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Tag: Central
Gold News: Will Renewed China Central Bank Buying Fuel a Bullish Breakout?
Daily Gold (XAU/USD) Gold is approaching resistance at $2663.51, with the 50-day moving average of $2668.27 marking a significant threshold.…
Silver (XAG) Daily Forecast: Russia’s Central Bank Silver Reserves Boost Bullish Sentiment
Prices of gold and palladium have been significantly higher than silver since 2011, suggesting that silver could be a “strategic…
How to Understand the Role of Central Banks in the Gold Market
Historically, the central banks' role has been significant to the world gold market. Central banks typically possess substantial gold reserves,…