Gold prices rose to a near three-week high on Wednesday as markets recalibrated their assessment of near-term risks following U.S. President Donald Trump’s decision to suspend bombing and attacks on Iran for two weeks, thereby alleviating concerns regarding energy-driven inflation. Spot gold increased by 2.3% to $4,812.49 per ounce, as of 0215. Earlier in the Read More
Gold prices fell by more than 1% on Monday, driven by a strong dollar and decreasing hopes for possible interest rate cuts by the U.S. Federal Reserve. Spot gold fell by 1.2%, settling at $4,620.68 per ounce as of 0047. Gold futures in the U.S. for April delivery fell by 0.7% to $4,647.10. The rise Read More
Gold prices remained relatively stable during Asian trading on Thursday as investors assessed the mixed signals surrounding the Iran conflict, while Tehran considered a U.S. proposal aimed at resolving the war. Spot gold was last up 0.1% at $4,509.06 an ounce by 22:57. U.S. Gold Futures experienced a decline of 1.1%, settling at $4,536.10. Bullion Read More
Gold increased by over 2% on Wednesday, supported by a weaker dollar, while declining oil prices alleviated worries regarding high inflation and rising global interest rates, in light of reports concerning a U.S. initiative to conclude the conflict in the Middle East. Spot gold increased by 2.5%, reaching $4,587.09 per ounce as of 0218. U.S. Read More
Gold prices saw a minor uptick on Friday; nonetheless, they were headed for a third straight weekly drop, affected by a robust dollar and a firm position from the U.S. Federal Reserve, which has lowered hopes for upcoming rate cuts. Spot gold rose by 0.2% to $4,657.50 per ounce as of 0112. This week, bullion Read More
Gold prices increased by as much as 2% on Monday following significant military actions by the U.S. and Israel against Iran, resulting in the death of Supreme Leader Ayatollah Ali Khamenei. This development has heightened geopolitical tensions and intensified global economic uncertainty. Spot gold increased by 1.72% to $5,368.09 an ounce, as of 0010, reaching Read More
On Thursday, gold prices saw a slight rise, bolstered by a declining dollar and increased demand for safe assets amid ongoing uncertainty surrounding U.S. tariff policies and negotiations between the U.S. and Iran. Spot gold rose by 0.3%, hitting $5,184.43 per ounce as of 0110. Bullion hit a high not observed in more than three Read More
Gold prices showed minimal change on Wednesday, after a drop of more than 1% in the previous session, as the dollar continued to hold its recent strength, making dollar-denominated metals more expensive for global buyers. Spot gold held steady at $5,146.18 per ounce by 0054, after reaching a level not observed in more than three Read More
Gold saw a slight uptick on Wednesday, fueled by dip-buying, after a drop of more than 2% in the prior session attributed to progress in U.S.-Iran negotiations. Furthermore, quiet trading linked to the Lunar New Year celebrations throughout Asia has put downward pressure on prices. Spot gold rose by 0.2% to $4,886.69 per ounce as Read More
On Tuesday, gold saw a drop of 1%, with trading remaining quiet in major Asian markets due to the Lunar New Year holidays, compounded by the influence of a rising dollar. Spot gold fell 0.9% to $4,947.98 per ounce by 0110, after a 1% drop earlier in the session. U.S. gold futures for April delivery Read More
