tuesday, August 9, as it extended a short-term consolidation along the $1,800 price level ... Gold is 0.1% lower this morning, as it is extending a consolidation ahead of the Consumer Inflation number release.
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Bitcoin is the Best Distraction From the Current Financial Collapse, Says Franklin’s CEO

CryptoPotato 10 Aug 2022
In a recent interview, Jenny Johnson described the ongoing economic situation as “the best disruption I see occurring to monetary providers at present.” In her view, bitcoin (described by many as a hedge against inflation and even digital gold) could distract consumers from the issues ... Jenny Johnson, Source. CityWire The Disaster Itself ... .
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Gold Price Futures (GC) Technical Analysis – Reaction to Retracement Zone at $1798.50 – $1822.60 ...

FX Empire 09 Aug 2022
Gold futures are edging higher at the mid-session on Tuesday, supported by a weaker U.S ... consumer inflation report that could further boost the chances of a supersized rate hike on September 21. At 15.47 GMT, December Comex gold futures are trading $1811.30, up $6.10 or +0.34%. The SPDR Gold Shares ETF (GLD) is at $167.30, up $0.61 or +0.37%.
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Gifting Gold on Raksha Bandhan: Is it a good idea?

Financial Express 09 Aug 2022
This Raksha Bandhan, you may renew the vow of protecting your sister through a gift of gold ... Gold is Good ... “Retail demand saw marginal improvement during the third week of the month due to a correction in the domestic gold price, however, consumers held back purchases in expectation of a further correction to come,” WGC said in a report.
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WTI Chops in Low $90s With Druzhba Pipeline/Iran News in Focus; Copper/Gold Hit One-Month Highs

FX Empire 09 Aug 2022
Copper and Gold both managed to print new one-month highs, the latter briefly rising above $1,800. Metals traders will be monitoring upcoming US Consumer Price Index data on Wednesday ... Copper, Gold Hit New One-month Highs ... China is the world’s largest consumer of the red metal.
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Gold-to-Silver Ratio Heading Lower – Setup Like 1989-03

FX Empire 09 Aug 2022
This fear is showing up in the Gold-to-Silver ratio as well. My research suggests the closest comparison to the current Gold/Silver setup may be found by looking at the early 2000~2003 US markets ... Gold-To-Silver Ratio Peaks Above 1.2 During COVID crisis. Over the past 5 years, Gold consolidated from 2017 through the COVID Virus event.
photo: Creative Commons / Marco Verch
Bitcoin in Greece
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Bitcoin’s Third Attempt to Take 24,000

FX Empire 09 Aug 2022
Market picture. Bitcoin rose 3.5% to $24,100 on Monday and retreated slightly from the highs to 23900 on Tuesday morning. Ethereum is trading near $1780, adding 3.5% in the last 24 hours ... The World Gold Council said integrating blockchain into the gold industry’s production processes could increase transaction transparency and consumer confidence ... ....
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SZ raises curtain on shopping festival, offers �2B in discounts

Shenzhen Daily 09 Aug 2022
During the shopping spree, consumers will find three distinguished themes each month ... Fashion Consumption Month in September highlights consumer electronics, apparel, gold and jewelry, watches and glasses, cosmetics, sports products, as well as tea and beverages.

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