Gold prices fell by more than 1% on Monday, due to a stronger dollar. At the same time, the unpredictability of the U.S.-Iran peace talks led to a rise in oil prices, raising worries about inflation once again. Spot gold saw a decrease of 1.4%, trading at $4,762.09 per ounce as of 0055, hitting its 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 fell on Friday as the dollar gained strength, nearing a one-month high. Investors were looking forward to an important inflation report set to be released later in the day for more clarity on the direction of U.S. monetary policy. Spot gold fell by 0.1%, trading at $4,995.91 per ounce as of 0149. U.S. Read More
Gold prices fell on Thursday after a rise of more than 2% in the previous session, as the U.S. dollar gained strength ahead of a significant inflation report due later this week, which could provide additional clarity on the trajectory of U.S. interest rates. Spot gold saw a decrease of 0.4%, closing at $4,961.57 per Read More
Gold prices experienced an increase as a result of Donald Trump’s tariff threats. The increase was also supported by a weaker dollar. Trump intends to increase tariffs on steel and aluminum. This action elicited a cautionary note regarding potential reprisals from Europe. Geopolitical tensions between Ukraine and Russia have intensified. Trump and Xi Jinping are Read More
Gold prices experienced a decrease from a two-week peak. This development occurred following Donald Trump’s establishment of a new deadline for a trade agreement with the European Union. He postponed the implementation of tariffs. Previously, gold prices experienced an increase attributed to heightened safe-haven demand. This occurred following Trump’s proposal of tariffs on imports from Read More
Gold, often regarded as a secure investment amid geopolitical and economic turmoil, has reached several record highs this year, particularly benefiting from a low-interest-rate climate. Gold reaches unprecedented levels amid rising concerns over economic growth. On Tuesday, gold prices surged to an unprecedented peak, propelled by a declining dollar, escalating trade war tensions, and apprehensions regarding Read More
