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Gold steadied, after rallying on Tuesday as the Bank of Japan’s unexpected yield-curve-control policy rattled markets and weighed on the dollar. Bullion jumped 1.7% on Tuesday after the BOJ’s move, and is trading near the highest since June. The precious metal often moves in the opposite...


Gold steadied, after rallying on Tuesday as the Bank of Japan’s unexpected yield-curve-control policy rattled markets and weighed on the dollar. Bullion jumped 1.7% on Tuesday after the BOJ’s move, and is trading near the highest since June. The precious metal often moves in the...


Gold held a gain ahead of US inflation data as traders digested the latest comments from Federal Reserve officials that indicated a pivot toward monetary easing is unlikely before June. The precious metal has been trading in a narrow range this week and is little changed since Friday’s...


Gold held recent gains that pushed this year’s advance to about 6%, as negative US data heightened concerns of an economic contraction in the world’s biggest economy. Weak retail sales data and poor company earnings and layoffs last week boosted recession fears. That increased bets that the...


Gold held gains in subdued trading as investors waited for the Federal Reserve’s rate decision, with US policymakers expected to deliver another hike. Rates on swap contracts continued to price in a quarter percentage-point hike on Wednesday, though the greater focus will be on any...


Gold was steady — after edging higher in the previous session — as long-dated Treasury yields continued to fall following fresh data that indicated US labor market softness. The Treasuries market took another leg higher on Wednesday, as a slowdown in private-sector job...


Gold held gains made after soft US inflation data bolstered the view that the Federal Reserve’s aggressive monetary tightening cycle has ended.  The precious metal jumped as much as 1.2% on Tuesday as the consumer price index excluding food and fuel — a measure favored by economists as...


Gold held a gain as the dollar weakened further following the Federal Reserve’s latest policy meeting and bets that its aggressive monetary-tightening cycle is nearing an end. After increasing rates by another 25 basis points on Wednesday, Fed Chair Jerome Powell said policy makers...


Gold held gains after US employment added to signs inflation is easing, reinforcing the case for the Federal Reserve to start reining in its aggressive rate hikes.  The Fed is widely expected to raise rates by a quarter-point later Wednesday, slowing the pace of increases for...


Gold steadied near a six-week high as traders weighed the impact of the woes of Credit Suisse Group AG on the Federal Reserve’s interest-rate path.  Shares of the lender rebounded on Thursday as the Swiss central bank stepped in to provide support, easing concerns it could face further...


Gold was steady after edging higher in the previous session as US data indicating job market softness supported the case for rate cuts next year. Bullion traded near $2,030 an ounce after rising 0.3% in the previous session. The precious metal has settled after a tumultuous start...


Gold held Monday’s gain that came after data showed higher interest rates slowing the US economy, ahead of a much awaited labor market report. The precious metal steadied on Tuesday, after a 0.8% climb in the previous session as a gauge of US manufacturing activity showed a slump in...


Gold was steady after two days of gains that were driven by falling Treasury yields and worries that the US economy is stalling. Fears that the economy is headed for a painful slowdown are driving the view that the Federal Reserve will cut rates later this year, a positive for...


Gold prices eked out gains on Friday ahead of a long holiday weekend as investors awaited U.S. inflation data due later in the day that could offer some clues to the Federal Reserve rate-hike path. Spot gold rose 0.2% to $1,796.61 per ounce by 7:50 a.m. ET. U.S. gold futures gained 0.53% to...


Gold steadied near its lowest close in more than three months, with investors weighing the latest hawkish commentary from Federal Reserve Chair Jerome Powell. Markets raised bets on future Fed interest-rate hikes this year after Powell on Wednesday said policymakers could...


Gold held a drop as stronger-than-expected US economic data bolstered bets that the Federal Reserve could hike interest rates again this year. The metal was steady on Thursday after falling 0.5% in the previous session. US service-sector activity rose sharply in August — surpassing...


Gold was steady in Asia after falling 1.2% Thursday in the wake of data that showed the US economy remains resilient, stoking concern aggressive rate hikes will continue.  Bullion has dropped around 13% from a peak in March amid the Federal Reserve’s monetary tightening and hawkishness...


Gold held a drop that took some of the shine off a three-day surge of more than 5%, with the focus returning to the Federal Reserve following the Silicon Valley Bank-induced gains. Bullion is hovering around $1,900 an ounce after attracting haven buying in the wake of SVB’s collapse. With...


Gold steadied after dipping in the previous session, when it was impacted by US data that may deter the Federal Reserve from easing monetary policy early in 2024. The precious metal surged to an all-time high early this month as traders bet that the US central bank will start...


Gold steadied after two days of declines that pushed it to a two-week low, with the precious metal buffeted by a rising US dollar as its war-risk premium fades. Bullion is down more than 1% after exceeding $2,000 an ounce on Friday. While Israel’s Prime Minister Benjamin Netanyahu on Tuesday...


Gold held near the lowest in a week on pressure from a stronger dollar and the outlook for higher interest rates. Bullion has lost about a fifth of its value since hitting this year’s high in March, hurt by the Federal Reserve’s relentless interest-rate hikes. The metal steadied on Tuesday,...


Gold steadied after two days of declines that pushed it to a two-week low, with the precious metal buffeted by a rising US dollar as its war-risk premium fades. Bullion is down nearly 2% after exceeding $2,000 an ounce on Friday. While Israel’s Prime Minister Benjamin Netanyahu on Tuesday...


Gold held a decline that snapped a record-breaking run of gains after a hotter-than-expected US inflation print dented investor hopes of a Federal Reserve pivot to monetary easing in the coming months. After rallying for nine consecutive trading days, bullion closed 1.1% lower on Tuesday...


Gold steadied after falling for a second day, as fresh US inflation data indicated the Federal Reserve may implement further monetary tightening this year. The core consumer price index, which excludes food and energy costs, rose 0.3% in August from a month before, above the median...


Gold steadied after falling for a second day, as fresh US inflation data indicated the Federal Reserve may implement further monetary tightening this year. The core consumer price index, which excludes food and energy costs, rose 0.3% in August from a month before, above the median...


Gold steadied after falling for a fourth consecutive day, as Federal Reserve policymakers pushed back against expectations for aggressive monetary easing early in 2024. Minutes from the central bank’s December meeting released Wednesday showed policymakers agreed that it would be...


Gold steadied after a fourth straight decline as Federal Reserve policymakers pushed back against expectations for aggressive monetary easing early this year.  Minutes from the central bank’s December meeting released Wednesday showed policymakers agreed that it would be...


