Gold prices slightly declined on Monday from a three-month high reached in the previous session as the dollar and U.S. government yields increased in response to a top U.S. central banker’s warning that the Federal Reserve is not yet “softening” its fight against inflation. After reaching its highest level since August 18 on Friday, spot…
On Wednesday, gold prices inched down on worldwide markets as investors anticipated U.S. Federal Reserve minutes and significant inflation data for cues on the timing of future interest rate hikes. spot gold was trading at $1,663.60 per ounce, down 0.1 percent from its one-week low set on Tuesday. At $1,673.30, U.S. gold futures were down…
Gold prices ticked lower on Monday in the international markets having shed nearly 1 percent in the previous session, as strong U.S. jobs data cemented the view that the Federal Reserve would continue its policy of aggressive interest rate hikes. U.S. gold futures were down 0.4 percent at $1,703.4 while spot gold was down 0.1…
