Tag: spot silver
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 slips to one-month low despite weak US jobs data; silver declines 1.3%
Despite weaker-than-anticipated U.S. jobs data, gold plummeted to its lowest point in a month on Friday, continuing a correction phase following last month’s impressive surge. [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 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 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…]
Gold prices hit new record high, continue to gain for third week straight; silver surges by 1.4%
Gold prices surged to achieve a fresh all-time high on Friday, propelled by various factors such as expectations of a U.S. interest rate cut, speculative [Read more about this post…]
Gold consolidates at all-time high on US Fed rate cut hopes, silver near 3-year high mark
Gold prices took a breather and consolidated on Thursday, April 4, after hitting its all-time high mark above $2,300 per ounce earlier in the session [Read more about this post…]
Gold prices continue to rise for fourth straight session, silver surges to two-year high
Gold prices reached a new peak on Wednesday, marking the fourth consecutive session of record highs. This surge can be attributed to a combination of [Read more about this post…]
Gold prices rise ahead of US inflation data, silver slips 0.3%
Gold prices surged, supported by a decline in the U.S. dollar, as investors awaited upcoming data to assess inflation trends, crucial for understanding the Federal [Read more about this post…]