Gold Holds Decline Ahead of US Economic Growth Figures
Thursday, 21 December 2023 16:09 WIB | Gold

Gold steadied after dipping in the previous session ahead of US growth data that will provide fresh insight into the state of the economy. The precious metal surged to an all-time high of $2,135.39 an ounce early this month as traders bet that the Federal Reserve would rapidly cut...


Gold held a decline as traders awaited US economic data and meetings of major central banks this week that may provide clues on interest rates. The US consumer price index due later Tuesday will be closely watched for a clearer sense of whether the disinflation trend is continuing,...


Gold traded near this week’s lows following the release of minutes from the Federal Reserve’s June meeting that showed officials all but committing to raise interest rates again. The minutes indicated a majority of policymakers — “almost all” — agreed that more tightening will...


Gold held losses that pushed it back below $2,000 an ounce, with traders weighing expectations for further rate hikes against early signs that the US economy is stalling. The rate of inflation in the US appears to be slowing, the Federal Reserve said in its monthly Beige Book survey. A...


Gold held losses that pushed it back below $2,000 an ounce, with traders weighing expectations for further rate hikes against early signs that the US economy is stalling. The rate of inflation in the US appears to be slowing, the Federal Reserve said in its monthly Beige Book survey. A...


Gold held losses that pushed it back below $2,000 an ounce, with traders weighing expectations for further interest rate hikes against early signs that the US economy is stalling. The rate of inflation in the US appears to be slowing, the Federal Reserve said in its monthly Beige Book...


Gold held below $2,000 an ounce as traders continued to scale back bets for an interest rate cut by the Federal Reserve next month. The precious metal was little changed on Thursday and on track for a second weekly decline. Fed Vice Chair for Supervision Michael Barr said on Wednesday that...


Gold steadied below the key level of $2,000 an ounce, as investors weighed the direction of US interest rates and the dollar weakened. Bullion edged higher after coming under pressure Wednesday as Treasury yields rose following a report that showed US short-term inflation...


Gold steadied below the key level of $2,000 an ounce, as investors weighed the direction of US interest rates and the dollar weakened. Bullion edged higher after coming under pressure Wednesday as Treasury yields rose following a report that showed US short-term inflation...


Gold futures on Tuesday marked a modest rebound from losses seen a day earlier on the back of some weakness in the U.S. dollar and a pullback in Treasury yields. “The direction of yields and the U.S. dollar is likely to remain the key driver for gold prices, with next week’s [Federal Reserve]...


Gold was steady as investors weighed the latest hawkish comments from Federal Reserve officials that they won’t relent on tighter policy until inflation is under control. After investors initially cheered the softer-than-expected US inflation data last week, Fed officials emphasized...


Gold was steady after five weekly gains as recessionary risks bolstered the precious metal’s haven status. On Friday, poor company earnings and layoffs heightened concerns of an economic retraction, with profit warnings from several major firms souring sentiment. Traders are monitoring US...


Gold was steady after rallying almost 1% on Tuesday as concerns linger over the strength of the banking sector, which also weighed on the dollar. The weaker greenback helped to bolster bullion, which typically moves in the opposite direction to the currency. US financial...


Gold was steady after falling to the lowest in a week in response to hawkish comments by Federal Reserve Chair Jerome Powell, which triggered a shift in bets to a larger rate increase than markets previously expected.  The dollar and Treasury yields gained after Powell...


Gold was steady in Asia after rising 0.7% on Monday as data showed weaknesses in the US economy, increasing speculation the Federal Reserve is set to pause its rate-hike cycle. Bullion investors are once again focused on US monetary policy following the resolution of the debt-ceiling...


Gold steadied after rising 0.7% on Monday as data showed weaknesses in the US economy, increasing speculation the Federal Reserve is set to pause its rate-hike cycle. Bullion investors are once again focused on US monetary policy following the resolution of the debt-ceiling standoff....


Gold was steady after rising 0.7% on Monday as data showed weaknesses in the US economy, increasing speculation that the Federal Reserve is set to pause its rate-hike cycle. Bullion investors are again focused on US monetary policy following the resolution of the debt-ceiling standoff....


Gold held near the highest since May following comments from Federal Reserve officials that interest rates may have to rise more than markets expect. While swaps traders see a peak in rates below 5%, two Fed officials on Monday said the central bank will likely need to raise...


Gold held its gains after surging Wednesday as traders rushed to haven assets amid the turmoil at Credit Suisse Group AG and US data that complicates the Federal Reserve’s interest-rate path.  Fresh woes at the Swiss lender and the collapse of some regional US banks...


Gold prices held steady near the key $2,000 level on Monday, buoyed by safe-haven demand from an escalating Middle East conflict, as investors awaited the outcome from the U.S. Federal Reserve’s policy meeting this week. Spot gold was steady at $2,003.17 per ounce by 0245 GMT. U.S. gold futures...


Gold held gains to stay above $2,000 an ounce, buoyed by a weakening US dollar as traders weigh the prospects for rates after two Federal Reserve officials reiterated views that they need to keep climbing. Traders are pricing in further monetary tightening this year as inflation figures show...


Gold Holds Above $2,000 As Rally Stalls
Thursday, 20 April 2023 19:23 WIB | Precious metals

Gold prices traded higher on Thursday as a weekslong rally in the yellow metal appears to have stalled just above the $2,000-an-ounce level. Gold futures for June delivery gained $5.50, or 0.3%, to $2,031 an ounce on Comex. May silver rose 2 cents, or 0.1%, to $25.40 an ounce. June palladium...


Gold prices on Tuesday held above the key $1,900 level, as expectations grew that the Federal Reserve could pause its rate hikes after the collapse of two big U.S. regional banks. Spot gold was down 0.6% at $1,902.18 per ounce after rising more than 2% on Monday to hit its highest since Feb. 3....


Gold prices slipped on Tuesday from a more than five-week high, but held above the key $1,900 level as expectations grew that the U.S. Federal Reserve would dial back its rate hikes after the collapse of two big regional banks. Spot gold was down 0.3% at $1,906.75 per ounce, as of 0321 GMT, after...


Gold prices held above the $1,800 per ounce pivot on Wednesday as signs of cooling U.S. inflation lifted expectations the Federal Reserve will adopt a less aggressive policy stance later in the day. Spot gold was little changed at $1,807.24 per ounce. U.S. gold futures eased 0.4% to...


Gold scaled a three-week peak on Wednesday as traders bought zero-yield bullion in anticipation of U.S. interest-rate cuts next year, while a dip in the dollar and bond yields also supported prices. Spot gold was up 0.5%, at $2,077.01 per ounce its highest since Dec. 4 and on track to gaining...


