Blog / Articles for "Gold"

The gold market continues to make new highs in global currency markets in particular the British pound as the Bank of England cuts interest rates for a third time this easing cycle.
07
Feb

Jan 22 (Reuters) - Gold prices soared to near three-month highs on Wednesday, trading just below its record peak, fuelled by a soft dollar and lack of clarity around U.S. President Donald Trump's policy plans, which investors fear could trigger trade wars and elevate market volatility.
23
Jan

Gold prices are once again testing resistance just below $2,700 an ounce as U.S. inflation data supports the Federal Reserve’s easing cycle.
16
Jan

The gold market continues to hold its ground even as the Federal Reserve strikes a more hawkish tone due to stubborn inflation pressures, according to the minutes from the December monetary policy meeting.
09
Jan

The gold market may be preparing to end the year on a soft note, on pace to close out December with a loss for the first time in seven years. However, there is still a significant amount of optimism in the marketplace ahead of the new year.
31
Dec

Dec 12 (Reuters) - Gold slipped over 1% on Thursday as investors booked profits after it briefly reached a five-week high earlier in the session and squared positions ahead of a U.S. Federal Reserve meeting next week.
13
Dec

Dec 3 (Reuters) - Gold prices trimmed gains on Tuesday after strong U.S. jobs data hinted at a cautious approach to rate cuts by the Federal Reserve, while a softer dollar and easing Treasury yields capped losses as markets awaited further economic cues.
04
Dec

Nov 19 (Reuters) - Gold prices climbed for a second consecutive session on Tuesday, hitting a one-week high as mounting Russia-Ukraine tensions sparked a rush for safe-haven assets, while investors awaited key signals on the Federal Reserve's interest rate plans.
20
Nov

In recent trading, December Gold futures demonstrated significant volatility, briefly dipping to $2595.70 before recovering above the crucial $2600 level to settle at $2606.
13
Nov

Gold prices plummeted in dramatic fashion today following Donald Trump's landslide victory in the presidential election.