Gold prices rose on Wednesday, December 30, as the dollar fell, while investors ignored the Republican majority leader’s decision to postpone a vote in the US Senate on larger payments to mitigate the repercussions of the Coronavirus pandemic. Spot gold rose 0.2% to 1,881.62 dollars an ounce. And gold in …
Read More »Gold Ends Tuesday on Slim Gains
Gold prices rose on Tuesday, supported by the decline of the US Dollar (USD) and a soft performance by the stock markets after opening Monday at record highs on the back of optimism following the approval of a new stimulus package in the United States. Gold futures for February delivery …
Read More »Gold rises as US Dollar Weaken Ahead of the US Senate Vote on Stimulus
Gold prices rose on Tuesday, December 29th, buoyed by the dollar’s decline, as investors’ eyes turned to the US Senate vote on an increase in aid linked to the pandemic, but rising Asian stocks limited the gains. This rose gold in immediate transactions 0.4% to 1877.66 dollars an ounce. The …
Read More »Gold Finishes Lower After Nearing $1,900
Gold prices ended Monday lower, opening the week with a negative performance after rising earlier in the first session of the week following Christmas. The decline of gold prices comes as the US Dollar (USD) is showing some rebound sings, despite the passing of a new stimulus package. Gold futures …
Read More »Gold Reaches Weekly High On US package Approval
Gold prices rose by up to 1.3% today, Monday, as investors welcomed the signing of US President Donald Trump’s long-awaited aid package for those affected by the pandemic, as well as additional support provided by the falling dollar. With the close of the Japan Stock Exchange, the spot price of …
Read More »Gold Records First Weekly Decline in a Month
Gold prices rose on Thursday for the second consecutive session, ahead of the Christmas holiday. On a weekly basis, the yellow metal futures registered its first fall in four weeks, after three rises in a row. Gold futures for February delivery gained $5.10, or 0.3%, and closed at the level …
Read More »Gold Rising, Supported by US Dollar’s Decline and Hopes For Stimulus
Gold prices rose Thursday, December 24th, as the dollar fell and investors are betting on more stimulus in the United States, despite President Donald Trump’s threat not to sign a long-awaited aid package linked to the pandemic. Spot gold rose 0.2% to $ 1875.20 an ounce by 07:22 GMT, after …
Read More »Gold Rises After Two Declines
After two consecutive declines this week, gold prices rose on Wednesday, supported by a decline by the US Dollar (USD) on the back of mixed economic data. Gold futures for February delivery rose by $7.80, or 0.4%, to finish at $1,878.10 per ounce. Meanwhile, Silver futures for March delivery added …
Read More »Gold Rises as The Dollar Falls After Trump Threatens Not to Sign The Stimulus
Gold prices rose slightly on Wednesday, December 23, after US President Donald Trump threatened not to sign the pandemic relief bill, sparking a drop in the dollar. The spot price of gold was up 0.1% to $ 1860.81 an ounce, while US gold futures fell 0.3% to $ 1864.60 an …
Read More »Gold Rising Despite Trump’s Threat on Stimulus And With US Dollar Weakening
Gold prices rose on Wednesday, December 23, supported by the dollar’s decline and continued optimism about the stimulus package in the United States even after President Donald Trump threatened not to sign the aid package linked to the pandemic. Spot gold rose 0.3% to $1864.29 an ounce by 07:05 GMT, …
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