Gold fell to the lowest in more than three weeks as UK inflation returned to double digits, intensifying pressure on the government and central bank to act. Gold fell as much as 0.9% to the lowest since Sept. 28 as data showed UK consumer prices in September matched a 40-year high...


Gold extended gains after surging 1.3% to the highest level since May on Tuesday, as comments from Federal Reserve officials bolstered bets it will start cutting interest rates next year. The dollar weakened and Treasuries added to their November rally after Governor Christopher Waller, one...


Gold extended gains after surging 1.3% to the highest level since May on Tuesday, as comments from Federal Reserve officials bolstered bets it will start cutting interest rates next year. The dollar weakened and Treasuries added to their November rally after Governor Christopher Waller, one...


Gold fell for a sixth straight day to the lowest in almost seven months, as the metal continued to test lower levels following hawkish signaling by the Federal Reserve. Treasury yields climbed on Monday after a US government shutdown was averted over the weekend, pushing gold down...


Gold fell for a sixth straight day to its lowest since March as the metal continued testing lower levels following hawkish signaling by the Federal Reserve. Treasury yields climbed Monday after a US government shutdown was averted over the weekend, pushing gold down. Bullion...


Gold prices rose to their highest levels in more than two weeks on Tuesday, aided by a weaker U.S. dollar and lower Treasury yields as investors look forward to minutes from the Federal Reserve's latest meeting for cues on its interest rate outlook. Spot gold was up 0.7% at $1,991.37 per ounce,...


Gold prices rose to an over two-week high on Tuesday, as the U.S. dollar dipped on expectations that the Federal Reserve is done hiking interest rates, while investors awaited minutes from the central bank's latest meeting for further policy cues. Spot gold climbed 0.5% to $1,987.79 per ounce, as...


Gold prices dropped to a more than one-month low on Wednesday, beaten down by an assurgent U.S. dollar as markets made adjustments to a rising interest rate scenario. Spot gold was down 0.3% at $1,894.98 per ounce, hitting its lowest level since Aug. 22. U.S. gold futures eased 0.3% to...


Gold Hits One-Week High on Expectations of Fed Rate Cuts
Wednesday, 15 November 2023 19:38 WIB | Gold

Gold prices rose to a more than one-week high on Wednesday as the U.S. dollar and Treasury yields weakened after cooler inflation data boosted bets that a U.S rate cut might come sooner than earlier priced in by investors. Spot gold rose 0.4% to $1,970.45 per ounce at 1224 GMT, after earlier...


Gold climbed to a record high to extend a sharp rally fueled by indications the Federal Reserve will cut interest rates this year. Bullion rose to a peak of $2,161.48 an ounce, after adding nearly 6% in the previous six sessions. A gain on Thursday would mark the longest run of daily...


Gold set a new record, while other precious metals also chalked big gains, after Federal Reserve Chair Jerome Powell reiterated the US central bank will likely cut interest rates this year. Bullion hit a fresh high of $2,149.25 an ounce, while palladium broke the $1,000-an-ounce mark to post...


Gold prices advanced on Thursday to the highest level for a most-active contract in more than nine months as investors bet that the Federal Reserve would soon conclude its campaign of interest-rate hikes with one final move in March. Gold prices for April delivery rose by $26.70, or 1.4%, to...


Gold prices on Thursday hit record peaks for the fifth time this month after the U.S. Federal Reserve anticipated three rate cuts in 2024 despite high inflation. Spot gold was up 0.8% at $2,202.39 per ounce at 1318 GMT after hitting an all-time high of $2,222.39 earlier in the session. U.S. gold...


Gold prices hit an eight-month high on Monday, as the dollar slipped on bets for slower U.S. interest rate hikes, while investors also cheered top bullion consumer China reopening its borders. Spot gold rose 0.4% to $1,873.72 per ounce by 0951 GMT, its highest since May 9, 2022. U.S. gold futures...


Gold steadied after touching a six-month peak on Tuesday, as expectations of an end to the U.S. Federal Reserve's interest rate hike cycle kept the dollar and bond yields under check. Spot gold was little changed at $2,014.12 per ounce by 0412 GMT, after hitting its highest since May 16. U.S....


Gold prices hit a more than six-month high on Monday, firming above the $2,000 per ounce level, as a weaker dollar and expectations of an end to U.S. interest rate hikes lifted demand. Spot gold was up 0.5% at $2,012.33 per ounce by 1147 GMT, after reaching its highest since May 16 at $2,017.82....


Gold prices fell to their lowest level in more than five weeks on Monday as the dollar and bond yields strengthened ahead of the U.S. Federal Reserve’s July meeting minutes this week that could guide expectations on future interest rates. Spot gold was down 0.1% at $1,912.13 per ounce, as of 0356...


Gold prices surged on Monday, hitting a 4-week high as the U.S. dollar weakened and Treasury yields declined after the Federal Reserve and other U.S. authorities stepped in to try and prevent a banking crisis from spreading. Gold prices for April delivery gained $26, or 1.5%, to $1,894 per ounce...


Gold prices traded at three-month lows on Thursday, coming under pressure from renewed strength in the dollar and Treasury yields after Federal Reserve Chair Jerome Powell said more interest rate hikes were likely. Fears of more rate hikes also dented copper prices, while traders sold the red...


Gold climbed to a three-month peak on Friday, en route to a second straight weekly rise, as fears of a further escalation in the Middle East conflict bolstered safe-haven demand. Spot gold was up 0.1% at $1,976.10 per ounce, after hitting its highest since July 20. U.S. gold futures added 0.4% to...


Gold prices advanced to their highest in about two months on Thursday, driven by U.S. dollar’s weakness and growing expectations that the Federal Reserve would conclude its aggressive rate-hiking cycle at its meeting next week. Spot gold gained 0.2% to $1,981.89 per ounce, close to its highest...


Gold prices fell on Friday and were set to end the week lower as a spike in U.S. Treasury yields rattled markets, while copper prices trimmed some of their losses for the week after major commodity trader Trafigura warned of a severe shortage of the red metal. 10-Year U.S. Treasury yields jumped...


Gold prices held in a narrow range on Friday as investors stayed on the sidelines awaiting a key U.S. inflation print later in the day that could set the tone for the Federal Reserve policy meeting next week. Spot gold rose 0.2% at $2,023.39 per ounce by 7:14 a.m. ET, down 0.3% so far this week....


