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 agoGold 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 agoGold 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 agoDespite 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 agoGold 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