Gold prices fell by more than 1% on Monday, influenced by a surge in energy prices that raised inflation worries and lowered expectations for interest rate cuts by the U.S. Federal Reserve this year. Spot gold fell by 1.2% to $4,439.45 per ounce as of 0102. Gold futures in the U.S. for April delivery fell Read More
Gold prices held steady on Friday, but were on track for a fourth straight weekly drop, as increasing energy costs from the Middle East conflict raised inflation concerns and bolstered expectations for sustained high global interest rates. Spot gold held steady at $4,380.39 per ounce as of 0101. Bullion has dropped more than 2% so Read More
Gold prices remained relatively stable during Asian trading on Thursday as investors assessed the mixed signals surrounding the Iran conflict, while Tehran considered a U.S. proposal aimed at resolving the war. Spot gold was last up 0.1% at $4,509.06 an ounce by 22:57. U.S. Gold Futures experienced a decline of 1.1%, settling at $4,536.10. Bullion Read More
Gold increased by over 2% on Wednesday, supported by a weaker dollar, while declining oil prices alleviated worries regarding high inflation and rising global interest rates, in light of reports concerning a U.S. initiative to conclude the conflict in the Middle East. Spot gold increased by 2.5%, reaching $4,587.09 per ounce as of 0218. U.S. Read More
Gold prices experienced a decline exceeding 1% on Tuesday, marking the continuation of a downward trend for the tenth consecutive session. This movement was influenced by a robust U.S. dollar and diminishing expectations for imminent interest rate reductions by the Federal Reserve. Spot gold declined by 1.6%, reaching $4,335.18 per ounce, as of 0227. The Read More
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 saw a minor uptick on Friday; nonetheless, they were headed for a third straight weekly drop, affected by a robust dollar and a firm position from the U.S. Federal Reserve, which has lowered hopes for upcoming rate cuts. Spot gold rose by 0.2% to $4,657.50 per ounce as of 0112. This week, bullion Read More
On Thursday, gold prices experienced a slight increase following a brief drop to a level that hadn’t been seen in over a month. However, the extent of these enhancements was constrained by a strong dollar and the Federal Reserve’s assertive approach, which has dampened expectations for future rate reductions. Spot gold rose by 0.4% to 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 showed a steady trend on Tuesday as investors approached the market with caution, evaluating the economic effects of the ongoing conflict in the Middle East while awaiting important central bank policy decisions set for this week. Spot gold rose by 0.1% to $5,007.61 per ounce as of 0110. Gold futures in the U.S. Read More
