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.
Continue reading →
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 →
Gold pauses after hitting Friday’s record-high as haven demand from geopolitical tensions support the yellow metal even as it came under pressure from investors’ delayed expectations about a Federal Reserve interest rate cut. Continue reading →
Gold surges to a new all-time high above $2,400 an ounce early Friday, headed for its fourth weekly gain driven by haven demand over geopolitical uncertainty and despite this week’s unexpectedly high inflation report. Continue reading →
Gold fades on this morning’s hot inflation report, but sticks above $2300 an ounce, after hitting an all-time high of $2,365.09 per ounce on Tuesday as investors sought a haven from risks related to inflation and geopolitical uncertainty. Continue reading →
Gold extends record breaking rally, rising early Monday, as momentum grew in the yellow metal, fueled by central bank buying and haven demand. Continue reading →
Gold retreats after reaching a new record high, as investors took profits after the precious metal rose above $2,300 an ounce on Thursday. The bullion slipped further on this morning’s positive job numbers. Continue reading →
Gold pauses after hitting another record high early Wednesday amid increased haven demand because of geopolitical and economic uncertainty. Gold rose to $2,288.09/ounce early in the trading day, but has pulled a bit back on as U.S. 10-year bond yields hover near four-month peak. Continue reading →
Gold hits new record high after Friday’s inflation report, rallying early Monday on reinforced bets that the Federal Reserve will begin cutting interest rates in June. Continue reading →
Gold edges up sticking near record highs early Wednesday as investors awaited key inflation data due out Friday for further indications on the timetable of the Federal Reserve’s anticipated rate cuts. Continue reading →
Gold rises early Monday as the dollar weakened amid hopes of a Federal Reserve rate cut in June. Continue reading →
Gold drops off record high early Friday as investors took profits and the dollar rose to a three-week high against rival currencies, putting it on track for a second weekly rise. Continue reading →
Gold was little changed early Wednesday with investors awaiting the release of the latest monetary policy statement from the Fed later today for further direction. Continue reading →
Gold slips early Monday on investors pushing out the anticipated rate cut timeline of expected interest rate increases from the Federal Reserve. Continue reading →
Gold slips early Friday after a second hot inflation report this week, pushing out analysts’ expected timeline on Federal Reserve interest rate cuts and pressuring gold prices as the dollar and Treasury yields strengthened. Continue reading →
Gold regains some ground early Wednesday, firming up after dropping more than $20 an ounce on Tuesday’s inflation report for February that came in hotter than expected, pressuring gold prices from near a record high. Continue reading →
Gold steady early Monday after hitting last week’s record high on Friday. Investors now await the latest inflation data for further signals on the timeline of U.S. interest rate cuts. Continue reading →
Gold hits record high over $2180 an ounce on mixed jobs data, heading for the biggest weekly rally in five months, as investors react to the key U.S. jobs report for February. Continue reading →
Gold sticks near all-time high, remaining solidly above the $2,100 an ounce threshold early Wednesday, boosted by this morning’s jobs report, as investors awaited testimony from Federal Reserve Chairman Jerome Powell. Continue reading →
Gold remains near a two-month high, hovering around the $2,100 an ounce benchmark, as speculation firmed that the Federal Reserve will cut interest rates in June after a series of economic reports last week. Continue reading →
Gold eyes second weekly gain in Friday morning trading after hitting a one-month high earlier in the market day as the latest U.S. data pointed to signs of slowing inflation, bolstering investor expectations of an interest rate cut by the Federal Reserve in June. Continue reading →
Gold steady early Wednesday, battling a stronger dollar as investors awaited the latest inflation and GDP data for further direction. The dollar index rose 0.3%, its best session since Feb. 13. Continue reading →
Gold slips early Monday amid profit taking following last week’s rally and anticipation that the Federal Reserve will keep interest rates high for a few more months. Continue reading →
Gold poised for weekly gain after edging higher early Friday on a weaker dollar and geopolitical uncertainty, including the ongoing conflicts in the Mideast and Ukraine. Continue reading →
Gold ticks up but still sticking in a tight range Wednesday morning ahead of Fed minutes as markets eye Middle East tensions. Continue reading →
Gold rebounds near one-week high in holiday trading after posting two consecutive weekly losses on signs that the Federal Reserve will hold interest rates elevated for a few more months. The yellw metal getting support from a weakened dollar and Middle East tensions. Continue reading →
Gold heads for second weekly drop on this morning’s inflation data, following a series of economic reports that have investors rethinking the timeframe of the Federal Reserve’s expected interest rate decreases. The DG spot price dropped just below the key psychological $2000 an ounce level on the inflation report. Continue reading →
Gold hovers near $2000 early Wednesday, after falling with equities in the prior session, as inflation data came in hotter than expected in January. Continue reading →
Gold edges down within a tight range early Monday as the U.S. dollar boosts. The markets await Tuesday’s release of key inflation data for further direction. Continue reading →
Gold slips in Friday morning trading despite inflation data that shows December had even lower inflation than initially reported. The bullion is under pressure from a stronger dollar and stock market. Continue reading →
Gold steady early Wednesday as the market awaits direction and more Fed signals on the timing of expected interest rate increases from a series of scheduled remarks by Fed officials. Continue reading →
Gold drops early Monday after Federal Reserve Chairman Jerome Powell remarks on Sunday that the central bank will move at a slower pace than the market expects to cut interest rates. Continue reading →
Gold slumps on positive jobs data but still holding weekly gain. DG spot gold fell $23 an ounce on the key U.S. monthly jobs report for January. Continue reading →
Gold rises steadily overnight on haven demand after the attack on U.S. troops in Jordan. The yellow metal’s rebound sparked by the spread of Middle East strive follows a second consecutive weekly drop. Continue reading →
