Gold prices fell on Friday as the dollar rose, but continued economic concerns and a standoff over the US debt ceiling capped losses for the yellow metal. By 0301 GMT, spot gold fell 0.3 percent to $2,010.29 an ounce, down 0.3 percent for the week. US gold futures fell 0.3 …
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Gold prices rose on Thursday, supported by a weaker dollar and economic concerns, as investors sought more clarity on the path of the Federal Reserve’s monetary policy. And by 0131 GMT, gold in instant transactions rose 0.2 percent to $ 2032.58 an ounce. US gold futures also rose 0.2 percent …
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Gold prices edged lower on Wednesday as optimism over the Federal Reserve cutting interest rates faded after the US inflation report. Spot gold was down 0.2% at $2,030.70 per ounce before rebounding to $2,031.48 at the time of writing. US gold futures settled 0.3% lower at $2,037.10. Gold rose as …
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Bitcoin price lost over 2% during Monday’s European trading on the back of stronger Spanish inflation amid a seemingly volatile week that kicks off with surprise Spanish inflation data. Markets predicted a drop from 5.7% to 4.97%. Instead, inflation jumped to 5.8%. The said reading confirms what central bankers have …
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Previous rally has faded as whales tend to abandon the ship, this is why Dogecoin and Shiba Inu have experienced major price corrections at their top because of massive profit taking after prices peaked on Sunday and Tuesday. Shiba Inu currently trades at $0.00001358 versus $0.000014 on Thursday. Meanwhile Dogecoin …
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The USD/JPY pair has dipped towards 134.00 as buyers book profits ahead of Friday’s US CPI. Market sentiment is still negative as US equities record losses.The pair retreats from 2-decade highs around 134.55 but is trimming substantial losses, and albeit losing 0.09%, is preparing for a test of the 135.00 …
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US equities are modestly lower across the board on Wednesday, as investors take profit following the recent impressive run higher. Waning Russo-Ukraine optimism, robust US data that solidified Fed tightening expectations and yield curve inversions were all cited as worries.The S&P 500 currently trades just above 4600 and on course …
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The euro edges down 0.58% so far in the week, after falling in three of the week’s five trading days.On Friday, the EUR/USD trims some of its weekly losses, recording gains of 0.48% during the North American session. At press time, the EUR/USD is trading at 1.1252.In the overnight session …
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WTI hit fresh multi-year highs above $88.00 per barrel recently, breaking above last week’s highs. Profit-taking has since seen WTI drop back into the mid-$86.00s, but oil holds onto decent on the week gains.Positive risk appetite and ongoing geopolitical and OPEC+ supply concerns are an ongoing source of support that …
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Gold prices have dropped and now trading at $1,817.59. Gold is moving towards the close and down some 1.65% after falling from a $1,850.11 high to test a low of $1,814.98. The drop came on the back of a hawkish twist at the Federal Reserve event on Wednesday.Initially, the Federal …
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