Tag Archives: Precious metals
Focus on XAGUSD today – 9th May 2024
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In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the XAGUSD for 9th May 2024. Key Takeaways Technical Analysis Daily Chart Insights 4-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Surge in Precious Metal Demand Boost Platinum to Six-Month High
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Precious Metal Demand Surges, Boosting Platinum to Six-Month High In recent market movements, platinum futures have surged to impressive levels, breaking the $950 barrier and attaining near six-month highs. This upswing is attributed to a combination of factors, including a weaker dollar and optimistic economic outlook. In this article, we delve into the dynamics influencing […]
Strategic Hedging Fuels Surge in Precious Metals Trading
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Gold Surges Past $2,000 Driven by Geopolitical Tensions Israeli forces have begun their largest ground attack in Gaza so far in the war with Hamas, despite ongoing diplomatic efforts to delay an expected full ground invasion. Fueled by hedge buying, Gold raised above $2,000 an ounce and marked the third straight weekly gain. Gold is […]