Gold headed for a weekly gain on the last trading day of the year, as investors doubled down on bets that the Federal Reserve will start to unwind its restrictive stance on monetary policy in 2024.  Bullion was steady in early Asia hours, after edging lower in the previous session as...


Gold headed for its first annual gain in three years as investors doubled down on bets that the Federal Reserve will start to unwind its restrictive monetary policy stance in 2024.  Bullion was steady on the final trading day, putting it on track to end the year about 13% higher. On...


Gold headed for its biggest weekly loss since early February after major central banks signaled they’d need to stay hawkish for longer to bring down inflation.  Bullion was steady Friday after a run of four daily losses that’s pushed it down 2.2% this week. Federal Reserve Chair...


Gold headed for a weekly loss, after solid US data in recent days reinforced the case for the Federal Reserve to keep rates elevated, denting the precious metal’s allure. A higher-for-longer rate environment is now looking increasingly likely after applications for US unemployment...


Gold headed for a weekly loss, after solid US data in recent days reinforced the case for the Federal Reserve to keep rates elevated, denting the precious metal’s allure. A higher-for-longer rate environment is now looking increasingly likely after applications for US unemployment...


Gold headed for a weekly loss after solid US economic data in recent days reinforced the case for the Federal Reserve to keep rates elevated, denting the precious metal’s allure. The metal edged higher Friday as the dollar weakened slightly. The greenback is still on...


Gold headed for a weekly loss after solid US economic data in recent days reinforced the case for the Federal Reserve to keep rates elevated, denting the precious metal’s allure. The metal edged higher Friday as the dollar weakened slightly. The greenback is still on track for its eighth...


Gold edged lower, trimming a weekly gain that has pushed the metal near a record high on bets that the Federal Reserve is approaching the end of its rate-hike cycle. Bullion is up 1.4% this week, after rallying on Thursday as weaker-than-expected US producer-price data bolstered...


Gold headed for a modest weekly gain, while keeping within a narrow band, after fresh comments from a slew of Federal Reserve officials that failed to clarify when the US central bank would pivot to monetary easing. Bullion held close to $2,022 an ounce even as the parade of Fed speakers...


Gold was on track for a weekly gain as soft US economic data fueled optimism the Federal Reserve’s most-aggressive hiking campaign in decades is at an end. Continuing applications for US unemployment benefits rose to the highest in almost two years during the week that ended Nov....


Gold was on track for a weekly gain as soft US economic data fueled optimism the Federal Reserve’s most-aggressive hiking campaign in decades is at an end. Continuing applications for US unemployment benefits rose to the highest in almost two years during the week that ended Nov....


Gold was on track for a weekly gain as soft US economic data fueled optimism the Federal Reserve’s most-aggressive hiking campaign in decades is at an end. The metal climbed on Friday as the dollar and Treasury yields kept falling. Data Thursday showed continuing applications for US...


Gold was on track to notch a second weekly gain, supported by US dollar weakness as markets continued to price in expectations for looser monetary policy in the world’s biggest economy next year. Bullion edged higher to trade just below the key level of $2,000 an ounce, with strength buoyed...


Gold was on track to notch a second weekly gain, supported by US dollar weakness as markets continued to price in expectations for looser monetary policy in the world’s biggest economy next year. Bullion edged higher to trade just below the key level of $2,000 an ounce, with strength buoyed...


Gold prices edged lower on Friday, and were on track for their first weekly drop in four over concerns that the Federal Reserve might defer interest rate cuts beyond June after data showed a higher-than-expected rise in inflation. Spot gold dipped more than 0.1% to $2,157.79 per ounce. U.S. gold...


Gold headed for a second straight weekly decline as persistent inflationary pressures in the US increased the likelihood that the Federal Reserve will keep tightening monetary policy. On Thursday, data showed both the producer price index for final demand and retail sales grew more...


Gold is set for its first weekly loss in a month ahead of a US jobs report that may be key to steering bets on the future of monetary policy. Bullion traded little changed near $2,030 on Friday after retreating from a record high reached in a chaotic trading session earlier this week....


Gold was on track for its first weekly loss in four after retreating from a record high on Monday on signs investors may have gotten overly optimistic about the timing of US rate cuts. Bullion edged higher on Friday ahead of US non-farm payrolls data that may prove key in shaping...


Gold futures ticked higher Friday, but remained on track for a weekly loss in the face of rising Treasury yields and a stronger U.S. dollar. Gold for December delivery rose $4.90, or 0.3%, to $1,947.40 an ounce on Comex. The yellow metal was set for a weekly fall of 1%. December silver gained...


Gold headed for a second straight weekly loss after mixed US data muddied expectations for the Federal Reserve’s easing path. After falling in the wake of Tuesday’s hotter-than-anticipated inflation reading, bullion climbed back above $2,000 an ounce on Thursday...


Gold was on track for its fourth consecutive weekly loss, driven lower by increasing market expectations that the Federal Reserve will further tighten monetary policy.  Since climbing to near a record high in early May, bullion has slid about 7% as a raft of US data indicates the...


Gold was on track for its fourth consecutive weekly loss, driven lower by increasing market expectations that the Federal Reserve will further tighten monetary policy.  Since climbing to near a record high in early May, bullion has slid about 7% as a raft of US data indicates the...


Gold was on track for its fourth consecutive weekly loss, with the dollar-denominated metal pressured by expectations of further rate hikes in the US ahead key employment data. Since climbing to a near record in early May, bullion has slid about 7% as a raft of US data indicates the Federal...


Gold headed for a fourth weekly gain following data that showed US inflation is cooling, buoying expectations the Federal Reserve will rein in aggressive interest-rate hikes.  Bullion notched an eight-month high on Friday as the dollar weakened, extending a rally that started in...


Gold headed for a fourth weekly gain following data that showed US inflation is cooling, buoying expectations that the Federal Reserve will rein in aggressive interest-rate hikes.  Bullion notched an eight-month high on Friday, extending a rally that started in early November...


Gold headed for a fourth weekly decline, the longest such run in a year, on speculation that the Federal Reserve may not be done with raising interest rates. A robust US jobs report on Thursday suggested the resilient economy is making employers reluctant to reduce...


Gold prices were on track for their first weekly fall in four after the dollar firmed, although they held steady on Friday as markets looked ahead to key U.S. jobs data to gauge the chance of a rate cut by the Federal Reserve as early as March. Spot gold edged 0.1% higher to $2,030.09 per ounce...


Gold prices were on track for their first weekly fall in four after the dollar firmed, although they traded steadily on Friday ahead of a key U.S. jobs data to gauge the potential of a rate cut by the Federal Reserve as early as March. Spot gold edged 0.2% higher to $2,031.31 per ounce by 0419...


