📰 September Support News
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August 9, 2023
Weak China trade data, downgrade of some US banks dampen gold demand
August 8, 2023
Analysts say the current price is ideal for investment in gold and silver as the festival and marriage season demand is expected to pick up soon
August 7, 2023
Analysts say the increase in oil prices after major producing countries extended supply cuts was aiding gold, but the downgrade of China was putting pressure on the metal
August 4, 2023
Experts say they expect short covering after Thursday's correction
August 3, 2023
For the yellow metal, Fitch's rating downgrade of the US is a positive, but robust economic data there has heightened fears of further rate hikes
July 31, 2023
Analysts say that geopolitical factors and higher crude oil prices are positives for gold
July 27, 2023
Analysts see positive cues for bullion from the US Fed's refusal to indicate further rate hikes
July 25, 2023
Experts say markets have discounted a 25-bps rate hike from the US Fed and the ECB
July 24, 2023
Analysts see a positive week for both gold and silver
July 21, 2023
Analysts say the focus will now shift to retail sales data from the UK