Gold experienced an uptick on Wednesday, driven by a decline in oil prices that alleviated concerns regarding inflation. Meanwhile, investors remained poised for a series of U.S. economic data releases this week to assess the trajectory of the Federal Reserve’s policy stance. Spot gold increased by 0.4%, reaching $5,213.99 per ounce, as of 0109. U.S. Read More
Gold prices held steady on Tuesday as investors took a cautious stance, opting to wait for further developments amid rising tensions in the Middle East, particularly after reports indicated that U.S. President Donald Trump views his conflict with Iran as “very complete”. Spot gold fell by 0.1% to $5,131.24 per ounce, as of 0051. Gold Read More
Gold fell by more than 2% on Monday, affected by a stronger dollar that weighed on dollar-denominated bullion. Moreover, increasing energy expenses have intensified worries about inflation, which further reduces the chances of upcoming interest rate reductions. Spot gold saw a decrease of 2.5%, trading at $5,041.89 per ounce, as of 0048. Gold futures in Read More
On Thursday, gold saw a rise, fueled by the intensifying conflict in the Middle East, leading investors to turn to this safe-haven asset. Furthermore, a declining dollar played a role in driving bullion prices higher. Spot gold rose by 0.8% to $5,176.69 per ounce as of 0101. Gold futures in the U.S. for April delivery Read More
Gold prices increased for the fifth consecutive session on Tuesday, as investors turned to safe-haven assets in light of the intensifying air conflict between the U.S. and Israel against Iran. This development has heightened concerns that the situation could evolve into a prolonged regional war, further amplifying uncertainty in the market. Spot gold increased by Read More
Gold prices remained largely unchanged on Friday, as investors processed the outcomes of the U.S.-Iran nuclear discussions from the prior day, while the dollar, positioned close to three-week peaks, exerted downward pressure on the yellow metal. Spot gold remained unchanged at $5,187.39 per ounce as of 0146. Bullion reached a peak not seen in over Read More
On Thursday, gold prices saw a slight rise, bolstered by a declining dollar and increased demand for safe assets amid ongoing uncertainty surrounding U.S. tariff policies and negotiations between the U.S. and Iran. Spot gold rose by 0.3%, hitting $5,184.43 per ounce as of 0110. Bullion hit a high not observed in more than three Read More
Gold prices showed minimal change on Wednesday, after a drop of more than 1% in the previous session, as the dollar continued to hold its recent strength, making dollar-denominated metals more expensive for global buyers. Spot gold held steady at $5,146.18 per ounce by 0054, after reaching a level not observed in more than three Read More
On Tuesday, gold prices fell from a high that hadn’t been reached in more than three weeks, as the impact of a stronger dollar outweighed the backing from concerns about U.S. tariffs and the ongoing tensions between Washington and Tehran. Spot gold fell by 1.5% to $5,150.38 per ounce as of 0125, after reaching a Read More
Gold prices fell on Friday as the dollar gained strength, nearing a one-month high. Investors were looking forward to an important inflation report set to be released later in the day for more clarity on the direction of U.S. monetary policy. Spot gold fell by 0.1%, trading at $4,995.91 per ounce as of 0149. U.S. Read More