Gold steadied on Tuesday on caution ahead of the Federal Reserve’s policy meeting this week, but held on track for its biggest monthly rise since November last year as the Israel-Hamas war boosted safe-haven bets. Spot gold was unchanged at $1,996.11 per ounce, having spiked as high as $2,009.29...


Gold prices on Friday were set for their best week in seven, as the dollar and Treasury yields retreated, while traders awaited key U.S. jobs numbers due later in the day to gauge timing on when the Federal Reserve could start cutting interest rates. Spot gold was flat at $2,053.09 per ounce by...


Gold prices looked set to climb for a third straight day on Tuesday, what would be the longest winning streak for the yellow metal in more than a month as a rally in the U.S. dollar stalled and Treasury yields ticked lower. Gold futures for December delivery gained $7.90, or 0.4%, at $1,930 per...


Gold prices inched lower on Friday, although futures were still on track for their best week since March after a batch of encouraging U.S. inflation data helped drag the dollar to its lowest level in more than a year. Gold futures for August delivery  shed $3, or 0.2%, to $1,961 per ounce on...


Gold prices rose on Friday as a rally in U.S. dollar and Treasury yields stalled, but was on track for monthly and quarterly declines on increased hopes that the U.S. Federal Reserve would keep interest rates higher for longer. Spot gold rose 0.4% to $1,872.20 per ounce by 1030 GMT. U.S. gold...


Gold Gets Lift as Dollar Pulls Back
Friday, 3 March 2023 20:04 WIB | Precious metals

Gold futures rose Friday morning, and are on track for a weekly gain as the U.S. dollar pulled back after recent gains. Gold for April delivery rose $12.70, or 0.7%, to $1,853.20 an ounce, on track for a 2% weekly rise. May silver was up 1.3% at $21.17 an ounce, headed for a 1.1% weekly...


Gold advanced as the dollar slipped, with traders looking to the Federal Reserve meeting for fresh clues on when US monetary easing will start. Traders will look to the Federal Open Market Committee meeting on Wednesday in particular for indications on whether the central bank will start...


Gold prices jumped more than 1% on Tuesday, as the dollar and U.S. Treasury yields slipped on expectations the Federal Reserve will temper its rate-hike stance from next month. Spot gold was up 1.2% at $1,652.40 per ounce, its best day since Oct. 21. U.S. gold futures advanced 1% to...


Gold edged higher on Monday, supported by a weakness in bond yields as investors awaited U.S. inflation data, due later this week, for more clarity on the Federal Reserve’s interest rate path after a dovish pivot last week. Spot gold was up 0.2% at $2,023.13 per ounce, as of 0458 GMT. U.S. gold...


Gold advanced as a weaker dollar supported the metal, while a senior Federal Reserve official said that more rate hikes are coming. The US central bank’s aggressive monetary tightening this year has pushed up the greenback and bond yields while weighing on bullion, which is down...


Gold advanced as a weaker dollar supported the metal, spurred by an apparent easing of unrest in China over Covid curbs. Protests in China dissipated on Monday night after authorities responded with a heavy police presence and a quiet loosening of some Covid measures. The country...


Gold edged higher on a weaker dollar as traders waited for US economic data that may provide clarity on the outlook for monetary easing. Bullion resumed gains after declining 0.4% on Monday, and has traded in a relatively tight band this month as investors seek further clues on whether the...


Gold edged higher on a weaker dollar as traders waited for US economic data that may provide a steer on the outlook for monetary easing. Bullion resumed gains after declining 0.4% Monday. It has traded in a relatively tight band this month as investors seek further clues on whether the...


Metal prices rise, with gold gaining on lingering inflation concerns and copper making fresh advances on signs of strong buyer interest. Gold futures are up 0.3% at $2,166.3 a troy ounce. The precious metal's performance last week was volatile, but it is still up 0.1% on-week and 5.7%...


Gold prices rebounded on Tuesday as benchmark U.S. Treasury yields pulled back, while investors awaited economic data for guidance on interest rates and monitored growing tensions in the Middle East. Spot gold was up 0.2% at $1,976.99 per ounce by 03.49 GMT, while U.S. gold futures was steady at...


Gold prices edged up on Wednesday, supported by a slightly weaker U.S. dollar ahead of a critical inflation report that could offer some clues on whether the Federal Reserve will begin cutting interest rates this year. Spot gold edged up 0.3% to $2,035.23 per ounce, as of 0929 GMT. U.S. gold...


Gold Gains on Softer Dollar, US Inflation Data on Radar
Wednesday, 10 January 2024 19:05 WIB | Gold

Gold prices edged up on Wednesday, supported by a slightly weaker U.S. dollar ahead of a critical inflation report that could offer some clues on whether the Federal Reserve will begin cutting interest rates this year. Spot gold gained 0.2% to $2,033.90 per ounce, as of 1148 GMT. U.S. gold...


Gold prices rose on Thursday as the dollar slipped, while investors looked forward to the crucial U.S. payrolls data later this week that could offer more clues on the Federal Reserve's interest rate trajectory. Spot gold rose 0.3% to $2,030.20 per ounce by 0748 GMT. U.S. gold futures was steady...


Gold prices rose on Thursday to near an eight-month peak, helped by a weaker dollar, as investors braced for a U.S. inflation report expected to provide clues to the Federal Reserve’s rate-hike path. Spot gold rose 0.5% to $1,885.85 per ounce, after hitting its highest since early May at...


Gold prices firmed on Monday as growing concern over the Middle East bolstered bullion’s safe-haven appeal while markets await this week’s U.S. Federal Reserve policy meeting for a steer on interest rate expectations. Spot gold gained 0.8% to $2,034.90 an ounce and U.S. gold futures were up 0.9%...


Gold gained as the dollar edged lower and traders awaited Federal Reserve minutes due Wednesday for hints on the central bank’s monetary-policy tightening path. Bullion, which snapped a four-day retreat on Tuesday, has been pressured this year by the Fed’s aggressive rate hikes. On...


Gold gained as the dollar edged lower and traders awaited Federal Reserve minutes due Wednesday for hints on the central bank’s monetary-policy tightening path. Bullion snapped a four-day retreat on Tuesday, after being put under pressure by the Fed’s aggressive rate hikes. On...


Gold is higher in early Asian trade after retreating overnight. In focus is the latest U.S. inflation data, which showed that consumer prices in August rose at the quickest pace in over a year. The figures suggest the Fed could stay on course to hold rates steady next week. DailyFx analyst Zain...


