Tag Archives: Treasury Yields

Gold prices inched up in Asian trading on Tuesday, recovering from recent losses as market attention remained fixed on the impending release of US inflation data, which could provide further insights into the trajectory of interest rates. Despite showing some strength last week, gold remained below its record levels reached …

In defiance of prevailing concerns over escalating interest rates and anticipated delays in their mitigation until mid-year, US stocks have orchestrated a resolute ascent since the dawn of 2024. Amidst a landscape where inflation remains static, yet optimism for its eventual ebb extends, the stock market has burgeoned, boasting a …

US bond yields continue to decline amid the absence of key economic data, leading to the continuation of factors that had led last week to a decline in dollar assets, most notably employment data.There are also speculations for inflation data; the CPI and PPI data in the United States, as …

In the realm of precious metals, gold emerged as the shining star in Asian trade on Friday, extending its overnight gains amidst a backdrop of significant market shifts. A notable weakening of the U.S. dollar and Treasury yields provided a robust tailwind for the yellow metal, sending its prices soaring. …

Gold prices remained relatively stable on Thursday as investors redirected their attention towards upcoming US economic data, which could offer insights into the Federal Reserve’s stance on interest rate adjustments. At 0456 GMT, spot gold edged up by 0.2 percent to $2,314.26 per ounce, while US gold futures dipped slightly …

Despite higher US Treasury yields and a stronger US dollar during the North American session, gold is still trading firmly over $2,300. This is a slight move. Now, traders’ and investors’ attention is focused on impending US data, such as unemployment claims, University of Michigan consumer sentiment, and the Fed’s …

On Wednesday, gold prices exhibited a subdued performance as traders weighed the prospective timeline for potential US interest rate cuts and awaited clearer signals on monetary policy. In spot transactions, gold edged up by 0.1 percent to reach $2,317.44 per ounce by 0444 GMT, while US gold futures recorded a …

On Tuesday, the yen continued its decline against the dollar, influenced by interest rate differentials despite warnings from Japanese officials following suspected interventions triggered by substantial dollar selling last week. The Australian dollar dipped 0.36 percent to $0.6601 USD from its recent peak of $0.6650 USD reached last Friday, matching …

Gold Prices Rise on Rate Cut Bets and Safe-Haven Demand Amid Gaza Uncertainty Gold prices climbed on Tuesday, supported by expectations of potential interest rate cuts by the Federal Reserve later this year and increased demand for the precious metal as a safe haven amid uncertainty surrounding the ceasefire in …

Gold prices rose on Monday, May 6, as continued tensions in the Middle East and expectations that the US Federal Reserve will begin lowering interest rates later in the year increased the appeal of the precious metal. Gold rose in instant transactions 0.3% to $2,309.24 per ounce by 0427 GMT. …