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 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 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 early Wednesday as gains in the dollar and Treasury yields pressured the yellow metal. Continue reading →
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 this morning’s key economic data on employment and the GDP that reflects a slowing economy. Continue reading →
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 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 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 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 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 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 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 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, edging up early Wednesday amid weakness in the dollar and bond yields ahead of the latest inflation report. Continue reading →
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 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, 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 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 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 little changed early Wednesday ahead of the Fed monetary policy decision. Continue reading →
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, 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 buoyed by increasing expectations that the Federal Reserve is coming to the end of its interest rate hike cycle. Continue reading →
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 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 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 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 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 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 as the dollar softens. The yellow metal still poised near its lowest level in four months. Continue reading →
Gold fairly subdued near a three-month low early Wednesday ahead of Federal Reserve Chairman Jerome Powell remarks. Continue reading →
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 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 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 early Monday in light holiday trading, as the dollar gains amid the prospect of additional Federal Reserve interest rate hikes. Continue reading →
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 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 early Monday as the dollar strengthened and investors await direction from Wednesday’s Fed meeting.
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 →
Gold soft on stronger dollar ahead of next week’s Fed meeting. The bullion is trading in a tight range as investors awaited direction from next week’s U.S. monetary policy decision. Continue reading →
Gold retreats early Monday as the dollar gains after a strong U.S. jobs report on Friday. Continue reading →
Gold aims for best week in almost two months, despite strong jobs numbers taking a little wind out of the metal’s sails. Investors increasingly expect the Federal Reserve to pause its series of interest rate hikes to curb inflation which is giving the metal its drive. Continue reading →
Gold steadies but still heads for first monthly drop in three early Wednesday as the U.S. House of Representatives appeared poised to pass a bill to raise the U.S. debt ceiling, expectations mounted for another Federal Reserve interest rate hike in June and the dollar looks poised to set its best month since September 2022. Continue reading →
Gold dips slightly on this morning’s inflation data, after edged higher early Friday on a retreating dollar. The yellow metal is poised for a weekly decline as U.S. debt ceiling talks appeared to near resolution and amid speculation of the next moves by the Federal Reserve. Continue reading →
Gold rises early Wednesday, buoyed by haven investors on debt ceiling concerns and ahead of today’s Fed minutes. Continue reading →
Gold slips Monday as investors watch debt ceiling talks concerned that U.S. lawmakers won’t resolve their standoff in time. The yellow metal feeling pressured on news that U.S. President Joe Biden and House Speaker Kevin McCarthy will meet Monday. Continue reading →
Gold ticks up as the dollar slips early Friday, but the bullion is still headed for the biggest weekly drop since February as optimism that lawmakers would reach an agreement to raise the U.S. debt ceiling reduced haven demand for the precious metal. Continue reading →
Gold eases below $2,000 an ounce early Wednesday on hawkish Fed comments and a firmer dollar. Continue reading →
Gold lifts Monday on rising debt ceiling uncertainty but still pressured by comments from Federal Reserve officials indicating that the central bank may not be done with its series of interest rate hikes. Continue reading →
Gold pressured by steadying U.S. dollar and firmer yields, but supported by economic fears stemming from lawmakers’ standoff over the U.S. debt ceiling. The bullion is digging in above the $2,000 an ounce line. Continue reading →
Gold spiked on this morning’s key inflation report to over $2050 an ounce, then dropped a tad on profit-taking. Continue reading →
Gold aims for the biggest weekly jump in two months on hopes the Fed will pause its series of interest rate increases and amid uncertainty over a worsening U.S. banking crisis. However, the bullion’s momentum took a dip this morning on U.S. job statistics, backing off from near record levels. Continue reading →
Gold steady little changed above $2,000 an ounce early Wednesday ahead of today’s Fed decision, shrugging off this morning’s strong jobs report as investors await the day’s monetary policy announcement. Continue reading →
Gold back above $2000 an ounce on banking news as investors now look toward this Wednesday’s monetary policy decision from the Federal Reserve for further direction. Gold had slipped at the beginning of the trading day on a stronger dollar before climbing back. Continue reading →
Gold dips on this morning’s inflation report as rate hike next week seems more likely. However, the bullion is headed for a weekly and monthly gain, as a weaker dollar and economic concerns spurred haven investors. Continue reading →
Gold steady above $2000 ahead of key data early Wednesday amid recessionary fears as investors awaited a key inflation report on Friday, the last before the Federal Reserve’s next monetary policy decision. The yellow boosting slightly on ebbing dollar this morning. Continue reading →
Gold relatively steady ahead of next week’s Fed decision. The yellow metal stuck in tight range alongside the dollar amid dueling sentiment on Federal Reserve rate hikes. Continue reading →
Gold falls as dollar strengthens early Friday, making the yellow metal more expensive to holders of other currencies. Continue reading →
Gold slips on heightened Fed speculation, drifting lower early Wednesday as the dollar edged higher and investors eyed an interest rate increase in May. Continue reading →
