Gold prices fell by more than 1% on Monday, driven by a strong dollar and decreasing hopes for possible interest rate cuts by the U.S. Federal Reserve. Spot gold fell by 1.2%, settling at $4,620.68 per ounce as of 0047. Gold futures in the U.S. for April delivery fell by 0.7% to $4,647.10. The rise Read More
On Thursday, gold prices hit a two-week peak, supported by a weakening dollar and signs of easing tensions in the Middle East conflict, potentially reducing inflationary pressures. Market participants are eagerly anticipating comments from U.S. President Donald Trump. Spot gold saw a rise of 0.7%, hitting $4,790.29 per ounce as of 0034, the highest point Read More
On Wednesday, gold prices rose, hitting their highest level in nearly two weeks, supported by a weakening dollar after U.S. President Donald Trump’s comments suggesting that the conflict with Iran could end soon. Spot gold rose by 0.7% to $4,700.41 per ounce as of 0109, reaching its highest level since March 20. Gold futures in Read More
Gold prices saw a slight uptick on Tuesday, aided by a softer dollar; nonetheless, they are heading towards their largest monthly drop in more than 17 years, as climbing energy expenses have lowered hopes for a U.S. interest rate cut this year. Spot gold rose by 0.8% to $4,544.19 per ounce as of 0114. Gold Read More
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
