Gold fell on Monday morning in Asia, recouping some losses after heavy selling during the previous session as US bond yields tumbled. Gold futures were down 0.03% at $1,767.75, to offset losses after dropping 1.6% on Friday. The benchmark 10-year US Treasury yields also eased after rising to 1.5904% on …
Read More »Gold futures slide as prices eye strongest weekly gain since August
Gold futures fell on Friday, on pace to halt a three session climb, as Treasury yields and U.S. benchmark stock indexes rose, but the recent run-up in the precious metal set prices up to post the best weekly advance since August. The selloff Friday followed gold’s inability to hold above …
Read More »Gold futures count a second straight gain
With a small gain, gold futures settled on Monday, as Treasury yields eased back from their highest levels during the trading session.Bearish elements, such as the hawkish comments from the Federal Reserve last week and expectations for interest rate hikes, have been a prevalent factor governing the market’s sentiment.Investors do …
Read More »Canadian Stocks Fall on Drop in Commodity Shares
The Toronto Stock Exchange S&P/TSX index declined 92 points, or 0.4% to 20,602 on Thursday.This low has been driven by a drop in commodity-linked stocks as gold futures fell to one-month lows and as China reiterated plans to release more metals from its reserves.WTI crude stabilised near a 6-week high …
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