Gold rose on Friday morning in Asia. Its price increased after key central banks tightened their monetary policies at their respective meetings this week. Gold futures gained 0.32% to $1,803.95 by 11:14 PM ET (4:14 AM GMT), set for their best week since mid-November 2021. The U.S. dollar, which usually moves inversely to gold, fell …
Gold fell on Friday morning in Asia but was established for its best week in longer than five months. Drops in the dollar and U.S. Treasury yields also capped the yellow metal’s declines even as the U.S. Federal Reserve prepares to start asset tapering. Gold futures trimmed down 0.11% to $1,795.95 by 11:55 PM ET …
Gold declined but losses capped by drops in the dollar Read More »
Gold prices dipped on Tuesday, pushed down by a stronger dollar. Rising U.S. Treasury yields increased as investors expected additional clues from Federal Reserve officials about the central bank’s monetary policy shift. By 0115 GMT, spot gold was down 0.1 percent to $1,748.01 per ounce, while U.S. gold futures were down 0.3 percent to $1,747.50. …
Gold prices moved up on Monday as continuing fears over the fate of debt-laden property behemoth China Evergrande and its broader implications bolstered the precious metal’s safe-haven appeal. Spot gold increased 0.5 percent to $1,757.79 per ounce by 0127 GMT. The U.S. gold futures were up 0.3 percent at $1,757.30. Asian shares got off to …
Gold was falling on Friday morning in Asia. The yellow metal was placed to end the week on a down note as the dollar increased and uncertainty over the U.S Federal Reserve’s timeline to create asset tapering grows. Gold futures cut down 0.03% to $1,799.45 at 12:27 AM ET (4:27 AM GMT) and was beneath …
Gold was sinking on Friday morning in Asia. The yellow metal was placed to close the week on a sad note as the dollar climbed and uncertainty over the U.S Federal Reserve’s timeline to begin asset tapering grows. Gold futures cut falling 0.03% to $1,799.45 by 12:27 AM ET (4:27 AM GMT) and were beneath …
Gold was falling on Monday morning in Asia but continued under a two-and-a-half-month high. A limited U.S. jobs report indicated that the U.S. Federal Reserve could pause its asset tapering timeline, supporting the yellow metal. Gold futures fell 0.30% over $1,828.25 at 12:15 AM ET (4:15 AM GMT) following running $1,833.80, its highest level after …
Gold drops but reverts to a near three-month high Read More »
Gold was up in Asia on Friday morning, eking out modest gains as the dollar fell. Investors are now waiting for the latest U.S. jobs data to see how the Federal Reserve will go with asset purchases and interest rate hikes. Gold futures rose 0.08 percent to $1,812.95 at 1:13 a.m. ET (5:13 a.m. GMT) …
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Gold was falling on Thursday morning in Asia, with investors careful ahead of a U.S. Federal Reserve conference that could present suggestions to a timeline for asset tapering. Gold futures crept down 0.10% over $1,789.15 near 12:16 AM ET (4:16 AM GMT). They dropped 0.7% through the past session, the largest one-day drop in more …
Gold falls but moves ahead of Fed`s Jackson Hole conference Read More »
Gold was falling on Tuesday morning in Asia but settled over the $1,800 level. Hopes are also building that the U.S. Federal Reserve could pause its planned asset tapering thanks to the ongoing spread of coronavirus. Gold was more up on Monday morning in Asia, with the greenback remaining close to multi-month highs. Nonetheless, remaining …
Gold was higher on Monday morning in Asia, with the dollar continuing near multi-month highs. Nevertheless, lingering worries regarding the spread of coronavirus globally and its influence on the economic improvement turned investors towards the yellow metal. Gold futures were more above $1,788.95 to 0.28% by 12:26 AM ET (4:26 AM GMT). The dollar, which …
Gold futures crept up 0.19% to $1,791.15 by 12:30 AM ET (4:30 AM GMT). Jeffrey Halley, the senior market analyst for the Asia Pacific at OANDA, told Reuters that the elephant in the room is this coronavirus Delta variant and whether it does substantially affect the global improvement. In that situation, gold is expected to …
Gold fell on Friday morning in Asia but settled near the key $1,800 mark as investors expect the latest U.S. jobs report. Gold futures fell 0.39% to $1,801.90 by 1:24 PM ET (5:24 AM GMT) and were fixed for their most critical weekly performance after mid-June 2020. The U.S. report, including nonfarm payrolls data, is …
Gold is going for a third weekly advance, with the haven metal growing on anxiety about the spread of coronavirus variants and the prospect of extended dovish monetary policy. Bullion is gaining back investors following a gloomy June. There are concerns that the world’s exit from the epidemic may be more fraught than expected. Restored …
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