Tag: spot gold price
Gold rebounds over Fed rate cut bets: 5 key reasons behind yellow metal’s appeal in 2024; Time to buy?
Initial claims for state unemployment benefits increased 22,000 to a seasonally adjusted 231,000 for the week ended May 4, the US Labor Department reported on [Read more about this post…]
Gold prices rise due to weakened dollar and soft US jobs data, silver jumps 2.4%
Gold prices surged by over 1%, buoyed by a weakening U.S. dollar following subdued U.S. jobs data, on Monday. This prompted speculation of potential interest [Read more about this post…]
Gold rates today: Yellow metal pulls back over high interest rates by US Fed, silver trades flat
Gold prices retreated on Thursday, May 2, as focus returned to chances of US interest rates staying higher for longer, with traders also positioning for [Read more about this post…]
Gold prices down $100 from record-high on uptick in US Treasury yields; Q1GDP lowers Fed rate cut hopes
Gold prices today: The yellow metal trimmed gains on Thursday, April 25, as US Treasury yields rose after gross domestic product (GDP) data showed signs [Read more about this post…]
Gold prices: Precious metal rates stabilised, hovering around ₹72,000 per 10 gram; Is it right time to invest?
At 9:20 a.m. ET (1320 GMT), spot gold saw a slight decline of 0.1% to $2,318.50 per ounce, having reached its lowest point since April [Read more about this post…]
Gold prices decline over 2%, down to one-week low; silver shreds 4.6%
Gold prices experienced a decrease of over 2%, reaching a one-week low, as concerns about a potential broader conflict in the Middle East eased, on [Read more about this post…]
Gold prices rise for sixth week on rising Iran-Israel war fears. US Fed rate, US dollar price in focus
Gold rate today: Amid rising geo-political tension in the Middle East region on the rising fears of the Iran-Israel war, gold prices continue to scale [Read more about this post…]
Gold prices inch upwards despite Middle East tension; spot silver rises 1.8%
Gold prices strengthened due to geopolitical unrest in the Middle East, driving demand for safe-haven assets, on Wednesday. However, hopes for U.S. interest rate cuts [Read more about this post…]
Gold rate today: Yellow metal prices steady amid geopolitical risks; higher US Treasury yields weigh
Gold prices were steady on Wednesday led by safe-haven demand amid the Middle East conflict partially offseting pressure from higher US Treasury yields. Spot gold [Read more about this post…]
Gold declines as dollar, yields strengthen following US retail sales data
Gold prices declined as the dollar strengthened and Treasury yields rose, driven by an unexpected increase in U.S. retail sales in March, on Monday. This [Read more about this post…]