Tag Archives: Gold

Gold rose about 1%, as the dollar fell while investors held signs of a policy of monetary easing issued by Jerome Powell, Chairman of the Federal Reserve Board (the US Central Bank). Spot gold rose 0.9% to 1946.55 dollars an ounce with the close of the Tokyo Stock Exchange, after …

Gold prices finished Thursday lower, after remarks by the Chairman of the United States Federal Reserve, Jerome Powell, came in line with market expectations. Gold futures for December delivery closed lower by $19.90, or 1%, at $1,932.60 per ounce. The yellow metal has diminished most of its earlier gains, after …

Gold fell Thursday, August 27th, following a sharp increase in the previous session as investors adjusted their positions to focus on whether the US Federal Reserve chairman will hint at a change in monetary strategy. By 06:22 GMT, spot gold fell 0.8% to 1938.32 dollars an ounce, after rising 1.3% …

According to the COMEX, gold futures were traded for December at $ 1949.80 per ounce, down 0.44%. It previously traded at a session low$ 1946.25 an ounce. Gold may find points of support at $ 1908.40 and resistance at $ 1970.30. The dollar index, which measures the performance of the …

Gold prices rose on Wednesday to their highest level since August 19, after trading lower for some time due to the rising US Treasury yields. The yellow metal futures for December delivery closed higher by $29.40, or 1.5%, at $1,952.50 per ounce. Meanwhile, silver futures for September delivery surged by …

Gold prices settled on Wednesday, as concerns about the global economic outlook eased pressure from the progress in us-china trade agreement negotiations between, while investors awaited a speech from US Federal Reserve Chairman Jerome Powell. The spot of gold at 1919.71 dollars an ounce, down by 0.44%, while metal futures …

Gold fell on Wednesday, August 25, as the dollar rose, while investors awaiting a speech by Jerome Powell, President of the US Federal Reserve, to obtain indications about the monetary strategy, but concerns about the global economy, which is hit by the Coronavirus pandemic, kept prices above the level of …

According to the COMEX, gold futures were traded for December at $ 1931.50 per ounce, down 0.44%. It previously traded at a session low$ 1929.70 an ounce. Gold may find points of support at $ 1916.60 and resistance at $ 1970.30. The dollar index, which measures the performance of the …

Gold prices finished lower on Tuesday, for the second consecutive day, as the remarks by US and China top trade officials eased concerns about a trade war between the world’s two largest economies, thus, lowering demand for safe havens. However, the US Dollar’s (USD) decline provided some support for the …

Gold stabilized on Tuesday, August 25th, as the dollar’s decline led to offsetting the pressure caused by the rise of stocks, while investors were reluctant to form large positions before US Federal Reserve Chairman Jerome Powell’s speech this week. Gold settled at 1932.15 dollars an ounce by 05:12 GMT. Was …