TAG: U.S. gold futures
Gold prices rise ahead of US inflation data, silver slips 0.3%
Gold prices surged, supported by a decline in the U.S. dollar, as investors awaited upcoming data to assess inflation trends, crucial for understanding the Federal Reserve's approach to interest rates, on Tuesday. At 09:58 a.m. EDT (1358 GMT), spot gold...
6 months ago
Gold continues to shine for seventh session straight on geopolitical tensions; silver surges to three-year high
Gold prices surged to a record high for the seventh consecutive session, driven by both central bank acquisitions and geopolitical tensions, on Monday. Despite robust economic indicators, the appeal of bullion remained strong. At 11:54 a.m. ET (1554 GMT...
6 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 slips to one-month low despite weak US jobs data; silver declines 1.3%
Despite weaker-than-anticipated U.S. jobs data, gold plummeted to its lowest point in a month on Friday, continuing a correction phase following last month's impressive surge. Investors opted to cash in profits amidst easing geopolitical tensions. As o...
5 months ago