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
Gold held steady on Friday, setting the stage for a fourth straight weekly gain, as hopes for a possible U.S.-Iran peace deal eased worries about increasing inflation and persistently high U.S. interest rates. Spot gold was up 0.1% at 4,794.47 per ounce, as of 0053. The metal has increased by about 1% so far this Read More
On Thursday, gold prices saw an increase, supported by a weakening dollar, as investors reflected on the growing optimism about a potential U.S.-Iran agreement intended to address the conflict that has pushed energy prices up and raised worries about inflationary pressures. Spot gold rose by 0.9% to 4,830.66 per ounce by 0103. Gold futures in Read More
Gold prices showed a steady trend on Wednesday, holding close to a one-week high achieved earlier in the day, as investors exercised caution while looking for more insight into U.S.-Iran peace talks. Spot gold held steady at 4,841.76 per ounce as of 0110, after reaching a high not observed since April 8 earlier in the Read More
Gold prices saw an increase on Tuesday, bolstered by persistent declines in the dollar after the release of cooler-than-anticipated U.S. producer price data. Furthermore, a decline in oil prices was shaped by positive sentiment regarding the possibility of a lasting ceasefire between the U.S. and Iran. Spot gold rose by 0.7% to $4,774.59 an ounce Read More
Gold prices fell to a nearly one-week low on Monday, impacted by a stronger dollar, as rising energy prices increased inflation worries and lowered expectations for interest rate cuts by the U.S. Federal Reserve this year. Spot gold saw a decrease of 1.1%, trading at $4,694.30 per ounce as of 0100, reaching its lowest level Read More
Gold prices saw a minor drop on Friday, impacted by a rising dollar. Despite this, the metal is set for a third straight weekly rise, supported by fresh optimism regarding a U.S.-Iran ceasefire, which has eased inflation worries and moderated expectations for increasing U.S. interest rates. Spot gold saw a decrease of 0.2%, trading at Read More
Gold prices held steady on Thursday, as investors took a careful approach while waiting for clearer indications about the U.S.-Iran ceasefire talks, and in expectation of significant U.S. inflation data set to be unveiled later in the day. Spot gold held steady at $4,715.42 per ounce as of 0052. Gold futures in the U.S. for Read More
Gold prices rose to a near three-week high on Wednesday as markets recalibrated their assessment of near-term risks following U.S. President Donald Trump’s decision to suspend bombing and attacks on Iran for two weeks, thereby alleviating concerns regarding energy-driven inflation. Spot gold increased by 2.3% to $4,812.49 per ounce, as of 0215. Earlier in the Read More
Gold prices remained steady on Tuesday, as investors approached the market with caution due to a deadline set by U.S. President Donald Trump concerning the reopening of the Strait of Hormuz, a key area in the Iran conflict. Spot gold held steady at $4,646.69 per ounce as of 0100, while U.S. gold futures for June Read More
