TAG: spot gold rate
Gold prices decline as rate cut hopes ease, focus shifts to upcoming Fed meeting
Gold prices saw a decline on Monday amid expectations of sustained elevated U.S. interest rates, with attention shifting towards the Federal Reserve policy meeting and the release of U.S. non-farm payrolls data later in the week for insights into the fut...
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 prices: Precious metal rates stabilised, hovering around ₹72,000 per 10 gram; Is it right time to invest?
Gold prices stabilized as concerns over tensions in the Middle East diminished, with investors gearing up for forthcoming U.S. economic data expected later in the week, on Wednesday. This data could provide insights into the Federal Reserve's trajectory...
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 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
Gold rates today: Yellow metal pulls back over high interest rates by US Fed, silver trades flat
Gold prices retreated on Thursday, May 2, as focus returned to chances of US interest rates staying higher for longer, with traders also positioning for more economic data that could influence the US Federal Reserve's strategy. Spot gold fell 0.95 per c...
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