Gold futures rose Thursday, finding some breathing room as the U.S. dollar and Treasury yields extended a retreat following remarks a day earlier by Federal Reserve Chairman Jerome Powell indicating policy makers would likely deliver a smaller rate increase this month. Gold for February delivery...


Gold Gains Ground As Dollar Pulls Back
Tuesday, 29 November 2022 20:20 WIB | Precious metals

Gold futures moved higher Tuesday, finding support as the U.S. dollar pulled back versus major rivals. Gold for December delivery rose $15.60, or 0.9%, to $1,755.90 an ounce on Comex. December silver gained 38.5 cents, or 1.8%, to $21.30 an ounce. January platinum was up $11.80, or 1.2%, at...


Gold gained for a second day to remain above $2,000 an ounce, as investors awaited US inflation data that may offer a fresh insight into where the Federal Reserve will steer interest rates. The precious metal has rallied almost 1% since Tuesday’s start as the US dollar weakened. Eyes are now...


Gold futures posted a modest gain on Tuesday to mark another settlement at their highest in over two weeks, a day ahead of the Federal Reserve’s decision on interest rates. “A hawkish decision would be decidedly bearish for gold…while a dovish surprise would support a run beyond $2,000” for gold,...


Gold gained ahead of key US inflation data due later Thursday that could determine whether its two-month uptrend continues.  The Federal Reserve’s monetary tightening weighed on non-interest bearing gold last year, causing it to drop for seven months through October. It’s rallied around 15%...


Gold gained, hovering above $1,700 an ounce amid continued uncertainty over whether the US central bank will maintain its resolve to crush inflation by hiking rates. The precious metal has been whipsawed by changing views on the Federal Reserve’s monetary policy stance. It had gained almost...


Gold gained, hovering above $1,700 an ounce amid continued uncertainty over whether the US central bank will maintain its resolve to crush inflation by hiking rates. The precious metal has been whipsawed by changing views on the Federal Reserve’s monetary policy stance. It had gained almost...


Gold prices gained on Tuesday as a recent rally in the U.S. dollar and Treasury yields showed signs of fatigue ahead of crucial inflation and jobs data this week that could define the outlook for interest rates. Spot gold climbed 0.2% to $1,923.27 per ounce by 0645 GMT, hovering close to its...


Gold prices ticked higher on Wednesday as the dollar retreated from a one-month peak after U.S. Federal Reserve Chair Jerome Powell did not revert to a more hawkish stance despite last week’s stronger-than-expected jobs report. Spot gold was up 0.1% at $1,876.49 per ounce, as of 0351 GMT. U.S....


Gold edged higher on Thursday as Treasury yields fell after U.S. GDP data highlighted that pace of inflation slowed, while focus shifted to inflation data for further hints on the Federal Reserve's interest rate cut strategy. Spot gold rose 0.2% to $2,015.56 per ounce by 1:49 p.m. ET (1849 GMT)....


Gold rose for a second day as markets looked through higher-than-expected inflation data to focus on dovish commentary by Federal Reserve officials. Data Thursday showed US consumer prices rising slightly faster than the median economist forecast, causing the dollar and Treasury...


Gold rose from a five-week low ahead of US inflation data that may offer clues on the outlook for Federal Reserve interest-rate moves. After rallying from the end of October to the start of this month, bullion has since retreated amid signs that the Fed may need to stay hawkish for...


Gold erased early losses as the dollar rally paused, with traders digesting glooming economic forecasts and expectations of tighter monetary policy. The relentless rally in the greenback slowed amid global growth concerns while Treasury yields came off multiyear highs. That helped lift...


Gold advanced as traders parsed stronger-than-expected US economic data for clues on the Federal Reserve’s interest-rate trajectory. The US economy expanded in the fourth quarter by more than forecast, powered by resilient consumer spending that helped cap the strongest year of...


Gold prices rose on Monday, driven by expectations of interest rate cuts by the U.S. Federal Reserve this year, even as traders await inflation readings this week for confirmation on the timing of these reductions. Spot gold gained 0.5% to $2,174.51 per ounce as of 1:45 p.m. EDT (1745 GMT), while...


Gold gained as the dollar weakened amid continued uncertainty over whether the US central bank will maintain its resolve to crush inflation by hiking rates. The precious metal has been whipsawed by changing views on the Federal Reserve’s monetary policy stance. It had gained almost 4% in the...


Gold rose for a second day after Israel’s military said it made a limited ground raid of Gaza, fueling concerns of the conflict spilling over. Infantry and tanks entered northern Gaza to attack numerous cells before withdrawing, the Israeli Defense Forces said. A full invasion of...


Gold edged up after two consecutive weekly declines, as a raft of US inflation-linked data dented traders’ expectations that the Federal Reserve’s aggressive monetary-tightening cycle was nearing an end.  The central bank’s preferred inflation gauges unexpectedly...


Gold edged higher in its first trading day of the new year, with investors turning to the precious metal as a haven amid increasing concern the global economy will continue to slow in 2023. International Monetary Fund Managing Director Kristalina Georgieva on Monday warned that the global...


Gold rose from the lowest in over a week as the dollar and Treasury yields fell ahead of a Federal Reserve meeting where traders are looking for hints of a slowdown in rate hikes. A gauge of the greenback dropped 0.5% on Tuesday after three days of gains, providing relief for bullion which is...


Gold prices edged higher on Friday due to a weaker dollar, while investors held back making large bets ahead of U.S. inflation data and a slew of central bank meetings with key focus on the Federal Reserve. Spot gold was up 0.6% at $1,799.56 per ounce. U.S. gold futures rose 0.6% to...


Gold recovered from three-week lows on Friday aided by the dollar's retreat after better-than-expected Chinese data and a stronger euro, while traders focussed on the Federal Reserve's guidance on interest rates next week. Spot gold was up 0.4% at $1,917.60 per ounce by 1220 GMT, after hitting...


Gold rose on Monday, heading for its best session in nearly two weeks as the dollar retreated before this week’s key U.S. inflation reading that could influence the Federal Reserve’s interest rate decision later this month. Spot gold climbed 0.3% to $1,924.20 per ounce by 8:01 a.m. ET, while U.S....


Gold Gains as Dollar Eases Ahead of Fed Minutes
Wednesday, 3 January 2024 14:46 WIB | Gold

Gold prices ticked up on Wednesday, helped by a pullback in the dollar, while investors awaited minutes of the Federal Reserve’s latest policy meeting and U.S. jobs data for more clarity on the interest rate outlook. Spot gold was up 0.3% at $2,064.55 per ounce, as of 0454 GMT. U.S. gold futures...


