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Gold prices drifted higher on Thursday as so-called currency debasement fears lingered, while attention shifted to highly anticipated remarks from US Federal Reserve (Fed) Chair Kevin Warsh this week.
27
Aug
Gold hit an over two-month high on Thursday, as tame US consumer inflation undermined expectations of an imminent Federal Reserve rate hike.
12
Aug
Gold rallied more than 2% on Wednesday, climbing above the key $4,200-an-ounce level as growing optimism over an interim agreement to reopen the Strait of Hormuz eased inflation concerns, prompting investors to scale back expectations for further Federal Reserve rate hikes.
05
Aug
Gold prices trimmed losses on Wednesday after U.S. producer prices unexpectedly fell in June, although worries about inflation and elevated interest rates remained due to escalating tensions in the Middle East.
14
Jul
Gold prices edged into positive territory on Wednesday, reversing morning losses, after the precious metal closed its worst quarter in 13 years in three months to the end of June.
01
Jul
More and more central banks are storing gold bullion at home rather than overseas, as they expect to buy more of the safe-haven asset amid heightened geopolitical tensions.
17
Jun
Gold prices rose on Tuesday, supported by lower Treasury yields and a partial ceasefire between Hezbollah and Israel, while investors awaited details on the status of U.S.-Iran peace talks amid conflicting news.
03
Jun
May 20 (Reuters) - Gold prices rose 1% on Wednesday, as hopes for a resolution to the Iran conflict pressured oil markets, relieving some inflation fears and knocking U.S. Treasury yields from their recent highs.
21
May
May 5 (Reuters) - Gold prices rose on Tuesday after hitting a more than one-month low in the previous session, as investors assessed a fragile Middle East truce and the conflict's potential impact on inflation and interest-rate expectations.
06
May
April 20 (Reuters) - Gold prices fell to a one-week low on Monday before recovering slightly as Iran's threat of retaliation to the U.S. takeover of an Iranian cargo vessel drove the dollar and oil prices higher.