The rally gained ... main currency in which gold is bought and sold. When it becomes more expensive to holders of other currencies, that typically leads to selling pressure on the metal.

Read more: Gold's Historic Rally Leaves Bitcoin Behind, But the Trend May Reverse ...

Spot gold surpassed $3,000 an ounce for the first time before retreating to $2,990. Gold futures for April delivery also broke the $3,000 mark on Thursday. The precious metal is now up over 15% ...

The rally gained ... main currency in which gold is bought and sold. When it becomes more expensive to holders of other currencies, that typically leads to selling pressure on the metal.

Cenbank gold buying will remain structurally higher, Goldman says Spot gold hits record high of $3,004.86 US central bank policy meeting due next week March 14 (Reuters) - Gold broke through the ...

Gold broke the $3,000 an ounce price threshold for the first time on Friday as investors sparked a rally in the safe-haven asset amid mounting economic uncertainty due to President Donald Trump's ...

“The recent rally in gold to new all-time highs likely reflects both increasing inflation expectations and a broader flight to safety,” Dragosch explains. “In fact, both short- and medium ...

can face selling pressure during sudden market selloffs, Bloomberg reports. Thailand’s currency, Thai Bhat (THB), has received a boost this year from a rally in Gold prices. Strategists warn ...

Thailand’s currency has received a boost this year from a rally in gold prices ... The greenback’s recent decline has eased the pressure but Thailand’s exposure to tariffs means the currency ...

The move through the psychological US$3,000 level drives home gold’s centuries-old role as a store of value in turbulent times and as a gauge of fear in markets. In the last quarter century, the price ...

(Bloomberg) — Gold prices passed $3,000 an ounce for the first time ever, driven higher by a central bank buying spree, economic fragility worldwide, and President Donald Trump’s attempts to rewrite ...