As investors awaited a clearer signal from the Federal Reserve (Fed) on the timing of an interest rate cut, gold prices took a breather on Thursday (4th), hitting a record high of over $2,300 an ounce before falling back. gold futuresIt fell 0.2% to $2,311 an ounce.Spot goodsgoldIt hit a record high of 2304.09 earlier … Read more
gold futuresPrices fell on Wednesday (24th) as data showed strong U.S. business activity, but a weaker dollar limited losses. At the same time, investors are looking forward to more economic indicators to assess the timing of the first interest rate cut by the Federal Reserve (Fed). New Yorkgold futuresfell 0.48% to close at $2,016 per … Read more
Driven by safe-haven demand during conflicts in the Middle East,gold futuresPrices strengthened on Thursday (18th) as investors looked to the Federal Reserve (Fed) for more clarity on its future interest rate path. New Yorkgold futuresrose 0.8% to close at $2,021.60 per ouncegoldSpot prices rose 0.84% to US$2,022.58 per ounce, recovering from the 5-week low hit … Read more
Spot gold prices In Asian trading on Wednesday (27th), gold prices maintained a narrow range of fluctuations. The market’s optimism about the Federal Reserve’s (Fed) early interest rate cut continued to increase, pushing gold prices to rise sharply in December. recent trading daysgoldA breakout of the key level puts the current price within $100 of … Read more
Gold prices ended with a slight gain on Monday (18th), with traders taking advantage of falling prices to buy at low prices. At the same time, the focus shifted to the inflation data to be released this week to understand whether the recent dovish turn of the Federal Reserve (Fed) There is data to support … Read more
Spot gold prices jumped more than 1% on Wednesday (13th) after the U.S. Federal Reserve (Fed) signaled that the interest rate hike cycle was over and that it might cut interest rates next year. U.S. stocks rose sharply in response, and U.S. bond yields and the U.S. dollar both weakened. goldThe spot price rose 1.3% … Read more
gold futuresOn Friday (8th), it fell towards US$2,000 per ounce as the US non-farm payrolls report in November was better than market expectations, causing traders to reduce their bets that the US Federal Reserve (Fed) will cut interest rates before March next year. The US dollar and US Treasuries Rising yields have weighed on precious … Read more
gold futuresIt fell slightly on Thursday (7th) as traders remained cautious ahead of the release of the non-farm payrolls report, but still hoped to see a weakening labor market to support bets that the Federal Reserve (Fed) would cut interest rates as soon as March next year. New York for February deliverygold futuresIt fell 0.1% … Read more
Gold prices rose today, Wednesday, against the backdrop of a decline in the dollar and weaker-than-expected US jobs data, which reinforced speculation that the US Federal Reserve’s tightening cycle has reached its end. Gold rose in instant transactions by 0.2 percent to $2,023.39 per ounce. US gold futures for February delivery rose 0.2 percent to … Read more
gold futuresOn Friday (1st), it surged to US$2,089.70 per ounce, setting a record closing high and heading towards the “goldCross”, the main reason is the speech by Federal Reserve Chairman Jerome Powell, which strengthened the market’s confidence that the United States has completed monetary tightening and will start cutting interest rates next year. New York … Read more