On Tuesday, gold prices saw an increase as investors kept an eye on the upcoming meeting between U.S. President Donald Trump and Chinese President Xi Jinping, as well as the latest updates regarding the ongoing conflict in the Middle East. Spot gold rose by 0.5%, hitting $4,757.59 per ounce as of 0050. U.S. gold futures Read More
On Monday, gold prices fell as the stagnation in U.S.-Iran peace talks contributed to a rise in oil prices, heightening concerns that ongoing inflation could lead to sustained high interest rates. Spot gold fell by 0.6% to $4,687.49 per ounce, as of 0038. U.S. gold futures for June delivery fell by 0.7%, closing at $4,696.60. Read More
Gold experienced a modest increase on Friday, positioning itself for a weekly gain as concerns regarding inflation and rising interest rates subsided. Investor sentiment remained buoyant regarding the potential for a U.S.-Iran peace agreement, even in the face of renewed hostilities. Spot gold increased by 0.3%, reaching $4,700.80 per ounce, as of 0059. Bullion has Read More
Gold prices remained stable close to a one-week high on Thursday, as investors adopted a cautious stance, anticipating additional information regarding a potential U.S.-Iran peace agreement. Spot gold remained steady at $4,688.16 per ounce, as of 0059, following an increase of approximately 3% on Wednesday, reaching its highest point since April 27. Gold futures in Read More
Gold prices increased by over 1% on Wednesday, supported by a declining dollar, as reduced oil prices alleviated inflation concerns in light of optimistic prospects for a peace agreement between the U.S. and Iran. Spot gold increased by 1.3%, reaching $4,617.19 per ounce, as of 0100. Gold futures in the U.S. for June delivery increased Read More
Gold prices remained stable on Tuesday, as investors assessed the economic implications of rising tensions in the Middle East, coupled with the halt of peace negotiations between the U.S. and Iran. Spot gold increased by 0.2% to $4,528.99 per ounce, as of 0059. Bullion dropped more than 2%, reaching its lowest point since March 31 Read More
Gold prices saw a minor drop on Monday, driven by worries about inflation that have created ambiguity around the direction of U.S. monetary policy, as market players awaited news on U.S.-Iran peace talks. Spot gold saw a decrease of 0.3%, trading at $4,599.45 per ounce, as of 0114. Gold futures in the U.S. for June Read More
Gold held steady on Friday, but seemed poised for a weekly decline as increasing oil prices heightened inflation worries and complicated the outlook for interest rates. Spot gold held firm at $4,622.41 per ounce, as of 0046, after a rise of more than 2% in the previous session. The metal was set to record a Read More
Gold prices saw a recovery on Thursday following a dip to a one-month low the day before, aided by a decline in the U.S. dollar. Nonetheless, consistently high oil prices have kept worries about inflation and the possibility of sustained high interest rates alive. Spot gold rose by 0.6% to $4,566.73 per ounce at 0105, Read More
Gold showed a steady performance on Wednesday as market players awaited comments from U.S. Federal Reserve Chair Jerome Powell, aiming to assess the economic effects of the continuing conflict in Iran amid stalled peace talks. Spot gold saw a slight rise of 0.1%, hitting $4,598.45 per ounce as of 0055, after dropping to its lowest Read More
