29

2023-03

What is the difference between paper gold and physical gold?

Generally speaking, the buying and selling of physical gold is based on the bid–ask spread.

21

2023-03

Gold Plummets Over $40 After Breaking $2,000—Could the Fed Once Again Step In to Bail Out Bulls?

According to 24K99, as investors seek safe-haven assets to shield themselves from what is being described as the largest global banking crisis since the 2008 financial crisis, the gold market is once again aiming for a sustained breakout above $2,000.

21

2023-03

Risk-Aversion Sentiment Rises; Gold Assets Likely to Trade Higher Amid Volatility

Since March 8, the gold market has staged a robust rally, driving up the performance of precious-metals-themed funds. Institutional analysts believe that central banks around the world will continue to increase their gold holdings, which could inject fresh momentum into gold assets.

06

2023-02

Nonfarm Payrolls Ignite the Market; U.S. Gold Futures Show Short-Term Bullish Bias

Today is Monday, February 6. The front-month U.S. gold contract opened at $1,878.00 per ounce, compared with yesterday’s close of $1,877.70. Spot gold opened at $1,860.74 per ounce, versus yesterday’s close of $1,865.63; as of 11:57 Beijing time, the front-month U.S. gold contract was trading at $1,888.60 per ounce, up 0.58%, while spot gold was quoted at $1,875.89 per ounce, up 0.56%.

06

2023-02

On February 6, the most active Shanghai gold contract opened at RMB 419.34 per gram, while the Gold TD contract opened at RMB 418.50 per gram.

On February 6, the main Shanghai gold contract opened at RMB 419.34 per gram, while the gold TD contract opened at RMB 418.50 per gram.

10

2022-03

Spot gold hits a 19-month high, with three key factors expected to continue driving investor risk aversion.

During negotiations held in Belarus, the parties made a third attempt to ease the bloody conflict; however, negotiators cautioned against expecting the next round of talks to yield a final outcome.