Tag Archives: gold prices

The gold price has moved back to flat position on the day to print around $1,629.25 after moving between the $1,622.54 low and the $1,628.93 high for most of the session, reversing two losing sessions as the US dollar eased. At the time of writing the precious metal is trading …

The aggressive stance adopted by the US Federal Reserve and the anticipated rate hike in November’s FOMC meeting amid high inflation constitute some of the factors that do impact gold prices according to most economists and strategists.Investors are unlikely to grow their appetite for gold. There is a flat and …

Gold prices rose on Wednesday, supported by a slight decline in the dollar, as investors looked forward to the release of the minutes of the Federal Reserve’s monetary policy meeting for the month of September, as well as inflation data, for indications on the path of raising interest rates. And …

Gold prices fell slightly on Tuesday, weighed by gains in the dollar amid expectations of further interest rate hikes, while caution prevailed ahead of key inflation data due later this week. Spot gold prices fell 0.1% to $1,665.89 an ounce by 0612 GMT, after touching the lowest level since October …

The prevalent negative market sentiment on Monday coincided with broader Russian attacks on Ukraine, firing multiple missiles that targeted communication and energy targets in and around Kyiv.Economic Data The economic calendar featured no significant economic data during the US session. Other Developments The US dollar extended last week’s momentum and …

As US CPI data is eyed, gold prices dropped significantly lower on Monday. Not only did the price take out $1,675, but it has also made a low of $1,665.77, taking on a key support area as the markets remain focused on the hawkish stance of the Fed.Gold dropped from …

Gold prices, which rose on Friday as the dollar fell, are close to posting their worst quarterly drop since March last year, as central banks around the world stick to tight monetary policies. And gold rose in spot transactions on Friday 0.3 percent to $ 1665.99 an ounce by 1029 …

The gold price has started to find support and is back to trading near flat on the day at around $1,660.50, at the time of writing, efficiently escaping the earlier $1,641.57 low to the day’s high of $1,664.89. The US dollar continued to ease and spared its domination over rival …

Interviewed by Dubai TV, Mohammed Hashad, Head of Research and Development at Noor Capital and member of the American Association of Technical Analysts, shed light on the latest developments in the financial markets There was chaos in the currency markets, and we are talking now about the pound sterling at …

Gold prices pared losses on Thursday as the dollar retreated from a two-decade high, although pressure continued on the precious metal amid rising US bond yields and hawkish comments on interest rate hikes from the Federal Reserve. And gold fell in spot transactions 0.2 percent, recording 1670.40 dollars an ounce …