Tag "Gold"
Gold prices edged higher on Friday and were set for a second weekly gain, as safe-haven demand and lower U.S. bond yields lifted the metal’s appeal, while investors look forward to a Federal Reserve meeting for clues to its tightening timeline. Spot
Gold prices slipped on Friday, weighed down by an uptick in Treasury yields on prospects of U.S. interest rate hikes and a stronger dollar. Spot gold was down 0.3% at $1,816.22 per ounce by 13:56 ET (1856 GMT). U.S. gold
Gold prices on Friday were poised for their best weekly gain since last November, as investors await economic data that could provide clarity about U.S. Federal Reserve’s tapering policy, while a weaker dollar and Treasury yields supported bullion. Spot gold
Gold prices edged lower on Thursday as benchmark 10-year Treasury yields recovered some losses, but the precious metal stayed close to last session’s one-week high as the dollar extended its slide. Spot gold was 0.1% lower at $1,823.24 per ounce by
Gold prices rose on Tuesday, supported by a weaker U.S. dollar and Treasury yields, as traders awaited December inflation data and weighed bets for quicker interest rate hikes. Spot gold rose 0.3% to $1,805.98 per ounce by 0535 GMT. U.S.
Gold prices were little changed on Thursday, as a surge in U.S. Treasury yields following hawkish meeting minutes released by the Federal Reserve offset the precious metal’s safe-haven demand amid rising cases of the omicron coronavirus variant. Fundamentals Spot gold
Asian shares gained on Tuesday, cruising in the slipstream of another record-setting day on Wall Street amid strong retail figures, while the safe-haven yen lost ground as traders stayed in riskier currencies and asset classes like equities. A variety of
Gold held steady on Tuesday at near one-week high hit in the previous session as the U.S. dollar and Treasury yields, key influences on bullion prices, were largely flat. Higher yields increase the opportunity cost of holding bullion, which pays
Gold prices were stuck in a tight range on Tuesday as a slightly weaker dollar countered an improvement in risk sentiment, while a surge in cases due to the Omicron coronavirus variant persist as a worry for investors. Spot gold
Gold prices edged higher on Monday, hovering near a three-week high hit in the previous session, as fears over the rapidly spreading omicron coronavirus variant boosted the metal’s safe-haven appeal. Fundamentals Spot gold was up 0.2% at $1,800.42 per ounce by 0113 GMT.