Gold prices fell more than 3% on Monday, continuing their downward trend to around a four-month low, influenced by escalating tensions in the Middle East that raised concerns about inflation and sparked expectations of higher global interest rates. Spot gold fell by 3.3% to $4,340.09 per ounce as of 0100, extending losses for the ninth Read More
Gold prices held steady on Wednesday as investors took a careful approach, evaluating the economic impacts of the Middle East conflict while awaiting the upcoming policy decision from the U.S. Federal Reserve. Spot gold held steady at $5,003.77 per ounce as of 0058. Gold futures in the U.S. for April delivery held steady at $5,008.70. Read More
Gold prices held steady on Monday after bouncing back from nearly a 1% drop earlier in the day, as a weaker dollar helped offset declining hopes for quick U.S. interest-rate cuts linked to rising energy costs. Spot gold held firm at $5,017.53 per ounce, as of 0101. Gold futures in the U.S. for April delivery Read More
On Thursday, gold prices saw a minor drop, impacted by a stronger dollar, while increasing oil prices raised worries about inflation and moderated hopes for upcoming interest rate cuts. Spot gold fell by 0.2%, settling at a price of $5,165.73 per ounce as of 0103. Gold futures in the U.S. for April delivery saw a Read More
Gold prices showed a steady trend on Friday, after a drop of more than 1% in the previous session, as investors exercised caution, assessing the potential effects of a rising conflict in the Middle East on the global economy. Spot gold held steady at $5,076.09 per ounce, as of 0116. Gold futures in the U.S. Read More
On Thursday, gold saw a rise, fueled by the intensifying conflict in the Middle East, leading investors to turn to this safe-haven asset. Furthermore, a declining dollar played a role in driving bullion prices higher. Spot gold rose by 0.8% to $5,176.69 per ounce as of 0101. Gold futures in the U.S. for April delivery Read More
Gold prices remained largely unchanged on Friday, as investors processed the outcomes of the U.S.-Iran nuclear discussions from the prior day, while the dollar, positioned close to three-week peaks, exerted downward pressure on the yellow metal. Spot gold remained unchanged at $5,187.39 per ounce as of 0146. Bullion reached a peak not seen in over Read More
Gold experienced a slight decline on Monday as the dollar strengthened following a more than 2% increase in bullion during the prior session. This movement was influenced by cooler-than-expected U.S. inflation data, which heightened expectations for potential interest rate reductions by the Federal Reserve. Spot gold declined by 0.4%, reaching $5,020.10 per ounce as of Read More
Gold increased by over 1% on Thursday, remaining close to one-week highs, as geopolitical and economic tensions persisted in supporting prices, with silver and palladium also experiencing gains. Spot gold increased by 1.1% to $5,016.89 per ounce, as of 0039. Bullion reached an unprecedented peak of $5,594.82 last Thursday. U.S. gold futures for April delivery Read More
Gold prices rose by more than 2% on Wednesday, building on their best performance since 2008 in the previous session, driven by bargain-hunting and a declining dollar that supported bullion. Spot gold saw a rise of 2.2%, hitting $5,044.74 per ounce as of 0112, after a substantial increase of 5.9% on Tuesday, marking its largest Read More
