Tag Archives: PCE data

Gold prices climbed on Friday as risk aversion gripped financial markets following reports of bombings in Iran. These reports raised concerns about a potential escalation in regional tensions, bolstering gold’s status as a safe-haven asset. By 0429 GMT, spot gold rose by 0.3 percent to $2,386.05 per ounce, after briefly …

On Thursday, gold prices climbed, driven by a weakened dollar and heightened geopolitical tensions in the Middle East. These factors offset concerns about a potential decrease in US interest rates this year. Spot gold rose by 0.8 percent to $2,379.33 per ounce by 1001 GMT, following its peak at $2,431.29 …

Gold prices climbed on Thursday, driven by escalating fears of a widening conflict in the Middle East, which bolstered demand for safe-haven assets. This trend offset concerns about the possibility of prolonged high interest rates in the United States. At 0429 GMT, spot gold rose by 0.6 percent to $2,374.97 …

Japan’s Nikkei index fell for the third day in a row on Wednesday, closing below 38,000 points for the first time in two months, as tension in the Middle East affected morale and investors took profits before the corporate results announcement season reached its peak. The Nikkei index closed down …

Gold prices climbed on Monday, lingering just below the previous session’s record high, driven by escalating tensions in the Middle East that bolstered demand for the precious metal as a safe haven. As of 0056 GMT, spot gold rose by 0.3 percent to $2,350.59 per ounce, following its historic peak …

Gold prices surged on Friday, reaching an unprecedented peak and poised to mark weekly gains for the fourth consecutive week, driven by geopolitical tensions and economic concerns surrounding China, which spurred strong demand for the safe-haven asset. As of 0934 GMT, spot gold prices rose by 0.9 percent to $2,394.87 …

On Friday, gold prices surged to unprecedented heights, buoyed by central bank acquisitions amid geopolitical tensions. Despite robust American economic indicators failing to temper demand, the spot price of gold climbed 0.5 percent to $2,384.34 per ounce by 0345 GMT, reaching a peak of $2,395.29 earlier in the session. US …

Gold prices rebounded on Thursday, recouping losses from the previous session, buoyed by geopolitical tensions that spurred demand for the precious metal as a safe haven. In spot transactions, gold edged up by 0.1 percent to $2,334.64 per ounce as of 0809 GMT. The yellow metal had seen record highs …

Gold prices retreated on Wednesday from their record high levels amid a resurgence in the dollar and US Treasury bond yields following the release of data indicating higher-than-expected inflation in the United States. This dampened expectations of an imminent cut in US interest rates. Spot gold prices declined by 0.6 …

Gold prices continued their relentless ascent on Monday, propelled by speculative activity and persistent tensions in the Middle East, which overshadowed the robust US jobs data released last week. In spot transactions, gold climbed 0.3 percent to $2,335.73 per ounce by 0646 GMT, after reaching a record high of $2,353.79 …