Gold prices remained unchanged on Wednesday as attention turned to the minutes from the US Federal Reserve’s meeting for new insights into the trajectory of monetary policy. Spot gold remained relatively stable at $4,159.62 per ounce as of 0038. US gold futures for December delivery stabilised at $4,187.30. Minutes from the September Federal Open Market Read More
Gold prices remained relatively stable on Tuesday, as a stronger dollar countered the support stemming from diminishing expectations of a Federal Reserve rate increase this month. Spot gold maintained its position at $4,141.81 per ounce by 0033. US gold futures for December delivery increased by 0.3%, reaching a price of $4,169.10. The dollar maintained its Read More
Gold prices experienced a decline on Friday, positioning themselves for a second consecutive weekly drop. This movement was influenced by a stronger US dollar and heightened Treasury yields, as investors anticipated critical US payrolls data to provide insights into the Federal Reserve’s policy trajectory. Spot gold declined by 0.6% to $4,154.78 per ounce as of Read More
Gold prices remained unchanged on Thursday, as investors looked to US jobs data for insights into the Federal Reserve’s trajectory regarding interest rates. Spot gold remained relatively stable at $4,146.66 per ounce, as of 0027. US gold futures for December delivery declined by 0.3%, settling at $4,177.00. The pivotal US nonfarm payrolls report for September Read More
Gold steadied on Tuesday but remained close to a more than seven-week low amid concerns that the Federal Reserve may maintain elevated interest rates for an extended period, while investors anticipated a series of US economic data releases. Spot gold remained relatively stable at $4,123.29 per ounce, as of 0038, following a decline to its Read More
Gold inched higher on Friday, buoyed by declining oil prices and a subdued US dollar. Market participants remained attentive to developments in the Middle East and the broader outlook for global monetary policy. Spot gold increased by 0.3% to $4,352.60 per ounce, as of 0050. US gold futures for December delivery experienced a decline of Read More
Gold prices were subdued on Wednesday as market participants prepared for the U.S. Federal Reserve’s policy decision, with a rate hike widely anticipated. Spot gold was down 0.1% at $4,288.48 per ounce, as of 0143, following a decline to a more than one-month low on Monday. U.S. gold futures for December delivery experienced a decline Read More
Gold prices declined on Monday as a surge in oil prices heightened inflation concerns and bolstered expectations that the U.S. Federal Reserve may increase interest rates at its upcoming policy meeting this week. Spot gold experienced a decline of 0.5%, trading at $4,327.80 per ounce as of 0119, following a third consecutive weekly decrease recorded Read More
Gold maintained its position in early Asian trading on Thursday as investors anticipated the release of U.S. nonfarm payrolls data, which may influence expectations regarding the Federal Reserve’s forthcoming policy decisions. Spot gold maintained its position at $4,386.28 per ounce as of 0046. Prices rebounded from a near one-month low on Wednesday as the U.S. Read More
Gold prices remained stable on Tuesday as traders evaluated tensions in the Middle East and anticipated important U.S. labour market data set to be released this week, which could influence expectations regarding Federal Reserve monetary policy. Spot gold maintained its position at $4,454.68 per ounce by 0057, following a decline to its lowest level since Read More
