Tag Archives: bears

Gold price is down $27 to $1843, a 1.5% drop. This slump comes after last week’s rise of more than $30 following the CPI report. Today, the market is waiting for the Fed announcement this week. If they decide to deliver higher than a 50 bps rate hike, which would …

The price of gold fell on Monday, after rising to its highest level in a month earlier in the session after strong inflation data in the United States lifted Treasury yields and reduced the attractiveness of safe-haven gold. And the price of gold in spot transactions fell 0.4 percent to …

gold prices are soaring on Friday despite higher US yields and a stronger dollar. The Gold Index XAU/USD rebounded again at the $1830 but this time it broke $1850 and a few minutes later reach $1870, and even $1874 at the time of writing.Following the US May CPI report, XAU/USD …