Gold Poised to Hit $3,000 with China Leading the Way

Gold prices have experienced a sharp decline this week, closing at $2413 on Friday before falling to a low of $2304.60 on Tuesday and rebounding slightly to $2317 today, Wednesday. However, the short-term behavior of the yellow metal suggests that the correction is over, and the price per ounce has now risen to $2340. Despite

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Gold Prices Stall in Tight Range, Eye Key US Economic Data

Gold prices edged higher on Wednesday but remained stuck in a narrow range as investors looked ahead to US economic data for more clarity on the Federal Reserve’s interest rate path. Investors’ focus this week will be on US GDP data due out on Thursday and the PCE report due out on Friday. Gold and

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