Gold News

Why gold is moving in a bullish wave right now?

Gold has rebounded markedly since the Federal Reserve’s decision to raise interest rates mid-month, in addition to confirming the possibility of accelerating the pace of raising, which raises a question about the logical extent of the trend of precious metal prices, according to a Bloomberg report. Previous facts – Some explain that high interest rates […]

Gold News

Gold falls after rising by weak US data

Gold price fell on Wednesday to lose momentum due to profit taking after rising in the previous session thanks to US data weakened the possibility of raising interest rates soon. And slowed the US service sector activity to its lowest level in six and a half years in August amid sharp declines in production supply […]