Gold prices remained stable on Friday, as increasing U.S. Treasury yields counterbalanced the support provided by a weaker dollar. Meanwhile, markets were poised for U.S. inflation data later in the day, seeking insights into the Federal Reserve’s policy direction ahead of its upcoming meeting next week. Spot gold decreased by 0.1%, reaching $4,203.89 per ounce Read More
Gold prices held steady on Wednesday after experiencing a 1% drop in the previous session, with stability influenced by a recovery in stocks and strong Treasury yields that pressured the metal. Investors are paying close attention to upcoming U.S. data for clues about possible rate cuts later this week. Spot gold held steady at $4,207.43 Read More
Gold prices held steady on Tuesday after a nearly 2% rise in the previous session, as the increasing probability of a U.S. rate cut in December balanced out the dollar’s strength. Spot gold saw a decrease of 0.2%, trading at $4,132.20 per ounce, as of 0107. Bullion rose by 1.8% on Monday, hitting $4,139.80, the Read More
