Gold prices experienced a modest increase on Tuesday, influenced by a decline in US Treasury yields. However, the prospect of elevated interest rates constrained the extent of these gains. Spot gold increased by 0.3%, reaching $4,357.31 per ounce, as of 0052. US gold futures for December delivery increased by 0.3%, reaching a price of $4,395.00. Read More
Gold prices experienced a decline in early Asian trading on Monday, influenced by the latest tensions in the Middle East, which have heightened inflation concerns and bolstered expectations for elevated interest rates. Spot gold declined by 0.2%, trading at $4,368.33 per ounce as of 0027. US gold futures for December delivery experienced a decline of Read More
Gold remained relatively stable in early Asian trading on Wednesday as investors looked for insights from crucial U.S. inflation data regarding the Federal Reserve’s trajectory on interest rates. Spot gold remained nearly unchanged at $4,654.17 per ounce, as of 0011, following a peak that marked a more than three-month high in the previous session. U.S. Read More
Gold prices continued their upward trajectory on Monday, reaching their highest point in over three months. This movement comes as investors anticipate upcoming U.S. inflation data and a speech later this week from Federal Reserve Chair Kevin Warsh. Spot gold was up 0.7% at $4,636.34 per ounce, as of 0015, marking its highest level since Read More
Gold prices fell on Friday, setting the stage for a weekly loss, as rising tensions in the Middle East dampened hopes for a U.S.-Iran peace deal, alongside growing inflation and worries about possible interest rate increases. Spot gold fell by 0.3%, trading at $4,462.22 per ounce, as of 0049. It has decreased by about 1.6% Read More
