Tag Archives: Gold

Global stocks rallied on Friday for a second day on hopes cooler US inflation would lead to less aggressive interest rate hikes by the Federal Reserve, an outlook that pushed the dollar to its biggest two-day drop in 13 years.Economic DataMSCI’s all-country world index rose 1.91%, lifting it to its …

Gold prices are headed for their biggest gain in more than two years after extending their gains on Friday, as signs of slowing inflation boosted hopes that the Federal Reserve may shift to easing monetary policy. Spot gold rose 0.1% to $1,756.54 an ounce by 1127 GMT, after rising more …

Gold prices achieved noticeable gains during the previous trading session, taking advantage of the weakness of the US currency, which fell strongly after the US inflation data, as gold recorded its highest level at $ 1757 per ounce. Technically, we tend in our trading to the positive, relying on the …

WTI is currently changing hands at around $86.40 a barrel. The US Dollar fell on Thursday against all major rival currencies, yields plunged, as market participants rushed to bet on US Fed’s less hawkishness on monetary policy next December. Optimism returned to most assets. US Stocks soared. US indexes are …

Gold prices rose on Thursday, supported by the decline in the dollar, but they are moving within a relatively narrow range amid caution ahead of the release of US inflation data that may affect future Federal Reserve decisions on raising interest rates. Spot gold rose 0.3 percent to $1,710.62 an …

Gold is now some steps back in the hands of the bears as traders await the key US CPI data. Gold is currently under pressure following, dropping at the turn of the past hour after a spike to the day’s highs, trapping breakout traders long when the US treasury notes …

Gold fell on Wednesday from a one-month high hit in the previous session. Yet, prices remained in a relatively narrow range, as investors remain cautious in anticipation of US inflation data due this week. Spot gold fell 0.2 percent to $1,709.60 an ounce by 0644 GMT. US gold futures fell …

There was no obvious catalyst that specifically brought about the US Dollar’s decline, although the positive performance of US shares and easing government bond yields put pressure on the dollar after Wall Street’s opening. The yield on the 2-year Treasury note touched an intraday low of 4.65% after peaking at …

Gold and silver prices are sharply jumping up, with gold hitting a four-week high and trading back above $1,700.00 in late-morning US trading Tuesday and even to $1,713.34 at the time of writing versus the pervious closing price at $167548 per ounce on Monday.Silver hit a more-then-four-month high today. The …

Gold price creeps higher amid the lack of US economic data as investors observe the results of the US mid-term elections and October’s CPI. Treasury yields are lower on the day, while expectations for a 50 bps rate hike by the Fed stood above 50%. Gold price is subdued as …