Tag Archives: Gold

Gold prices rose on Wednesday, August 4th, supported by the weak dollar, but the rise in precious metal prices remained in a narrow range, as investors awaited indications from the US jobs data regarding the recovery of the labor market. Spot gold rose 0.2% to $1,813.31 an ounce, while US …

Gold prices finished lower on Thursday, amid a fluctuating performance by the U.S. Dollar (USD) that edged higher into the positive territory. The yellow metal’s front-month futures lost $8, or 0.44%, to $1,810.10 per ounce. Since the beginning of the year, gold’s contract has declined by about $83.00 or 4.38%. …

Gold prices fell, moving in a narrow range, as investors held off making big bets focusing on important US jobs data due later in the week, a key indicator of the US Federal Reserve’s stance on policies ahead. And gold fell in spot transactions 0.1 percent to $ 1810.92 an …

Gold prices finished higher on Monday as the U.S. Dollar (USD) declined across the board with Treasury bond yields falling to their lowest level in about six months. The yellow metal remains supported by the mixed economic data are concerns over the spread of the novel coronavirus Delta variant. Gold …

Gold prices fell amid cautious investors awaiting the non-farm payrolls data for the month of July to be released on Friday to gauge the strength of the labor market, while the attractiveness of gold also limited the rally of stocks. And gold fell in spot transactions 0.3 percent to $ …

Gold prices declined on Friday, as the U.S. Dollar (USD) rebounded from its recent losses, but the yellow metal was able to maintain the key $1,800 level by the end of the week to register weekly gains. Front month futures closed lower by $18.60 or 1.02% at $1812.60 per ounce. …

Gold prices fell slightly during trading on Friday, but they remain near their highest levels in two weeks. With it heading to close the week with the highest rise since May 21, due to signs that the Federal Reserve is not ready to scale back its asset purchases program or …

Gold prices surged on Thursday, scoring its biggest daily rise in about five months, as the U.S. Dollar (USD) plunged across the board after the Federal Reserve vowed to maintain its accommodative policies until the economy recovers from the coronavirus crisis with a recovery in the labor market. The yellow …

Gold prices finished Wednesday down ahead of the U.S. Federal Reserve rate decision and moved lower after the release of the Fed’s policy statement amid a brief rise for the U.S. Dollar (USD). Taper talks had an immediate impact on the zero-yielding yellow metal, which remains relatively supported by inflation …

Gold prices rose on Wednesday, drawing support from the decline in stocks and the dollar, but the gains were limited while the market cautiously awaits what the US Federal Reserve’s assessments of inflation and economic growth will reveal. The spot price of gold was up 0.3% at $1804.69 an ounce. …