Gold advanced on weakness in Treasuries and the dollar, as rising fears of a global economic slowdown boost the precious metal’s haven status. The gain comes after bullion last week traded near the lowest level since the end of September, dropping 3% amid expectations of more aggressive rate...


Gold rose on increased haven demand after tensions in the Middle East ramped up in the wake of the Hamas attack on Israel.  The precious metal gained as much as 1.2% in early Asian trading Monday, as markets brace for headwinds and volatility from the shock attack by Gaza...


Gold rose on increased haven demand after tensions ramped up in the wake of the Hamas attack on Israel.  The precious metal gained as much as 1.2% on Monday as financial markets braced for headwinds and volatility from the shock attack by Gaza militants. Oil surged as the conflict...


Gold rose to a one-month high after a US jobs report indicated wages were rising slower than forecast, taking the pressure off the Federal Reserve to hike interest rates. Nonfarm payrolls increased 187,000 in August, while hourly earnings rose slightly less than median...


Gold rose for a second day as tensions escalated in the Middle East after a report that the US was deploying missiles in the region, reigniting concerns about a potential spillover in the conflict that began earlier this month. The Pentagon has persuaded Israel to delay an invasion of Gaza...


Gold rose for a third day after the Federal Reserve’s latest meeting minutes showed officials support moderating the pace of interest-rate increases soon.  Bullion has been hurt by the US central bank’s aggressive monetary-tightening policy to curb inflation, which has pushed...


Gold rose for a third day as the dollar continued to decline, with the Federal Reserve’s latest meeting minutes showing officials support moderating the pace of interest-rate increases.  A “substantial majority” of policymakers believe slowing the pace of rate hikes will...


Gold rose for a third day as the dollar continued to decline, with the Federal Reserve’s latest meeting minutes showing officials support moderating the pace of interest-rate increases.  A “substantial majority” of policymakers believe slowing the pace of rate hikes will...


Gold edged higher after falling more than 2% in two days on signs that the Federal Reserve’s interest-rate-hiking cycle will extend later into the year. The metal traded around $2,000 an ounce on Tuesday, drawing support from dollar snapping a two-day rally. Traders are positioning for further...


Gold futures climbed on Friday, modestly paring their loss for the week. Prices for the precious metal "bounced into the middle of the week, on softer inflation data and hopes the Federal Reserve would be done with interest rate hikes soon," said Rob Haworth, senior investment strategist at U.S....


Gold futures tallied back-to-back session gains on Wednesday, but prices settled below $1,800 an ounce for a third consecutive session as traders await next week's Federal Reserve decision on interest rates. The technical outlook remains bullish for gold near term, but "if we see rates and the...


Gold Futures Up A Fourth Straight Session
Wednesday, 25 January 2023 01:47 WIB | Precious metals

Gold futures settled higher on Tuesday for a fourth straight session, at their highest since April. “Gold bulls continue to draw confidence from U.S. recession fears and expectations around a less aggressive Federal Reserve,” said Lukman Otunuga, manager, market analysis at FXTM. The precious...


Gold futures marked back-to-back session gains on Wednesday, marking another at their highest since mid-April. Michael Armbruster, managing partner at Altavest, attributes gold's strength to "a classic flight to safety given a world of uncertainty." Gold for June delivery settled at $2,037 an...


Gold futures finished higher on Monday, stretching their gains into a second consecutive session. The precious metal has seen prices climb, supported by Friday’s “mixed” U.S. labor markets data that put the U.S. dollar under some selling pressure, said analysts at ICICI Bank. The U.S. economy...


Gold futures were marginally higher on Friday after falling for three straight sessions, but higher global bond yields and a stronger U.S. dollar in recent days are likely to drive the yellow metal to its second weekly loss in three. Gold futures for December delivery gained $1.50, or 0.1%, to...


Gold futures finished slightly lower on Friday, but tallied a sixth weekly gain in a row after touching their highest level in nine months earlier this week, as the latest reading on U.S. inflation met with most market expectations. Gold prices for February fell 60 cents, or less than 0.1%, to...


Gold futures finished lower on Wednesday, giving up early gains seen in the wake of U.S. data showing a slowdown in wholesale inflation and retail sales to finish lower. The end of Federal Reserve tightening is approaching, “but a shallow recession might not be supportive of inflows for gold as...


Gold futures finished a few cents higher on Friday, leading to an only modest climb in prices for the week and the month of April. “Range-bound interest rates and equity markets likely mean the near term for gold will be driven by the U.S. dollar trends and emerging market buying,” said Rob...


Gold futures ended flat on Wednesday, a day after settling at their highest since early June. "Slower inflation, higher gold prices might seem an odd headline to anyone who believes precious metals need the cost of living to rise for the bullion market to jump," said Adrian Ash, director of...


Gold Futures Settle Modestly Higher
Tuesday, 1 August 2023 01:41 WIB | Gold

Gold futures settled higher on Monday amid optimism that major central banks are approaching the end of tightening cycles. Data showed on Friday that the Fed's favorite inflation gauge slowed to a two-year low in June, easing concerns about the outlook for interest rates. A firm dollar limited...


Gold prices kicked off August in the red as the appreciation of the U.S. dollar weighed on precious-metals prices even after the latest data on the U.S. manufacturing sector showed it contracted for the ninth consecutive month in July, while employment openings in the U.S. edged lower in...


Gold futures declined Wednesday to mark a third session loss in a row. Gold is currently "bearish," with prices trading below the 50-day moving average of $1,866.30, said Chintan Karnani, director of research at Insignia Consultants. Minutes from the Federal Open Market Committee's Jan. 31 to...


Gold futures declined on Thursday to tally a third session loss in a row. The next big event for gold, and indeed the dollar, is the U.S. CPI data next week, which "could influence the Fed's decision whether to hike [rates] further or not," said Fawad Razaqzada, market analyst at City Index and...


Gold futures finished lower on Monday, ahead of monthly data this week on U.S. inflation. Bullion traders want to know if core consumer price index data “will show persistence and raise the odds” that the Federal Reserve will not just hike rates in in July, but more likely also in September, said...


Gold futures settled lower on Thursday, pressured by strength in the U.S. dollar and Treasury yields on expectations for higher interest rates. Prices for the precious metal “got beat up after a round of hawkish Fed speak reminded investors that the risks of the Fed taking rates above 5% are...


