Asia bids, North America sells – has been the play this week. Month-end flows might also be contributing to the action, but remember, these book balances typically fizzle out quickly as seen yesterday. Spot gold … Read more
Gold spot climbed 1.2% to $2,200 per ounce by 11:00 GMT on Tuesday, recouping losses from last week’s retreat as the U.S. dollar weakened and Treasury yields eased. The yellow metal had temporarily lost its … Read more
Gold prices (XAU/USD) traded sideways on Tuesday, as the U.S. dollar’s resilience and anticipation of crucial inflation data clouded the outlook for the precious metal. Spot gold hovered around $2,169.70 an ounce by 07:00 GMT. … Read more
Bullion prices traded in a tight range on Monday, struggling to reclaim recent highs as the dollar exerted pressure, offsetting hopes of U.S. rate cuts. Spot gold was last quoted at $2,165.60 an ounce by … Read more
While silver has faltered in the face of a resurging US dollar, gold has largely held its ground over the past few days of high volatility in the markets. On Friday, gold prices dipped due … Read more
Gold prices reached a record high in Asian trading on Thursday after the US Federal Reserve kept interest rates unchanged and indicated it was considering up to three rate cuts this year. Spot gold hit … Read more
Gold prices traded sideways overnight on Wednesday, lingering above the $2,150 per ounce level as investors eyed the Federal Reserve’s policy meeting for clues on potential interest rate cuts in 2024. The spot gold (XAU/USD) … Read more
Gold (XAU/USD) prices have inched back above $2,150 after dipping below the key level yesterday, as investors remain cautious ahead of the Federal Reserve’s interest rate decision. The precious metal is finding some support from … Read more
Gold (XAU/USD) prices fell in Asian trading on Monday, dropping to $2,147.74 by 06:30 GMT, losing a key support level as investors awaited interest rate signals from the Federal Reserve later this week. The precious … Read more
Gold prices are on a record-breaking tear, reaching a new high of $2,168 per ounce on Friday, fueled by rising expectations of U.S. interest rate cuts and ongoing safe-haven demand. This week’s surge comes as investors … Read more
Gold surged to record highs on Thursday, extending its winning streak to seven days, as weak economic data and the prospect of interest rate cuts from the Federal Reserve fuelled investor demand. Spot gold (XAU/USD) reached a … Read more