Gold builds to a new record high over the $2600 benchmark early Friday after rallying Thursday on the Federal Reserve’s mid-week interest rate cut. The bullion also getting a boost from on-going geopolitical concerns in the Mid-East. Continue reading →
Gold gains on a weaker dollar Wednesday and traded near a record ahead of the Fed’s rate decision in the afternoon. Continue reading →
Gold extended gains and traded around record levels early Friday amid optimism about Federal Reserve interest rate cuts next week after a number of data releases this week showed that the economy may be slowing. Gold has hit record highs in each of the past six months and gained about 24% so far in 2024. Continue reading →
Gold drifts a tad lower Wednesday despite this morning’s inflation report that reflects the continuing easing of that economic dynamic, which may influence next week’s Federal Reserve’s monetary policy decision. Continue reading →
Gold rose back above the $2500 mark Monday on rate cut expectations. Last week’s release of the key U.S. jobs report for August had cast doubt on how big the Federal Reserve’s long-expected interest rate cut next week will be. Continue reading →
Gold boosts on the August jobs report after rallying early Friday as it heads for a weekly gain as investors anticipate a Fed rate cut. Continue reading →
Gold steady ahead of jobs reports after experiencing an early morning dip. Investors await the release of some of the last major economic indicators due out before the Federal Reserve policy meeting later this month. Gold briefly lost ground early Wednesday due to an equity sell-off. DG spot gold fell 0.2% to $2,476.14 per ounce, hitting its lowest since Aug. 22nd, while gold futures were also down 0.2% to $2,519.10. Bulls quickly stepped in to buy the dip, reclaiming most of the lost ground. Continue reading →
Gold poised for a weekly and monthly gain early Friday supported by U.S. rate-cut bets and geopolitical uncertainty, as a key U.S. inflation measure comes in as expected. Continue reading →
Gold little changed Wednesday morning ahead of Friday’s economic reports. The yellow metal was steady above $2,500 an ounce but did lose a little ground on a stronger dollar. Continue reading →
Gold steady and little changed near record levels early Monday after surging in the previous session on Fed rate cut anticipation, after Fed Chairman Jerome Powell seemed to confirm the central bank’s plans to begin interest rate cuts next month. Continue reading →
Gold steady early Friday ahead of Powell remarks and remained above $2,500 an ounce after sliding from near-record levels in the previous session. Continue reading →
Gold little changed above $2,500 an ounce near Tuesday’s record high, bolstered by geopolitical tensions and speculation about an upcoming Federal Reserve interest rate cut. Continue reading →
Gold remains steady early Monday near record high reached at the end of last week on a softer dollar prompted by Fed speculation. Continue reading →
Gold poised for a weekly gain after a series of economic reports this week solidified expectations of an interest rate cut by the Federal Reserve in September. The yellow metal sticking close to $2,500 an ounce and an all-time high. Continue reading →
Gold steady Wednesday morning, near all-time high as key inflation data continues to point to a September interest rate cut by the Federal Reserve. Continue reading →
Gold steady Friday after volatile week. The yellow metal rose more than 1% in the previous session on interest rate-cut optimism and haven demand, but is still headed for a weekly drop. Continue reading →
Gold steady, sticking near the $2400 an ounce mark early Wednesday, after a volatile start to the week. The first few days saw the broader, global market reacting to worse-than-expected U.S. July job data and mounting speculation that the economy was on the brink of a recession. Continue reading →
Gold rallies Friday on easing jobs numbers that boosted Fed rate cut hopes. Gold futures are now firmly over the $2500 mark. Continue reading →
Gold rises early Wednesday ahead of Fed, and jobs reports. The bullion was poised to cap its biggest monthly gain since March amid speculation that the Federal Reserve will clearly indicate that interest rate cuts are imminent in its policy statement due out in the afternoon. Safe haven impulses driven by the latest violence in the Middle East is also giving the yellow metal a boost. Continue reading →
Gold hovers near $2400 an ounce Monday as the dollar slipped on expectations of Fed interest rate cut in upcoming months and U.S. President Joe Biden’s announcement that he wouldn’t seek reelection. Continue reading →
Gold heads for fourth weekly gain despite losing ground early Friday as the dollar strengthened. The precious metal remained near the $2400 mark amid speculation that the Federal Reserve will begin interest rate cuts in September. Continue reading →
Gold rallies early Wednesday extending gains to reach a new consecutive record high in as many days on speculation that the Fed will begin its long-awaited interest rate cuts in September. Continue reading →
Gold softens early Monday, getting support from haven demand after the assassination attempt against former President Donald Trump but pressured by gains in other assets, including the dollar and Treasury yields. Continue reading →
Gold slips briefly below $2400 on this morning’s inflation data but still aims for weekly gain. The yellow metal lost ground earlier Friday on profit taking after rallying in the previous session on a report showing that U.S. inflation cooled to the slowest pace in a year in June. Continue reading →
Gold slips early Monday on investor profit taking following a rally sparked by the June U.S. jobs report last week. Continue reading →
Gold jumps up on slowing jobs numbers that are strengthening expectations that the Fed will cut rates in September. The yellow metal hitting its highest level in a month on the news. Continue reading →
Gold edges higher Wednesday morning in holiday week trading as investors awaited further signals on monetary policy after Federal Reserve Chairman Jerome Powell said Tuesday that the country’s economy was on a “deflationary path.” Continue reading →
Gold steady early Monday after slipping in June, its first monthly decline since February, amid uncertainty about the direction of U.S. monetary policy. Continue reading →
Gold solidifies on this morning’s inflation data and is poised for a third straight quarterly rise. Continue reading →
Gold ticks down early Wednesday remaining subdued ahead of key inflation data due at the end of the week. The yellow metal slipping on higher Treasury yields, a firmer U.S. dollar and hawkish Fed comments. Continue reading →
