Gold rises above $2000 an ounce early Monday amid safe haven demand stemming from the escalating conflict in the Mideast ahead of Fed. Continue reading →
Gold poised for third weekly gain
Gold poised for a third consecutive weekly gain Friday as the conflict in the Middle East propped up prices while expectations that the Federal Reserve would leave interest rates high for some time pressured them. The yellow metal drifted down after the release of this morning’s inflation data. Continue reading →
Gold steady below $2,000 threshold
Gold steady below $2,000 threshold early Wednesday, sticking to elevation from the conflict in the Middle East and softer U.S. Treasury yields, but pressured by diplomatic efforts to keep the Israel-Hamas war from spreading and expectations that the Federal Reserve will keep interest rates high. Continue reading →
Gold declines from five-month high
Gold declines from a five-month high early Monday as investors switched their focus to upcoming economic data from the conflict in the Middle East. Continue reading →
Gold rises to three-month high on Middle East
Gold rises to three-month high early Friday, on the Middle East conflict between Israel and Hamas and speculation that Federal Reserve rate hikes may soon come to an end. Continue reading →
Gold rises on intensifying Mideast conflict
Gold rises early Wednesday on the intensifying Mideast conflict after hundreds of people died from a rocket attack Tuesday in Gaza that each side blamed on the other. Continue reading →
Gold digs in above $1900
Gold digs in above $1900 on Middle East conflict, after slipping from a one-month high early Monday as profit takers and technical sellers cashed in on the more than 3% rally in the previous session.  Continue reading →
Gold heads for best week in seven months
Gold heads for best week in seven months, rising above the $1900 mark early Friday on safe haven investing. Continue reading →
Gold tips up despite economic data
Gold tips up in Wednesday morning trading as safe haven buyers return to power the rally sparked by the Middle East conflict and treasuries subside despite this morning’s economic data showing inflation ticking up in September. Continue reading →
Gold rallies on Mideast conflict
Gold rallies on Mideast conflict, climbing over 1% early Monday as haven investors sought the yellow metal. Continue reading →
Gold drops on surprising jobs report
Gold drops on surprising jobs report. After drifting higher in early trading, the yellow metal dropped on fears that the Fed would increase its hawkish moves on interest rates. The DG spot price fell $10 an ounce, but quickly rebounded as Bulls stepped in to buy the dip. Continue reading →
Gold retreats from brief Morning peak
Gold retreats from a brief Morning peak that was powered by jobs data. The DG spot rose to $1830 on the news, then fell back $10 an ounce. Investors now await the release of the monthly U.S. jobs report for September on Friday for further direction. Palladium traded at a five-year low. Continue reading →
Gold falls near seven-month low
Gold falls to trade near a seven-month low early Monday amid a strong dollar and expectations that interest rates will remain high for some time. Continue reading →
Gold regains as Dollar stalls
Gold regains ground early Friday as the dollar stalls, but the yellow metal still heading for a quarterly decline amid speculation that the Federal Reserve will continue to keep interest rates high. Today’s inflation data gave gold a slight boost. Continue reading →
Gold ebbs as Interest Rate concerns boost
Gold ebbs as higher interest rate concerns boost dollar. The yellow metal drifted below the $1900 mark early Wednesday on increased speculation that the Federal Reserve will keep interest rates. Continue reading →
Gold steady ahead of inflation report as government shutdown looms
Gold steady ahead of inflation report early Monday as investors anticipated the release of a key inflation report Friday and and the government shutdown looms. Continue reading →
Gold rising from one-week low
Gold edged higher early Friday, rising from one-week low though it remained near a one-week low amid expectations that the Federal Reserve will continue its cycle of interest rate hikes for a bit longer. Continue reading →
Gold Steady as investors await Fed
Gold steady early Wednesday as investors await the Fed monetary policy decision this afternoon – expected to be a pause in interest rate hikes – and looked for guidance on whether the rate increase cycle would resume after this month’s Federal Reserve policy meeting. Continue reading →
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Gold steady ahead of Fed decision on hikes
Gold steady early Monday ahead of Fed decision, as investors expect a pause in interest rate hikes. Continue reading →
Gold Recovers from three-week lows
