Gold prices rise as markets prepare for the outcome of the US elections

Gold prices rise as markets prepare for the outcome of the US elections

Gold prices rose on Tuesday as investors braced for political tension after polls showed the two candidates for the US presidential elections, Republican Donald Trump and Democrat Kamala Harris, in a close race, and thus increasing the potential for dispute over the product. The spot price of gold rose 0.2% to $2,740.96 an ounce by … Read more

The Economist: rising gold prices underpinned a falling dollar

The Economist: rising gold prices underpinned a falling dollar

Since the end of 2023, gold prices have increased by about 30%, with an ounce (28.35 grams) rising to $2,750. The Economist magazine writes that the main factor in this phenomenon is the purchase of gold metal by the central banks of the world. Thus, the share of gold assets in the central banks of … Read more

Britain faces warnings of technology migration due to tax plans

Technology chiefs and investors in Britain have warned that entrepreneurs may be forced to leave the country if the government goes ahead with its controversial plans to increase capital gains tax on share sales. Recent media reports indicate that Treasury Secretary Rachel Reeves is planning to increase the capital gains tax (CGT), which is applied … Read more

Gold and dollar prices jump…and oil plummets as Blinken arrives in the Middle East – Arab 21

Gold and dollar prices jump…and oil plummets as Blinken arrives in the Middle East – Arab 21

Come closer Dollar From the highest level in two and a half months, Tuesday, while it is hot gold Near a higher high, in exchange for a decline in prices Oil. The dollar neared its highest level in two-and-a-half months on Tuesday, amid expectations that the Federal Reserve will take a more deliberate approach to … Read more