Investors pump N7 billions into New Gold ETF
The tendency to rush to gold is because it has become a safe haven given its relative stability.
Tag: Gold
Gold futures reach two-months high over rising COVID-19 cases
Gold futures kept the momentum up as more investors turned to the safe-haven asset.
Gold price up as COVID-19 cases rise, U.S-China tensions heighten
The dollar’s rise to a near two-week high in the previous session subdued gold’s advance.
Gold rises following Fed Reserve increased support measures
The commodity typically gains when there are increased stimulus measures from major central banks
Gold down over increased investor confidence in economic recovery
Gold futures have been down lately, as global investors lose interest in various safe haven assets and instead, commence investments in riskier assets.
Gold spot prices plunge as U.S releases impressive economic data
Spot gold, which monitors real-time trades in bullion, plunged by 1.75%, to close at $1,684.21.
Precious metals slump, investors focus on Central Bank’s intervention
Gold fell on Friday morning to $1,717.10. as global investors await the release of Friday’s U.S non-farm payrolls data for May
Gold prices surge, as protests erupt In America
Spot gold gained 0.9% to $1,741.61 per ounce by 8 am Nigerian local time, while U.S. Gold futures gained 0.3% ...
Gold prices rise, as President Trump decides on China today
Gold prices jumped on Friday as China and America’s drift deepened over further moves by China to impose security laws ...
Gold drops in two consecutive days, as hope raises over Covid-19 vaccine
Gold futures fell 1.70% to $1,706.06 by 4 pm local time, with global investors retreating from the pullback from gold after hopes were strengthened
