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About: pumarketings

Recent Posts by pumarketings

Middle East Conflicts Intensify, Gold Jump

Market Summary Gold surged to a record high, nearing the $2730 mark per ounce, as worsening tensions in the Middle East escalated. The situation intensified after a Hezbollah drone explosion near the Israeli Prime Minister’s private residence, prompting discussions of retaliation from Israel, which fueled the safe-haven demand for gold. Similarly, silver (XAGUSD) soared toContinue Reading

Written on October 21, 2024 at 5:35 am

Categories: Daily Market Analysis

Yen Rose As Dollar Rally Halts

Fundamental Analysis * Greenback Pause: The USD/JPY has faced selling pressure as the U.S. dollar retreated following a period of significant gains. On the Japanese side, the National Core Consumer Price Index (CPI), which excludes volatile food and energy prices, climbed to 2.1% in September, up from 2% in August. Rising inflation has reinforced expectationsContinue Reading

Written on October 21, 2024 at 2:02 am

Categories: Trade Of The Day

Gold Surge to New High Amid Intensify Geopolitical Risk

Market Summary Gold surged to the $2700 mark in the last session as heightened geopolitical risks in the Middle East spurred demand for safe-haven assets. Reports of the Israeli military killing Hamas leader Yahya Sinwar, a key figure behind the attacks that escalated into the Gaza war, have intensified market concerns, driving gold’s upward momentum.Continue Reading

Written on October 18, 2024 at 5:49 am

Categories: Daily Market Analysis

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