The price of gold now hits a new all time high
Comments Off on The price of gold now hits a new all time high
Discover the reasons behind the skyrocketing price of gold. Explore the interplay of market forces, geopolitical tensions, and inflationary pressures.
XAUUSD (Gold/US Dollar) Overview
In September 2024, XAUUSD was influenced by both fundamental and technical factors, leading to high volatility as traders adjusted to economic data, central bank policies, and geopolitical uncertainties.
JPMorgan Holds Bigger Short Positions Than Its Total Assets
Dr. Stephen Leeb, one of the world’s top money managers, says that JPMorgan’s gold short positions likely exceed the bank’s total assets.
Ex-JPMorgan Gold Trader Faces 30 Years in Prison for Spoofing
An Ex-JPMorgan Gold trader was found guilty of fraud in the commodities market. Christopher Jordan was convicted of wire fraud affecting a financial institution by a federal judge in Chicago, the latest win for U.S prosecutors in their crackdown on…
