Author: Dmitriy Gurkovskiy

  • Gold Hits New Record High Amid Favourable Factors

    Gold Hits New Record High Amid Favourable Factors

    By RoboForex Analytical Department Gold’s price soared to a new record high on Monday, stabilising around 2344.00 USD per troy ounce. A confluence of factors is currently bolstering the precious metal’s value. Geopolitical tensions in the Middle East are a significant driver, positioning gold as a preferred “safe-haven” investment. Additionally, central banks worldwide are increasing…

  • Gold’s Prospects Look Promising

    Gold’s Prospects Look Promising

    By RoboForex Analytical Department Gold prices have stabilized around $2170.00 per troy ounce after two days of decline. Investors are taking a pause ahead of an important US inflation indicator report due this week, which could provide insights into the future direction of the Federal Reserve’s monetary policy. The Core PCE index data, an inflation…