Tag Archives: Gold

Gold prices declined on Wednesday, losing the $1,900 per ounce level, as the US Dollar (USD) maintained its rising trend. Gold futures for December delivery decreased by $39.20, or 2.1%, to close at $1,868.40 per ounce, its lowest closing level since July 22. The Dollar index (DXY), which measures the …

Gold prices touched on Wednesday, their lowest level in 6 weeks with the rise of the dollar in light of the decline in sentiment in Europe due to the Coronavirus crisis, while investors grew concerned about more stimulus from the US Federal Reserve. Gold spot lost 1% to 1880.46 dollars …

Gold prices declined on Tuesday for the second consecutive session, amid a rebound by the US Dollar (USD). This comes amid increasing uncertainty regarding the COVID-19 pandemic, with some European countries re-imposing restrictions and lockdowns to combat the spread of the virus. Gold futures for December delivery lost $3, or …

Gold fell on Tuesday, September 22, as the dollar rose to its highest level in more than a month, while investors remained skeptical about additional stimulus measures to support the economy that was affected by the Corona pandemic, ahead of words by Federal Reserve officials (the US Central Bank) this …

Gold rose within a narrow range Tuesday, September 22nd, as fears of a surge in COVID-19 cases across Europe addressed the pressure of the dollar’s strength on the precious metal, ahead of words for decision-makers in the US Federal Reserve this week. Gold rose in the spot market 0.1% to …

Despite a decline in risk appetite among investors, gold prices plunged on Monday as the US Dollar (USD) registered large gains. Gold futures for December delivery decreased by $51.50, or 2.6%, and settled at $1,910.60 per ounce. Earlier today, the yellow metal futures were trading below $1,889 an ounce. This …

Gold prices fell to their lowest level in about two weeks on Monday, with the rise of the dollar, while the pressure on the precious metal increased due to doubts about additional stimulus measures in speech of policymakers at the US Federal Reserve this week. Gold fell in the spot …

Gold prices rose Monday, September 21st, buoyed by the dollar’s weakness as investors looked for words from US Fed policymakers this week to learn more about the central bank’s approach to inflation. Spot of gold rose 0.2% to 1952.59 dollars an ounce by 05:30 GMT. And gold in US futures …

Gold prices maintained a rising streak for the second consecutive week after rising on Friday. Gold futures for December delivery gained $12.20, or 0.6%, and finished at $1,962.10 per ounce, adding 0.7% for the week. Meanwhile, silver futures increased by 3 cents, or 0.1%, and closed at $27.129 per ounce, …

Gold prices rose and on track to achieve gains for the second week in a row thanks to the weak dollar as weak jobs data in the United States negatively affected hopes for the economic recovery. Gold rose in spot trading 0.6% to 1953.70 dollars an ounce with the opening …