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Tag: gold updates

gold
  • Commodity Market

Gold prices fall as chances of a rate cut drop!!!

Mahalakshmi@fastura.com4 days ago01 mins

Gold prices fell further in Asian markets on Tuesday. The US dollar strengthened, boosting hopes that the US Federal Reserve (Fed) will not cut interest rates in December. Gold is losing its appeal compared to fixed-income US government bonds, which offer higher yields and longer maturities. Recent comments by Fed officials have further weakened the…

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gold
  • Commodity Market

Gold prices fell on trade and political tensions!!!

Mahalakshmi@fastura.com6 months ago02 mins

Gold prices fell as investors turned more cautious due to rising trade tensions. However, gold still rose 0.93% to close at 96,421 on growing concerns about the economy and global politics. The US President has threatened to impose a 25% tariff on goods coming from the European Union from June 1 if Apple does not…

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