TAG: Gold prices today
Gold extends gains to reach weekly high after Fed rate cut outlook lowers US dollar, yields
The gold prices touched a one-week high after the US dollar and Treasury yields plunged in response...
8 months ago
Gold prices: Precious metal rises ahead of economic data release, silver up 0.5%
Gold prices strengthened on Monday as investors anticipated significant economic data releases and awaited comments from Federal Reserve officials later in the week, seeking additional insights into the potential timing of interest rate adjustments hinte...
6 months ago
Gold Prices Today: Yellow metal extends gains as investors await US inflation data, silver up 0.6%
Gold Prices Today: Gold prices extended gains on Wednesday, March 27, as investors awaited US inflation data that will throw further light on the US Federal Reserve's policy path after the central bank kept interest rates unchanged for the fifth straight...
6 months agoGold drifts lower on firmer dollar, Fed rate outlook. Should you buy?
Gold prices in domestic and international markets edged lower on Wednesday as traders assessed chances of the US Federal Reserve raising interest rates just once more in May before pausing. Markets are pricing an 86 per cent chance the Fed raises rates b...
6 months ago
Gold rate outlook: Goldman Sachs raises yellow metal price forecast to $2700 per ounce by year-end
Gold prices traded near record-high levels on Monday after a sharp rally led by safe-haven demand amid ongoing conflict in the Middle East. Gold rate has rallied 20% over the past two months and analysts expect further gains in the bullion prices. While...
5 months ago
Gold shines bright over high demand amid Middle-East tensions, silver up 0.5%
Gold prices surged on Thursday, April 18, as persistent geopolitical tensions in the Middle East added to the yellow metal's appeal despite robust economic data from the US that raised prospects of fewer interest rate cuts. In the Middle East, Israel has...
5 months ago
Gold prices down $100 from record-high on uptick in US Treasury yields; Q1GDP lowers Fed rate cut hopes
Gold prices today: The yellow metal trimmed gains on Thursday, April 25, as US Treasury yields rose after gross domestic product (GDP) data showed signs of persistent core inflation, which in turn, lowered expectations of the Federal Reserve cutting inte...
5 months ago
Gold hits over two-week low despite touching record highs in 2024; What's hurting the yellow metal's appeal?
Gold prices extended losses for a second day to hit a more than two-week low on Tuesday, April 23, as diminishing fears about an escalation of tensions in the Middle East prompted investors to book profits ahead of key US economic data this week. Spot go...
5 months ago
Gold slips 1% to touch one-week low ahead of Fed meeting, silver dips 2.6%
Gold prices experienced a decline of over 1% to reach a one-week low on Tuesday, primarily driven by an increase in the dollar and U.S. Treasury yields. However, despite this downturn, robust safe-haven demand and continued central bank buying have con...
5 months ago
Gold prices rise due to weakened dollar and soft US jobs data, silver jumps 2.4%
Gold prices surged by over 1%, buoyed by a weakening U.S. dollar following subdued U.S. jobs data, on Monday. This prompted speculation of potential interest rate cuts by the Federal Reserve in the coming months. Spot gold experienced a rise of 0.8%, r...
5 months ago
Gold recovers as traders await US Federal Reserve policy decision, silver rises 1%
Gold prices bounced back on Wednesday amid growing caution preceding the U.S. Federal Reserve's policy announcement later in the day. Additionally, a retreat in the dollar and U.S. Treasury yields spurred some opportunistic buying. As of 10:06 a.m. ET (...
5 months ago