Gold rose in Asia on Monday morning, against the dollar. The latest U.S. employment report also calmed investors’ fears of an earlier-than-expected rise in interest rates. Gold futures rose 0.24% to $1,787.55. The dollar, which normally moves against gold, was on the downside on Monday. On the demand side, central banks, including Serbia, Thailand, and…
As the dollar weakened, investors flocked to the U.S. Gold rose on Friday as the Federal Reserve weighed in on the chances of a tightening, with the U.S. strongest. Showed a slight increase in the unemployment rate after the employment report. Spot gold rose 0.4% to $ 1,784.21 per ounce, hitting $ 1,794.86, its highest…
Gold fell to a two-month low on Wednesday morning for Asia. Gold futures were down 0.26% at $ 1,758.95 since Tuesday, April 15. Gold fell 7.5% in June, still feeling the effects of a surprisingly bad policy decision issued by the central bank earlier this month. However, it increased by 3.3% in the second quarter…
Earlier this week, the U.S. announced a rate hike. Gold rose in Asia on Friday morning as investors digested mixed signals from Federal Reserve officials. Gold futures rose 0.06% to 77,777.70 at 12:27. The dollar, which normally moves in the opposite direction to gold, fell on Friday but was lower than the two-month high of…
Gold fell in Asia on Thursday morning, with investors waiting for U.S. economic data to further measure inflationary pressures. A reinforcing dollar puts a cloth on the appeal of the yellow metal. Gold futures were down 0.45% at $ 1,775.35. The dollar, which normally moves against gold, rose to an 11-week high on Thursday. After…
Gold rose in Asia on Monday morning, hitting the US. Increased treasury yields by retreating. Gold futures rose 0.33% to $ 1,774.85. U.S. Yellow metal fell 6% in the previous week to its worst week since March 2021, after the Federal Reserve made a surprisingly bad position when it issued its latest policy decision. The…
Gold rose in Asia on Friday morning. However, U.S. investors continue to digest the Federal Reserve’s surprisingly bad policy decision, the yellow metal is set to close at its lowest level since March 2020. Gold futures rose 0.60% to $ 1,785.45. The dollar fell on Friday after hitting a two-month high but went into its…
Gold fell in Asia on Thursday morning, but the yellow metal recovered cautiously after recording its biggest fall in five months during the previous session. The U.S. Investors continue to digest the latest policy decision of the Federal Reserve, which indicates that interest rates may rise sooner than expected. Gold futures were down 2.07% at…
Gold fell in Asia on Tuesday morning, following its losses following a month-long low during the previous session. Investors are looking to the U.S. for further clues on inflation and the central bank’s future monetary policy. Waiting for the Federal Reserve policy decision. Gold futures fell 0.12% to 8,863.60. The dollar, which normally moves in…
Gold in Asia fell against the dollar on Thursday morning, with investors pushing the U.S. Additional signals of inflation in and mobilized to seek economic recovery from the COVID-19 epidemic. Gold futures were down 0.35% at $ 1,888.95. The dollar, which usually moves in the opposite direction to gold, is the 10-year U.S. dollar. Treasury…
