Bitcoin and other cryptocurrencies slipped Thursday as risk-sensitive assets weakened after the Federal Reserve’s latest monetary policy decision. Cryptos are poised to return to range-bound trading that has been defined in recent months. Gold prices lingered near a...
Gold Market Gold prices are down and hit multi-week lows in early U.S. trading Thursday, following a batch of U.S. economic data that showed an uptick for producer inflation and solid retail sales. Both reports fall into the camp of the U.S. monetary policy hawks, and...
Gold Market Gold prices firmed on Friday, trading at $1,924.79, but were set for a weekly decline as the dollar and Treasury yields held firm with strong U.S. economic data raising concerns about the Federal Reserve keeping interest rates higher for longer. The dollar...
Gold Market Gold clings to one-month highs of $1,944 on Thursday, underpinned by weaker-than-anticipated US economic data, which bolstered bets on the less hawkish stance from the Federal Reserve Bank. Following the downbeat prints of consumer confidence and...
Gold scales near a two-week peak as Treasury yields retreat. Gold prices are currently trading at $1,915. Gold has risen about 1.3% so far in the week, which could be its first week of gains this month, as prices climbed to their highest since August 10th, on...
Gold prices touched five-month lows of US$1,889.00 on Thursday, as the US dollar and Treasury yields gained momentum after recent upbeat economic data added weight to expectations that the Federal Reserve would carry on with its policy tightening. Spot gold hovered...
Gold prices hovered around $1,917.00 per ounce as investors braced for make-or-break US inflation data this week that would shape the Federal Reserve's upcoming interest rate decision. High-interest rates have raised the opportunity cost of holding...
Spot Gold, currently trading at $1,936, held near three-week lows. Gold Price remains on the back foot despite recent consolidation. In doing so, the precious metal prints a three-day losing streak amid a firmer US Dollar and risk-off mood. US private payrolls data...
Spot gold is trading at $1,975.05 per ounce, its highest since July 20. The gold market gains as The Federal Reserve keeps options open on future rate hikes. Gold price climbed above $1,980 for the first time in two months. A report from J.P Morgan sees gold charging...
This week we saw gold maintain ground above its major support area of $1,930, heading towards $1,980. As long as gold can hold ground above $1,930, it remains well positioned to re-test its upper resistance of $2,050 and break towards new highs. Gold markets have...