XAUUSD GOLD VIEW BEFORE USA ELECTION 2024
XAUUSD GOLD VIEW BEFORE USA ELECTION 2024 gold has recently hitted its all time high and market is correcting itself and showing choppy movement it can retrace more till 2720 or 2700 but if the election results can give it a boost and it can reach nor or over 2800.
Buying gold jewellery? Here’s how the pricing works
Buying gold jewellery? Here’s how the pricing works If you’re thinking about buying gold jewellery as an investment, it’s not the best option. You’ve probably heard this before. The making charges and the gold wastage that occurs during the making of an ornament increase the overall cost, which you might not fully realize later if you decide to sell or exchange it in the future. Most people are aware of this. When there’s a chance to save some money, we usually find a way to figure it out. But let’s be honest: we Indians have a special love for gold ornaments, and there’s a good reason why India is one of the top gold-consuming countries in the world. Buying gold during the festive season has become a cultural tradition for many of us. In this post, I won’t dive into why other forms of gold are better investment avenues—you’ve probably heard all that before. Instead, I’ll focus on how the pricing of gold ornaments works. You should know what you are paying for and why you are paying when you purchase anything.
Why are global oil prices surging and what is the Long-term Market Outlook?
Why are global oil prices surging and what is the Long-term Market Outlook? Oil prices have jumped significantly, with Brent crude surging 2% to reach $74 per barrel. Meanwhile, West Texas Intermediate has climbed above $70. OPEC+ has strategically postponed its planned December output increase of 180,000 barrels per day by one month. Consequently, this decision aims to maintain market stability through controlled supply management. Furthermore, the alliance demonstrates caution amid growing concerns about market oversupply. Subsequently, their careful approach reflects the complex balance between market stability and global demand. The decision particularly impacts China, the world’s largest oil importer, which currently shows declining demand patterns.