Tag Archives: Gold

Gold prices rose on Tuesday, restoring some of its losses yesterday but failed to restore the $1,800 mark, with all eyes on the Federal Reserve policy meeting. With the U.S. Dollar (USD) moving into negative territory during the American session, the yellow metal was able to make some modest gains …

Gold prices finished below $1,800 and fell to its lowest level in about three weeks, amid anticipation fort the upcoming Federal Open Market Committee (FOMC) meeting by the U.S. Federal Reserve. The policy statement, which is set to be released on Wednesday, will set the tone for markets in terms …

Gold prices surged, boosted by lower US bond yields and worries about higher delta infections, as investors look ahead to this week’s fed meeting. Spot gold rose 0.3% to $1,806.80 an ounce. And US gold futures rose 0.3% to $ 1806.70. The rise in Covid-19 infections continued at the weekend, …

Gold prices declined on Friday, extending their weekly decline that snapped a four-week rising streak, amid the rise of the U.S. Dollar (USD) and an improvement in risk appetite among investors, who seem to be less worried about reflation and slow recovery concerns. However, the yellow metal was supported by …

Gold prices stabilized during trading Friday, July 23, but are heading for the first weekly decline in five weeks, as the rally in the dollar made the metal more expensive for holders of other currencies. The spot price of gold settled at $1807.45 an ounce by 06:34 GMT, recording a …

Gold futures for July delivery rose on Thursday, amid a deterioration in the risk appetite among investors after data showed a surge in jobless claims in the U.S., promoting more concerns about the recovery from the pandemic. The yellow metal’s gains also come amid fluctuations by the U.S. Dollar (USD) …

Gold prices fell on Thursday, July 22nd, to near the lowest level in more than a week, under pressure from a stronger dollar and rising risk appetite, while investors awaited the European Central Bank’s meeting scheduled for today. By 05:14 GMT, the spot price of gold was down 0.2% to …

Gold prices resumed losses on Wednesday, falling for the third time in four sessions, despite a mixed performance by the U.S. Dollar (USD) with lower demand for safe havens as stock markets surged to recover from earlier declines. The yellow metal’s front-month futures Gold for July delivery lost $8.00, or …

Gold prices fell, heading for losses for the second session in a row, as the dollar’s gains and the recovery of US Treasury bond yields weighed on the metal’s safe-haven attractiveness amid fears of the rapidly spreading Delta variant of the Coronavirus. The spot price of gold fell 0.2 percent …

Gold prices decreased on Friday, limiting its fourth consecutive weekly rise, amid fluctuations by the U.S. (USD) that seem to be struggling for direction after the recent remarks by the Federal Reserve Chair Jerome Powell relatively eased concerns about the recent surges in inflation. Gold futures front-month contracts for July …