Gold fell in Asia on Tuesday morning, hovering below $ 1,900 as investors waited for more traces later in the week to measure inflationary pressure. Gold futures are down 0.03% at 89,898.30. The dollar, which normally moves in the opposite direction to gold, was the terminal but was lower than the three-week high of 90.627…
Despite the relentless noise in the markets about price pressures, the gold bullion can be heard as the yellow metal could not accumulate above $1,900 for the second straight week on Friday. A mixed U.S. Jobs’ image helped transcend the other standard of gold – a haven – to crawl near the $1,800 levels that…
Gold fell in Asia on Friday morning, hitting a two-week low and recording its worst week in three months. Positive U.S. Employment data boosted dollar and bond yields, and investors were concerned about the reversal of stimulus measures. Gold futures are down 0.07% at $ 1,871.90 below $ 1,900. The dollar, which normally moves against…
Copper prices fell for a third day on Thursday as investors rallied in the U.S. on Friday. Waiting for work data will provide clues as to when monetary policy will tighten. Expectations of higher interest rates could hit growth-related assets such as metals and stocks. World stocks were at an all-time high and the dollar…
Copper fell on Wednesday as investors took some money off the table amid concerns that top consumer demand for China would ease, while a solid dollar cut the metal’s appeal. Benchmark copper was down 0.4% at $ 10,207 per tonne on the London Metal Exchange, trading at a narrow range of 1050 GMT. “Investors are…
Gold rose in Asia on Monday morning against a weaker dollar and lower bond yields after China, the world’s largest gold consumer, released key economic data. The future is up 0.15% to $ 1,908.25 and is above $ 1,900. The gold deal was agreed on May 30 and August 21. The dollar, which normally moves…
Gold fell in Asia on Thursday morning after a four-and-a-half month high in the previous session, with investors expecting the U.S. to release key economic data later in the day. Gold futures are down 0.04% at 9,900.50. The dollar, which normally moves against gold, rose on Thursday. U.S. Treasury yields rose to 1.58%. Although central…
Gold rose in Asia on Wednesday morning as signs of inflationary pressures wiped out its 2021 losses, leaving investors worried. The Federal Reserve promised a monetary policy perspective to investors. The gold futures rose 0.48% to $ 1,907.10, surpassing $ 1,900, gaining eight points in the last nine sessions. The dollar, which usually moves in…
Gold rose on Monday morning in Asia, trading near its four-month high. Gold futures were up 0.39% at $ 1,884.05 after rising to 89,890.13 in the previous week after January 8. The dollar, which normally moves against gold, rose on Monday but was nearing its lowest level in three months. The key 10-year Treasury yield…
Gold fell in Asia on Thursday morning but was slightly lower than the four-month high during the previous session. The Federal Reserve began debating whether it could type out its current bad monetary policy. Gold futures rose 0.28% to $ 1,876.20, hitting a high of $ 1,889.75 on Wednesday, January 8th. The central bank released…
