U.S. gold future – Market-Tracker

Gold prices surge on the US jobs report, reaching a one-month high

Mahalakshmi@fastura.com5 months ago02 mins

In response to significant U.S. jobs data that indicated the labor market was slowing and raised hopes for a Federal Reserve interest rate decrease in September, gold prices continued to rise on Friday, reaching their highest level in over a month. Spot gold was trading at $2,385.63, up 1.3%. Thus far this week, gold has…

Gold declines below $2,000/oz as the market looks for Fed rate rise hints

Mahalakshmi@fastura.com2 years ago03 mins

Pressured by a stronger dollar and higher Treasury yields, gold reversed direction and fell below the important $2,000 per ounce threshold as investors searched for clues as to whether the market will witness a “one and done” rate hike by the U.S. Federal Reserve in May. After climbing as high as 0.6 percent earlier in…

Tag: U.S. gold future

Gold prices surge on the US jobs report, reaching a one-month high

Gold declines below $2,000/oz as the market looks for Fed rate rise hints

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