Gold prices experienced an uptick on Thursday, following their most significant daily increase since mid-August in the prior session. This rise was supported by a depreciating US dollar, as investors looked ahead to this week’s non-farm payrolls report for insights into the Federal Reserve’s policy direction. Spot gold increased by 0.6% to $4,082.76 per ounce Read More
Gold prices experienced a modest increase during early Asian trading on Wednesday, as declining oil prices alleviated inflation worries. Meanwhile, investors remained attentive to the outcomes of the US midterm elections and significant labour market data for insights into policy direction. Spot gold increased by 0.2% to $3,934.75 per ounce at 0024, while US gold Read More
Gold prices experienced a modest increase during early Asian trading on Tuesday, following a significant rise of over 2% in the prior session. This uptick comes as a notable decline in oil prices has alleviated inflation worries, while market participants remain attentive to the results of the US midterm elections scheduled for later in the Read More
Gold prices experienced a slight increase during early Asian trading on Monday, yet remained close to a one-year low. Ongoing concerns regarding inflation have bolstered expectations that the Federal Reserve may implement interest rate hikes later this year, thereby diminishing the attractiveness of bullion. Spot gold increased by 0.5% to $3,894.89 per ounce as of Read More
Gold prices experienced a decline in early Asian trading on Friday, following a drop of over 1% in the prior session. This movement is attributed to persistent inflation in the United States, which has heightened expectations for additional rate hikes by the Federal Reserve, thereby exerting downward pressure on bullion. Spot gold experienced a decline Read More
Gold prices experienced a modest increase on Wednesday, following a rise of approximately 1% in the prior session. Investors are closely monitoring the Federal Reserve’s policy decision scheduled for later in the day, with expectations that the central bank will maintain the current interest rates. Spot gold increased by 0.1% to $4,061.86 per ounce at Read More
Gold prices remained close to a three-month low on Monday, as investors anticipated this week’s Federal Reserve policy meeting for insights into the policymakers’ perspective on US interest rates. Spot gold experienced a decline of 0.2%, trading at $3,987.45 per ounce by 0037, following a drop to its lowest level since mid-July in the preceding Read More
Gold experienced a decline in early Asian trading on Thursday as market participants anticipated next week’s Federal Reserve policy meeting for insights on the direction of interest rates. Spot gold declined by 0.6% to $4,115.50 per ounce by 0040, following a drop to its lowest level since October 15 at $4,104.33 on Wednesday. US gold Read More
Gold experienced a decline on Wednesday as investors positioned themselves ahead of the Federal Reserve’s policy decision next week, seeking new insights into the future direction of US interest rates. Spot gold decreased by 0.1% to $4,118.64 per ounce at 0018, while US gold futures for December delivery fell by 0.1% to $4,137.60. The Fed Read More
Gold experienced a decline in early Asian trading on Tuesday as market participants looked ahead to the upcoming US Federal Reserve policy decision next week, seeking insights on interest rates and the overall trajectory of monetary policy. Spot gold declined by 0.3% to $4,126.84 per ounce as of 0102, while US gold futures for December Read More
