Gold showed a steady performance on Wednesday as market players awaited comments from U.S. Federal Reserve Chair Jerome Powell, aiming to assess the economic effects of the continuing conflict in Iran amid stalled peace talks. Spot gold saw a slight rise of 0.1%, hitting $4,598.45 per ounce as of 0055, after dropping to its lowest Read More
Gold pulled back from a high not reached in more than three weeks on Thursday, affected by a rising dollar, as investors looked forward to the release of U.S. economic data to evaluate the direction of Federal Reserve interest rates. Spot gold experienced a decline of 0.1%, trading at $4,194.63 per ounce as of 0203, Read More
Gold experiences a decline amid optimism surrounding US-China trade discussions; market participants are closely monitoring Federal Reserve policy. U.S. Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer are set to engage with China’s leading economic official in Switzerland this week, according to U.S. officials, marking a potential initial move towards addressing a trade war Read More