Gold recovers from three-week lows early Friday,iday aided by the dollar’s retreat after better-than-expected Chinese data. Traders now turn their eyes to next week’s meeting of the Federal Reserve for guidance. It’s widely expected that the Fed will leave interest rates unchanged. Continue reading →
Gold Bobbles on inflation report
Gold bobbles on the release of key U.S. inflation report as investors digest how the report’s uptick may influence the Federal Reserve’s plans for future interest rate increases. Continue reading →
Gold poised for weekly drop on dollar, yields
Gold poised for a weekly drop as speculation mounted that the Federal Reserve will keep interest rates high for some time, supporting the dollar and Treasury yields. Prices ticked higher Friday. Continue reading →
Gold steady near one-week lows on dollar, Treasury yields
Gold steady near one-week lows early Wednesday as gains in the dollar and Treasury yields pressured the yellow metal. Continue reading →
Gold ticks up on mixed jobs report
Gold ticks up on mixed jobs report and is poised for a second week of gains as economic data points to slowing inflation. Continue reading →
Gold boosts on key economic data
Gold boosts on this morning’s key economic data on employment and the GDP that reflects a slowing economy. Continue reading →
Gold steady ahead of economic reports
Gold relatively steady, tipping up slightly early Monday, shrugging off the comments from Federal Reserve Chairman Jerome Powell and European Central Bank President Christine Lagarde last week that interest rates should remain high, bolstered by the possibility of upcoming weak economic reports. Continue reading →
Gold Aims for Best Week in Six
Gold aims for best week in six weeks despite the dollar slipped rebounding early Friday to two-and-a-half-month highs. Now all eyes turn to Jackson Hole. Continue reading →
Gold over $1900 before Jackson Hole conference
Gold back over $1900 an ounce early Wednesday before the Jackson Hole conference as some investors did some bargain hunting while awaiting further signals on the state of the global economy at the end of the week. Continue reading →
Gold stagnant as investors await Jackson Hole
Gold stagnant just below the $1900 an ounce level as investors await news out of Jackson Hole during the annual gathering of central bankers at the end of the week. Continue reading →
Gold higher, but heads for fourth weekly dip
Gold higher rising from five-week lows early Friday as the dollar and Treasury yields fell from recent highs, but the yellow metal still heads for fourth weekly dip. Continue reading →
Gold tips down on housing data
Gold tips slightly down on strong U.S. housing data, sticking above the key $1,900 support level early Wednesday as Treasury yield rose amid speculation that the Federal Reserve may increase interest rates further. Continue reading →
Gold trades near five-week low
Gold trades near five-week low after faling early Monday amid an elevated dollar and bond yields as investors awaited the minutes of the Federal Reserve’s July policy meeting for further direction. Continue reading →
Gold trades near one-month lows after inflation report
Gold trades near one-month lows early Friday, pressured by a strong dollar and bond yields, even as the latest inflation report added to speculation that the Federal Reserve will pause its series of interest rate hikes next month. Continue reading →
Gold rebounds from one-month lows
Gold rebounds from one-month lows, edging up early Wednesday amid weakness in the dollar and bond yields ahead of the latest inflation report. Continue reading →
Gold ebbs ahead of next inflation report
Gold slightly ebbs ahead of next inflation report. The yellow metal ticked down as the dollar and treasuries gained ground early Monday as investors awaited the next key economic report on Thursday for signals on what the Federal Reserve will do next. Continue reading →
Gold reclaims some ground on jobs report
Gold reclaims some ground on this morning’s jobs report which came in lower than expected. Spot gold gained $10 an ounce on the news, but the yellow metal still looks headed for its worst week in six. Continue reading →
Gold rises on U.S. credit downgrade
Gold rises on U.S. credit downgrade, edging higher early Wednesday as the dollar and Treasury yields fell after Fitch Ratings relegated the U.S.’s top-level AAA credit rating to AA+. Continue reading →
Gold headed for best month since March
Gold little changed early Monday, and appears headed for its best month since March, as speculation grew that the Federal Reserve is nearing the end of its interest rate-increase cycle and the dollar weakened. Continue reading →
Gold Regained Ground on Key data
