Showing 1 - 6 of 6
All eyes on crucial Fed interest rate meeting
Business, Nuntawun Polkuamdee, Published on 18/03/2025
» The US Federal Open Market Committee (FOMC) meeting, scheduled for March 18-19, is expected to be a crucial indicator of the stock market's direction alongside precious metal prices, following spot gold's record high of US$3,004.86 per ounce on Friday.
Gold prices tipped to keep rising this week
Business, Nuntawun Polkuamdee, Published on 29/10/2024
» The Gold Research Center (GRC) expects gold prices to continue to rise this week, driven by three key supporting factors: the ongoing crisis in the Middle East, expectations surrounding the Bank of Japan's (BoJ) monetary policy meeting, and persistent weakness in US economic indicators.
Follow the yellow brick road
Nuntawun Polkuamdee, Published on 13/05/2024
» Gold prices were stagnant in early May, settling just above the US$2,300 threshold during the first weekend of the month, after briefing touching the lowest level since early April.
Analysts see Fed rate hike of 0.5%
Business, Nuntawun Polkuamdee, Published on 08/12/2022
» Analysts expect the Federal Reserve to raise interest rates by 0.5% in the middle of this month, putting pressure on stocks, gold and oil to continue their freefall.
The asset that never loses its sheen
Business, Nuntawun Polkuamdee, Published on 21/02/2022
» With a reputation as a safe-haven asset, gold has historically been perceived as a core risk diversification asset and an efficient tool to preserve and pass on wealth to the next generation.
Gold furthers record-high winning streak
Business, Nuntawun Polkuamdee, Published on 06/08/2020
» The price of domestic gold continues to reach all-time highs as prices quoted in US dollars surge past US$2,000 an ounce, with month-to-date online gold futures logging heavy trading volume.