Gold prices remained relatively stable on Thursday, following a decline to a one-week low in the prior session, as elevated inflation data heightened expectations for a potential rate increase by the US Federal Reserve this month. Spot gold remained relatively stable at $4,114.57 per ounce as of 0007, following a decline to its lowest level Read More
Gold prices remained unchanged in early Asian trading on Monday, as market participants prepared for significant US inflation data this week that may provide new insights into the Federal Reserve’s forthcoming interest rate decisions. Spot gold steadied at $4,200.23 per ounce by 0010 after reaching a one-week high on Friday. US gold futures for December Read More
Gold prices remained unchanged on Wednesday as attention turned to the minutes from the US Federal Reserve’s meeting for new insights into the trajectory of monetary policy. Spot gold remained relatively stable at $4,159.62 per ounce as of 0038. US gold futures for December delivery stabilised at $4,187.30. Minutes from the September Federal Open Market Read More
Gold prices remained relatively stable on Tuesday, as a stronger dollar countered the support stemming from diminishing expectations of a Federal Reserve rate increase this month. Spot gold maintained its position at $4,141.81 per ounce by 0033. US gold futures for December delivery increased by 0.3%, reaching a price of $4,169.10. The dollar maintained its Read More
Gold prices experienced a modest increase during early trading in Asia on Monday, as recent weak economic indicators diminished the likelihood of a Federal Reserve rate hike in October. Spot gold increased by 0.3% to $4,153.32 per ounce as of 0022. US gold futures for December delivery increased by 0.5%, reaching a price of $4,182.40. Read More
Gold prices experienced a decline on Friday, positioning themselves for a second consecutive weekly drop. This movement was influenced by a stronger US dollar and heightened Treasury yields, as investors anticipated critical US payrolls data to provide insights into the Federal Reserve’s policy trajectory. Spot gold declined by 0.6% to $4,154.78 per ounce as of Read More
Gold prices declined on Monday as an increase in oil prices intensified inflation worries and bolstered anticipations of additional interest rate hikes by the Federal Reserve. Spot gold experienced a decline of 0.7%, trading at $4,254.77 per ounce as of 0010. US gold futures experienced a decline of 0.7%, settling at $4,289.70. Iran maintained that Read More
Gold prices experienced a decline on Friday, positioning themselves for a weekly downturn, influenced by a robust dollar and increasing anticipation that the US Federal Reserve will maintain elevated interest rates for an extended period to address inflationary pressures. Spot gold was down 0.2% at $4,270.40 per ounce, as of 0035, and has lost more Read More
Gold prices remained subdued on Wednesday as investors assessed the likelihood of major central banks maintaining elevated interest rates for an extended period in their attempts to combat persistent inflation. Spot gold remained relatively stable at $4,356.92 per ounce, as of 0040. US gold futures for December delivery increased by 0.4%, reaching a price of Read More
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
