Gold prices experienced a modest increase on Tuesday, influenced by a decline in US Treasury yields. However, the prospect of elevated interest rates constrained the extent of these gains. Spot gold increased by 0.3%, reaching $4,357.31 per ounce, as of 0052. US gold futures for December delivery increased by 0.3%, reaching a price of $4,395.00. 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 experienced a decline on Tuesday, driven by increasing crude oil prices that intensified inflation concerns and bolstered expectations for a rate hike by the Federal Reserve in anticipation of its upcoming policy meeting. Spot gold was down 0.3% at $4,285.91 per ounce, as of 0015, after reaching its lowest level in over a month Read More
Gold prices declined on Monday as robust U.S. jobs data bolstered expectations for elevated interest rates. Meanwhile, market participants looked ahead to crucial U.S. inflation figures set to be released later this week, seeking additional insight into the Federal Reserve’s policy trajectory. Spot gold declined by 0.5% to $4,405.47 per ounce as of 0211, following Read More
Gold rose on Tuesday, extending a rally driven by the U.S. Treasury’s recent buyback announcement, while focus shifted to key U.S. inflation data and a speech later this week by Federal Reserve Chair Kevin Warsh for clues on interest rates. Spot gold increased by 0.6% to $4,676.75 per ounce as of 0026, following a peak Read More
Gold prices continued their upward trajectory on Monday, reaching their highest point in over three months. This movement comes as investors anticipate upcoming U.S. inflation data and a speech later this week from Federal Reserve Chair Kevin Warsh. Spot gold was up 0.7% at $4,636.34 per ounce, as of 0015, marking its highest level since Read More
Gold prices declined by over 1% on Wednesday, coinciding with an increase in oil prices due to renewed hostilities between the U.S. and Iran, which heightened concerns regarding inflation and potential interest rate hikes. Spot gold declined by 1.4%, reaching $4,203.20 per ounce as of 0050. Bullion reached its lowest point since March 23 on Read More
Gold prices fell on Wednesday, affected by the renewed conflicts in the Middle East, which also caused crude oil prices to rise. This development has heightened worries about the ongoing presence of high interest rates as a strategy to manage inflation. Spot gold fell by 0.2%, settling at $4,476.50 per ounce as of 0103. Gold Read More
Gold prices saw a modest rise on Friday as investors assessed reports about a ceasefire agreement between the U.S. and Iran, amid growing concerns about inflation and possible increases in U.S. interest rates. Spot gold increased by 0.4% to $4,512.79 per ounce, as of 0113. The metal has seen a rise of about 0.1% for Read More
Gold prices rose by more than 1% on Monday, supported by a weakening dollar and lower oil prices, as investors contemplated the possibility of advancements in U.S.-Iran peace negotiations. Spot gold rose by 1.4% to $4,570.88 per ounce as of 0045. Gold futures in the U.S. for June delivery rose by 1.1% to reach $4,572.90. Read More