Gold Futures Settle Lower As Dollar, Bond Yields Rise
Wednesday, 4 October 2023 01:15 WIB | Gold

Gold prices fell on Tuesday as the dollar climbed up and Treasury yields soared to 16-year high amid continued bets the Federal Reserve will hold interest rates higher for longer to tame inflation. Fairly upbeat U.S. economic data, and disappointing data from several parts of the globe...


Gold prices fell to more than 6-month lows on Monday, weighed down by a stronger dollar and higher bond yields amid bets the Federal Reserve will hold interest rates higher for longer to fight inflation. The dollar index surged to 106.94, gaining nearly 0.7%. Gold futures for December ended...


Gold futures finished lower on Monday, giving back a portion of last week's climb. "Gold's rebound will have to take a break until we know for sure if the [Federal Reserve] is done raising rates" at the July 26 monetary policy meeting, said Edward Moya, senior market analyst at OANDA." The labor...


Gold futures declined on Friday, failing to finish above the key $2,000-an-ounce level but ending higher for the month as well as the first quarter. Gold prices have been boosted this month by concerns about the banking sector, but the fallout from Silicon Valley Bank and Credit Suisse have...


Gold futures posted a third consecutive session gain on Tuesday, the longest streak of gains since mid-July. Prices found some support in the wake of a pullback in 10-year Treasury yields from their highest level since 2007 as investors await a speech from Federal Chairman Jerome Powell at the...


Gold futures declined on Wednesday to settle back below $2,000 an ounce. Worries about the U.S. debt ceiling debate and weak regional bank earnings failed to provide enough support to keep prices for the precious metal above that key level. "Gold is destined for record price highs," said Peter...


Gold futures declined on Thursday to settle at their lowest since mid-March. The gold market's monthly runaround on U.S. jobs data has started early with Thursday's blow-out ADP private-sector jobs estimate for June, said Adrian Ash, director of research at BullionVault. Coupled with the hawkish...


Gold futures declined on Monday, with prices for the most-active contract settling at their lowest since Sept. 29. A “resurgent greenback and dwindling faith in slower monetary tightening” led to losses for the precious metal, said Craig Erlam, senior market analyst at OANDA, in market...


Gold futures declined on Monday, easing back after posting four consecutive session gains. Investors await the November reading of the U.S. consumer price index Tuesday and Wednesday’s Federal Reserve decision on interest rates for clues on the next move for the precious metal. Gold for February...


Gold futures settle at their lowest in a week
Wednesday, 6 September 2023 00:35 WIB | Gold

Gold futures declined on Tuesday, with prices for the front-month contract settling at their lowest in about a week. The continued resilience in U.S. Treasury yields, along with the firmer U.S. dollar has served to pull gold prices down from their one-month highs of last week, said Michael...


Gold futures climbed on Thursday to settle at their highest since late April after data revealed that the U.S. cost of living in December fell for the first time since the onset of the pandemic in 2020. The data raised expectations for slower Federal Reserve interest-rate hikes and pressured the...


Gold futures climbed on Tuesday to settle at their highest in more than a year, buoyed by weakness in the U.S. dollar and Treasury yields following a monthly decline in U.S. job openings. A lower U.S. dollar and Treasury yields all point to the Federal Reserve "taking a pause on the inflation...


Gold futures climbed on Monday, giving up some early declines to settle at their highest in more than two weeks. The precious metal has been holding its ground, digesting prior gains, while “outside fundamental pressures,” such as overall strength in Treasury yields and strength in the U.S....


Gold futures settled lower on Friday, with strength in the U.S. dollar and Treasury yields pulling prices to their lowest settlement in a week, after two senior Federal Reserve officials said higher interest rates are needed to bring inflation down. Gold for December delivery fell $8.60, or 0.5%,...


Gold prices dropped to more than one-month low on Wednesday as the dollar gained in strength amid fading prospects of an early interest rate cut by the Federal Reserve after data showed a bigger than expected increase in U.S. retail sales in the month of December. The dollar index, which surged...


Gold futures ended sharply lower on Wednesday, with prices at their lowest in more than a week. Given how the market has have entered the blackout period for Federal Reserve speakers ahead of next week’s monetary policy meeting, and the rest of the week is light on U.S. data, “the precious metal...


Gold futures climbed on Monday to settle at their highest in about 11 months, with the precious metal getting a boost as a haven investment on growing concerns surrounding the banking crisis. Gold has been rallying “in part because of heightened uncertainty over the traditional banking system...


Gold futures finished at their highest in over a year on Thursday, after briefly touching highs above $2,000 an ounce. "Gold continues to find support on the dips as it remains supported by falling interest rate expectations, a weakening U.S. dollar, some safe-haven demand, as well as strong...


Gold Futures Settle at Fresh 3-Week Low
Thursday, 14 September 2023 00:39 WIB | Gold

Gold futures fell for a second session on Wednesday to settle at a fresh three-week low. The latest U.S. consumer price index data offered “little clarity” to the Federal Reserve’s policy outlook, said Han Tan, chief market analyst at Exinity. The uptick in core CPI may “keep bets of one more Fed...


Gold Futures Settle at a 5-Week Low
Tuesday, 14 February 2023 01:47 WIB | Precious metals

Gold futures posted a third straight decline on Monday to settle at their lowest in more than five weeks. Gold prices are slipping back towards support at the $1,850 area and 50 day short-term moving average as “rising short term yields and a stronger U.S. dollar act as a dead weight” on the...


Gold futures settle at a 3-week high
Wednesday, 30 August 2023 00:37 WIB | Gold

Gold futures marked their highest settlement in about three weeks on Tuesday. Prices got a boost from a softer dollar and lower Treasury yields on the back of the U.S. JOLTs data, said Craig Erlam, senior market analyst at OANDA. The Labor Department reported that U.S. job openings fell in July...


Gold futures climbed on Tuesday, topping $1,700 an ounce to settle at their highest price since Oct. 6, while silver futures marked their highest finish since June. “The fall in the U.S. dollar put additional pressure on gold and silver short positions” on Tuesday, said Peter Spina, president of...


Gold Futures Score Back-to-Back Gains
Tuesday, 12 September 2023 00:35 WIB | Gold

Gold futures settled higher Monday for a second straight session, supported by a pullback in the U.S. dollar. Investors await Wednesday’s U.S. CPI data, which can provide clues on the Federal Reserve’s interest-rate decision later this month. “Gold could have a make-or-break moment this week,...


Gold futures climbed on Tuesday to finish back above $2,000 an ounce after settling below that key mark for the past two trading sessions. If this week's U.S. economic data or next Wednesday's Federal Reserve decision "challenge the consensus forecast that rate cuts will start in the summer, gold...



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