Commodities

Gold prices fall 1.48% as US economic data showcases resilience, led by strong retail sales and industrial production figures. Hawkish tones from Fed officials Mester and Barkin contribute to rising US Treasury bond yields, further pressuring gold prices; trading at $1985. 76 per ounce at the time of writing. Upcoming …

Gold prices fell slightly on Tuesday after traders carefully weighed comments by Federal Reserve officials about keeping interest rates high, while talks on raising the US debt ceiling and the risk of default limited losses for bullion. Spot gold prices fell 0.2% to $2015.84 an ounce by 0452 GMT, while …

نور كابيتال | لقاء محمد حشاد على شاشه دبي – 15 مايو 2023 Dubai TV interviewed Mohammed Hashad, Director of Research and Development at Noor Capital and the member of the American Society of Technical Analysts, to comment on the most important developments in the financial markets and their impact …

Gold price is struggling to defend the week-start corrective bounce amid mixed sentiment. Anxiety ahead of the top-tier United States data, debt ceiling talks prod XAU/USD buyers. Meanwhile, the US Dollar bears take a breather amid hawkish Federal Reserve talks.Also challenging the XAU/USD’s week-start corrective bounce are the mixed updates …

Gold prices rose on Monday as talks to raise the US debt ceiling stalled and fears of an economic slowdown pushed some traders towards the precious metal, a safe-haven asset. And by 2049 GMT, spot gold rose 0.1 percent to $ 2013.79 an ounce, after falling for three sessions. US …

The dollar remained close to a peak of more than a week on Friday after a slew of data released overnight indicated a slowdown in the US economy, as investors bet the Federal Reserve would halt interest rate increases. The dollar index, which measures the performance of the US currency …

Gold prices retreat modestly heading into the weekend due to US dollar strength and rising US yields, but the medium-term outlook remains constructive. The jump in yields coincided with the release of the University of Michigan US Sentiment survey, which showed consumer attitudes sinking to a six-month low of 57.7 …

On Friday, crude oil prices retreated and were set to end the week lower for the third straight week, as the market balanced supply fears against renewed economic concerns in the United States and China.Brent crude futures fell 59 cents, or 0.8%, to $74.39 a barrel by 12:07 p.m. EDT …

Gold prices are set to decline for the third consecutive session on Friday, affected by rising bond yields and the dollar, but the yellow metal remained above the key level of $2,000 amid expectations of a rate cut at the end of the year. And by 1001 GMT, spot gold …

Gold prices fell on Friday as the dollar rose, but continued economic concerns and a standoff over the US debt ceiling capped losses for the yellow metal. By 0301 GMT, spot gold fell 0.3 percent to $2,010.29 an ounce, down 0.3 percent for the week. US gold futures fell 0.3 …