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gold Archives - Iran News Daily
New prohibitions against gold, bitcoin 17 Mar 2021

New prohibitions against gold, bitcoin

With so much debt in the U.S., financial markets are entering a new paradigm, where we could see "shocking" tax changes that might involve prohibitions against capital movements to assets.

Gold Price, Plenty of Room to Upside on Breakout Over $1744.30 16 Mar 2021

Gold Price, Plenty of Room to Upside on Breakout Over $1744.30

Gold futures are edging higher late in the session on Monday as counter-trend traders continue to build a support base.

Gold ticks up on weaker dollar, U.S. stimulus hopes 25 Jan 2021

Gold ticks up on weaker dollar, U.S. stimulus hopes

Spot gold rose 0.1% to $1,854.95 per ounce by 0329 GMT, recovering from a 0.9% decline in the previous session. U.S. gold futures eased 0.1% to $1,854.30.

Bitcoin is challenging gold 08 Dec 2020

Bitcoin is challenging gold

Bitcoin is challenging gold: Gold price outlook is 'no longer overwhelmingly bullish,' says UOB

Gold Weekly Price Forecast 28 Nov 2020

Gold Weekly Price Forecast

Gold markets got hammered during the week as we continue to see a lot of money flow into the “risk-on” trade. Gold was ditched and fell below the $1800 level.

Can the Bull Market Outlive a Pandemic? 21 Nov 2020

Can the Bull Market Outlive a Pandemic?

TEHRAN (Iran News) – Gold’s record-breaking bull market is facing an existential question after this month’s pharmaceutical breakthroughs: what happens to the rally once Covid-19 vaccines start rolling out? Gold is viewed by many as the archetypal haven asset, inevitably driven higher in times of turmoil. By that logic, a beginning of the end of […]

Gold and silver remain short 18 Nov 2020

Gold and silver remain short

Monday was just another normal day in the markets, a new vaccine was announced helping the equities explode higher.

Price of Gold Fundamental Weekly Forecast 09 Nov 2020

Price of Gold Fundamental Weekly Forecast

Bullish gold investors received a couple of gifts last week – Democrat Joe Biden was elected president of the United States and the U.S. Federal Reserve reiterated their support for the economy.

Iran Finds Deposit With 8m Tons of Gold Reserves 21 Oct 2020

Iran Finds Deposit With 8m Tons of Gold Reserves

Iran has made a gold discovery in southeast Sistan and Baluchestan province, where definite reserves of 8 tons of the precious metal have been found, a provincial official says.

Official: Iran Enjoys 1,000 Promising Gold Prospects 17 Sep 2020

Official: Iran Enjoys 1,000 Promising Gold Prospects

Iran currently has 1,000 promising gold prospects which are soon expected to help the precious metal play a role as significant as that of steel in the country’s mining.