Gold edges higher early Monday amid as softer Treasury yields slip while investors awaited further direction on monetary policy from key inflation data due at the end of the week. Continue reading →
Gold steady near a two-week high early Friday after rallying in the previous session on haven demand triggered by geopolitical uncertainty in the Middle East and Asia. The metal is also getting support from interest rate cut optimism. Continue reading →
Gold was little changed early Wednesday holding steady on holiday trading as the U.S. Juneteenth observance shuttered many financial markets. The yellow metal getting support from the softer U.S. retail sales data released yesterday that boosted expectations that the Federal Reserve will cut interest rates this year. Continue reading →
Gold slipped early Monday as profit-taking erased some of last week’s gains. The yellow metal posted its first weekly gain in four last week on U.S. interest rate cut hopes. Continue reading →
Gold steady early Friday ahead of consumer sentiment data, while getting a boost from slipping bond yields. The yellow metal has a volatile couple of days driven by economic news. Continue reading →
Gold ticks up on US May inflation data while investors await today’s Federal Reserve monetary policy statement. Continue reading →
Gold steadies Monday, clawing back above the $2300 line after posting its biggest loss since November 2020 on Friday. Continue reading →
Gold pressured in early morning trading by news that the Chinese central bank is halting buying gold and slipped again on the latest jobs data showing remarkably higher growth than expected. Before these unexpected reports, the bullion’s rally had flirted with $2400 an ounce. Continue reading →
Gold rises early Wednesday and again later in the trading day on jobs reports that indicate the U.S. job market is weakening, potentially encouraging a Federal Reserve interest rate cut sooner rather than later. Continue reading →
Gold little changed early Monday ahead of economic reports after a key inflation measure came in as expected for April. Continue reading →
Gold ticks up on the release of a key inflation measure, headed for fourth consecutive monthly rally. The DG spot price rose over $13 an ounce to $2358 on the news. Continue reading →
Gold slips off Tuesday’s rally as investors brace for inflation data coming later this week with the DG spot price drifting from $2360 an ounce early in the trading day to $2343. Tuesday’s rally ran out of steam on a firming dollar and Treasury yields. Continue reading →
Gold rose early Friday after spot gold hit its lowest point since May 9, but still headed for its first weekly fall in three as expectations for interest rate cuts began to fade following the hawkish tone adopted in the U.S. Federal Reserve’s latest minutes. Continue reading →
Gold slips but remained just below record highs early Wednesday as investors awaited the release of the minutes of the last meeting of Federal Reserve policymakers for further direction on monetary policy. Continue reading →
Gold surged to a new record high early Monday, extending last week’s gains, amid increased optimism about an eventual Federal Reserve interest rate cut and haven demand connected with the uncertainty in the Middle East. Continue reading →
Gold poised for its second consecutive weekly gain early Friday after a key inflation report this week renewed optimism about a Federal Reserve interest rate cut this year. The bullish turn provides support for silver and platinum, which are up 5.6% and 6.3%, respectively, for the week. The bullish charts sent DG spot gold back up over $2400 an ounce and DG spot silver over $30 an ounce. Continue reading →
Gold tips up on this morning’s key inflation report that may influence what the Federal Reserve does next on monetary policy. The yellow metal gained $10 an ounce on the report’s release.
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Gold rises early Friday and heads for its best week in five as economic data spurs Fed speculation that they would cut interest rates in the next few months. Continue reading →
Gold clinging above $2300 an ounce early Wednesday as the dollar fell but geopolitical tensions mounted. Continue reading →
Gold rebounded early Monday after posting two back-to-back weeks of losses. Continue reading →
Gold briefly rises on sluggish U.S. jobs report for April, but then lost altitude as equities lured investors. Gold appears headed for its first back-to-back weekly loss since February on concerns that the Federal Reserve will take longer than previously expected to cut interest rates because of high inflation. Continue reading →
Gold edges back above $2,300 as traders look toward the Federal Reserve’s policy announcement later today at the end of the central bank policymakers’ two-day meeting. The yellow metal boosted a bit this morning on positive jobs numbers. Continue reading →
Gold dropped early Monday amid waning expectations of an imminent Federal Reserve interest rate cut on persistently high inflation, following a higher-than-expected inflation report last week. Haven demand also lessened as U.S. Secretary of State Antony Blinken increased efforts to secure a truce in Gaza. Still, the yellow metal is sticking well above the $2300 mark. Continue reading →
Gold steady on this morning’s inflation data that came in a bit cooler than expected. The yellow metal still poised for a weekly loss coming off late week’s record highs that were driven by Middle East tensions. It’s the first weekly dip in six weeks. Continue reading →
Gold slips early Wednesday when easing Mideast tensions sparked hedge funds to reduce their holdings. The bullion sticking above $2300 an ounce, as investors awaited key inflation data due out Friday for further direction. Continue reading →
Gold falls early Monday from near a record high above $2,400 an ounce as geopolitical tensions lessen and expectations grew that the Federal Reserve will delay the central bank’s planned interest rate cuts. Continue reading →
Gold steady, little changed early Friday, headed for fifth weekly gain on support from geopolitical risk following an Israeli attack on Iran, but under pressure as the dollar and Treasury yields strengthened on remarks by a Federal Reserve official. Continue reading →
Gold reclaiming ground this morning near record-highs on concerns that the Middle East conflict could spread to other regions, and short-term support from a falling U.S. dollar. The bullion had dipped Tuesday after Federal Reserve Chairman Jerome Powell indicated it was unlikely that the central bank will cut interest rates anytime soon. Continue reading →