Gold regained ground on key inflation data that came in at low, yet expected level. While the yellow metal reclaimed the turf above the $1950 an ounce level, it looks headed for its biggest weekly decline in five weeks, after the dollar and Treasury yields rose on strong economic reports. Continue reading →
Gold holding steady ahead of Fed
Gold holding steady little changed early Wednesday ahead of the Fed monetary policy decision. Continue reading →
Gold steady ahead of rate decision
Gold steady ahead of rate decision, trading in a tight range early Monday as investors awaited Wednesday’s monetary policy announcement from the Federal Reserve amid heightened speculation that it’s likely to be the last interest rate hike in this cycle. Continue reading →
Gold aims for third weekly gain
Gold aims for third weekly gain, despite slipping on strong jobs data that dims the speculation that the Federal Reserve will halt its cycle of interest rate increases after next week’s meeting. Continue reading →
Gold reclaims ground near eight-week high
Gold reclaims ground near eight-week high buoyed by increasing expectations that the Federal Reserve is coming to the end of its interest rate hike cycle. Continue reading →
Gold steadies as dollar weakens
Gold steadies early Monday as dollar weakens on anticipation that the Federal Reserve will soon end its series of interest rate hikes kept a floor under Gold prices after reports last week that inflation was slowing. Continue reading →
Gold poised for best week since April
Gold still poised for best week since April, although it has slightly backed off from overnight highs. The bullion is getting support from data showing inflation has slowed making it less likely that the Federal Reserve will continue its aggressive monetary policy. Continue reading →
Gold gains on cooler inflation
Gold gains on this morning’s cooler inflation report. The yellow metal had been standing firm overnight on a softer dollar, then gained over $15 an ounce on the new data. Continue reading →
Gold dips ahead of this week’s economic data
Gold dips a bit from Friday’s spike inspired by the cooler-than-expected U.S. jobs report. The bullion takes a pause ahead of this week’s economic data as the dollar and treasury yields strengthen. Continue reading →
Gold gains ground on U.S. jobs report
Gold gains ground on this morning’s U.S. jobs report that gives hopes for a slowing of the Fed’s rate hike plan. The yellow metal still appears headed for a weekly decline. Continue reading →
Gold down on dollar amid light holiday trading
Gold down on stronger dollar early Monday amid light holiday trading as investors eye the Fed’s meeting later this week. Continue reading →
Gold gains slightly on inflation data
Gold gains slightly on inflation data as the dollar softens. The yellow metal still poised near its lowest level in four months. Continue reading →
Gold subdued ahead of Powell remarks
Gold fairly subdued near a three-month low early Wednesday ahead of Federal Reserve Chairman Jerome Powell remarks. Continue reading →
Gold gains on weaker dollar, geopolitical uncertainty
Gold gains early Monday, continuing its rebound from near the lowest level in more than three months, on a weaker dollar and geopolitical uncertainty. Continue reading →
Gold Regains Ground on Bargain Hunting
Gold regains ground on bargain hunting early Friday, but still appears headed for its biggest weekly drop since February amid expectations of further interest rate hikes by the Federal Reserve. Palladium tumbled to the lowest level since May 2019, but has since climbed back above teh $1300 mark. Continue reading →
Gold Weakens on Powell testimony
Gold weakens on Fed Chair Powell testimony after slipping early Wednesday on a stronger dollar.. Powell is set to speak this morning and tomorrow as part of his biannual report to congress. Continue reading →
Gold slips as dollar gains
Gold slips early Monday in light holiday trading, as the dollar gains amid the prospect of additional Federal Reserve interest rate hikes. Continue reading →
Gold lifts on weaker dollar
Gold lifts a tad on weaker dollar, but still headed for a weekly drop early Friday after the Federal Reserve indicated that additional interest rate hikes may be in the cards. Continue reading →
Gold higher on inflation report ahead of Fed
Gold higher early Wednesday on inflation report showing U.S. inflation growth eased in May, ahead of Fed meeting. The inflation data supports speculation that the Federal Reserve will keep interest rates unchanged. Continue reading →
Gold slips as investors await Fed meeting
Gold slips early Monday as the dollar strengthened and investors await direction from Wednesday’s Fed meeting.
Gold poised for weekly gain
Gold slips early Friday on stronger dollar, but still poised for a weekly gain as investors anticipated a pause in interest rate hikes at next week’s Federal Reserve monetary policy meeting. Continue reading →