Gold is subdued on a choppy trading session, clinging to the $1,900 mark amongst an overall upbeat market mood, following a series of sanctions imposed by the US to Russia, which appeared to be measured, an excuse for investors to seek riskier assets. XAU/USD is trading at $1,907 at the …
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Gold prices were little changed on Monday as investors awaited the US Federal Reserve meeting for clues about an interest rate hike, while concerns about inflation and the row between Russia and Ukraine kept gold’s safe-haven appeal intact. And the price of gold settled in spot transactions at 1836.21 dollars …
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On Thursday, gold price is trading almost unchanged on the day around 1,843, as it fades its uptick from fresh two-month highs of $1,848. The latest leg down in gold price could be associated with a tepid bounce seen in the US Treasury yields, which helps put a fresh bid …
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Gold has perked up on the day following an offer in the US dollar and a bid in global shares. US real yields are the focus pertaining to Federal Reserve expectations. The precious metal has benefitted due to the market being well priced for a hawkish Fed in what has …
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Gold rose on Friday morning in Asia. However, the yellow metal braced for its third consecutive weekly decline, weighed by signs that the US Federal Reserve will accelerate the pace of reduction in asset purchases and raise interest rates earlier than expected to curb inflationary pressures. Gold futures rose 0.66% …
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Gold prices fell on Thursday as investors expected the Federal Reserve (the US central bank) to scale back its bond-buying program faster to counter soaring inflation despite economic concerns over the spread of the new mutated Omicron. Gold fell in immediate transactions 0.3 percent to 1777.87 dollars an ounce (an …
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Gold recovered on Wednesday alongside the relative improvement market’s mood. The precious metal is currently trading in the $1,780.00 territory.Gold prices advanced on easing demand for the US dollar, as stocks turned green following Tuesday’s setback.The absence of first-tier events and relief news related to the coronavirus Omicron variant reinforced …
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A strong spontaneous rise in the US bond yields prompted new selling around gold on Monday. The risk-off impulse, a broad-based USD weakness would help limit deeper losses as uptrend potential appears limited above $1750.After managing to close the previous week in the positive territory, gold got lower during the …
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Gold rose and reached peaks during the early European session today, with the bulls making a fresh attempt to break a strong barrier near $1.745-46. After falling yesterday, the yellow metal managed to regain some positive momentum on Thursday and the US dollar tried to take advantage of the modest …
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