Gold holding steady in quiet market
Despite a lack of momentum in recent weeks, gold (and silver) is holding steady, and building new support levels as markets wait for a fresh spark in either direction.
February Gold News 2024
US inflation figures sees gold and silver fall
The latest batch of US inflation figures resulted in gold and silver falling yesterday as markets continue to readjust rate cut expectations from the Fed.
China posts 15th consecutive gold reserve purchase
China has reported another gold reserve purchase, this time adding 10 tonnes of gold to their growing reserves. This represents the 15th consecutive month that China have reported buying gold for their reserves and puts them up to 2,245 tonnes.
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