In anticipation of U.S. inflation statistics and a number of central bank meetings around the world, including the Federal Reserve, gold prices moved lower on Monday. Gold’s spot price fell 0.3% to $1,792.15 per ounce. The price of US gold futures decreased 0.4% to $1,803.70. The U.S. central bank’s final meeting of 2022, planned for…
As the dollar and U.S. bond yields fell on Wednesday, gold prices increased to a two-week high on speculation that the Federal Reserve might tone down its hawkish policy of rate hikes from December. After reaching its highest level since October 13, spot gold increased by 1% to $1,669.22 per ounce. At $1,673.80, U.S. gold…
Gold in Asia rose to a one-week high on Thursday morning. The U.S. The Federal Reserve did not provide a deadline for its plans in its latest policy decision and said it was “a way out” of considering interest rate hikes. Gold futures rose 0.81% to $ 1,814.20 on July 20. The dollar, which normally…
Gold rose in Asia on Wednesday morning, with the US gaining ground. As investors wait for the Federal Reserve’s latest policy decision, the key psychology is close to $ 1,800. Gold futures rose 0.36% to $ 1,806.35. The dollar rose on Wednesday but was below the three-and-a-half-month high reached in the previous week. The central…
Gold fell in Asia on Friday morning, recovering from a low of more than a week during the previous session. U.S. U.S. yields rebound and weaker than expected. Economic data also helped to strengthen the dollar. Gold futures were down 0.06% at $ 1,804.35 on Thursday. It was at $ 1,791.16 on Thursday after hitting…
U.S. Energy Information Management (EAA) U.S. Confirming an astonishing structure in the supply of crude oil, the rising Govt-19 cases reduce the global fuel demand outlook. However, the black liquid kept most of its gains from the previous session above expectations that products would be tight by the end of 2021. Brent oil futures rose…
Gold fell in Asia on Thursday morning, nearing a one-week low. Concerns about an increase in COVID-19 cases are a strengthening dollar and an increase in risk appetite, both of which reduce the appeal of the yellow metal to investors. Gold futures were down 0.20% at $ 1,799.80 since July 12 during the previous session….
Gold fell in Asia on Monday morning. However, concerns about the growing number of COVID-19 cases worldwide and their impact on the global economic recovery have not been met. Treasury yields caused losses to the yellow metal. Gold futures were down 0.08% at $1,813.55. The dollar, which normally moves against gold, rose on Monday, while…
Gold fell in Asia on Friday morning but advanced for the fourth week in a row. The U.S. has warned that any inflation will be intermittent and that the central bank will continue to support the economy. The yellow metal was elevated at the urging of Federal Reserve Chairman Jerome Powell. Gold futures were down…
Gold rose in Asia on Wednesday morning, but last month the U.S. Data on Tuesday showed consumer prices hitting a 13-year high, with yellow metal gaining ground. Gold futures rose 0.21% to $ 1,813.65. The dollar, which normally moves in the opposite direction to gold, fell on Wednesday and remained stable after seeing its best…
