GOLD

More news
Gold

Gold Rate Today: JPMorgan and Deutsche Bank Signal Major Gold Buying Opportunity After 11% Crash

JPMorgan and Deutsche Bank see gold's 11 per cent crash on the Warsh Fed announcement as a prime buying opportunity, raising price targets to $6,300 and $6,000 per ounce respectively. Despite Friday's worst single-day decline in a decade, both Wall Street giants cite robust central bank demand and structural diversification trends as drivers for substantial upside in 2026.
Gold broke above $4,000 for the first time on Wednesday

Why is Gold Down? Prices Sharply Drop After Record Rally as Dollar Strengthens

Gold prices dropped sharply on Tuesday, snapping a record-setting rally as investors booked profits and the U.S. dollar regained strength. Spot gold fell nearly 5% in its steepest one-day slide since 2020, cooling off after months of surging gains that had pushed the metal to all-time highs above $4,300 an ounce, according to Reuters.

Pages

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • Next

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.