News
According to Economic Daily News, on the 21st, international gold prices surged to a new record high of USD 3,400 per ounce. Due to the heavy use of gold as a raw material in the gold bumping process for panel driver IC packaging, Taiwan’s two major driver IC packaging and testing companies, Chipb...
Insights
On October 21, gold futures on the New York Mercantile Exchange closed at $2,734.50, continuing to reach new all-time highs. As one of the world's primary safe-haven assets, gold has risen by over 30% so far this year. This increase mainly reflects the fact that major global economies have entere...
Insights
The Fed announced a 50-basis-point rate cut last week, sparking expectations of further rate reductions and driving gold prices to new highs. On the 23rd, gold prices surged to an all-time high. On September 23, gold futures on the COMEX, the world’s largest gold futures exchange, soared to a r...