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Is gold magnetic?
- September 27, 2024
- Posted by: Agbaje Feyisayo
- Category: Gold, Precious Metal
No CommentsMany people ask, is gold magnetic? Various videos or posts state that gold is magnetic, while others say it is not. We need to analyze magnetic properties to understand what happens with gold. But if you’re wondering if gold is magnetic, the answer is no; the precious metal gold is not magnetic. Attraction won’t occur if you hold
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Gold reaches another new record high
Gold surged to new record highs on Thursday, 26th of September, 2024, trading above previous peaks and reaching the $2,680s per troy ounce. This impressive rally is driven by several key factors, including falling global interest rates, escalating geopolitical tensions in the Middle East, and a weaker U.S. dollar fueled by rising expectations that the
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Why is Gold Valuable?
Gold has captivated humanity for thousands of years, symbolizing wealth, power, and beauty. But what is it about this precious metal that makes it so valuable? This comprehensive article will explore the reasons behind gold’s enduring value, delve into its unique properties, and discuss the benefits of investing in gold. By understanding the history and
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How high is gold going to go?
- September 25, 2024
- Posted by: Agbaje Feyisayo
- Category: Gold
Gold has long been seen as a haven during economic uncertainty, geopolitical tensions, and market volatility. Its price trajectory has captivated investors, economists, and market analysts in recent years, leading many to wonder how high gold can go in the coming months and years.  What are the factors driving gold prices up?  A complex web
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Gold Price Historical Chart
- September 23, 2024
- Posted by: Mehul Dedhia
- Category: Gold
As a commodity investor, especially in gold, it’s not enough to buy and hoard bars and billions of gold. What makes an excellent gold investor or trader is keeping up with gold trends and price charts to know the right time to sell and factors to consider when buying gold The fluctuations in the price
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Offshore Gold Storage
Offshore gold storage has become increasingly popular for individuals and institutional investors seeking to diversify their wealth and protect their assets. By storing gold in foreign vaults, investors can benefit from enhanced privacy, security, and protection from political or economic instability in their home countries. This article will cover offshore gold storage, exploring why it’s
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Are Gold Coins a Good Investment?
Gold coins have long been considered a symbol of wealth and prosperity, and over the years, they have gained prominence as a viable investment option. Many investors look to gold coins to diversify their portfolios, preserve wealth, and protect themselves against economic uncertainties. But is investing in gold coins truly a good decision? To answer
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Silver soars 4.5% as gold reaches new heights
Gold futures edged closer to a significant milestone on Thursday, 12th of September, 2024, as the price came within $15 of reaching $2,600 per ounce, underscoring the continuing rally of the precious metal in the market. Silver also joined the upward trend, marking a significant rise alongside gold. Gold settled at $2,587.30 per ounce, hitting
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Gold Prices Breakout: What it Means for Investors
The recent surge in gold prices has captured the attention of investors and market analysts alike. With the December gold futures contract reaching a notable $2,587.60 per ounce, just shy of the $2,600 milestone, the breakout is being hailed as a bullish signal for the gold market. This article delves into the implications of this
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Gold prices forecast to climb to record high
Gold prices have surged to remarkable heights this year, breaking records and showing potential for continued growth into early 2025. A combination of favorable economic conditions, central bank buying, and geopolitical uncertainties have driven the rise. After reaching more than $2,500 per troy ounce in August, analysts predict the precious metal could soar to $2,700
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