Gold edges down as investors eye Fed outlook, US inflation data
GLOBAL-PRECIOUS:Gold edges down as investors eye Fed outlook, US inflation data
Source: livemint.com
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Locals to hold back gold purchases as prices surge: SLGJA - Business
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Gold prices surge to all-time high - Breaking News
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Gold surges as escalating Middle East tensions bolster demand
Spot gold firmed 0.8% at $2,378.53 per ounce at 9:44 a.m. ET
Source: theglobeandmail.com
Gold hits record highs on safe-haven demand, US rate cut bets
Gold logged its best month since July 2020, at a 9 per cent increase, and a second straight quarterly rise
Source: gulfbusiness.com
Gold rises towards best month in more than a year, US data in focus
Spot gold gained 0.5% to $2,204.99 per ounce as of 10:20 a.m. EDT (1420 GMT), eyeing its best month since November 2022 gaining around 8% so far, and a second straight quarterly rise. U.S. gold futures edged 0.7% higher to $2,204.80.
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Source: moneycontrol.com
Gold Set for Second Weekly Loss as Rate cut Expectations Dampen
Gold ticked up on Friday but was on course for a second straight weekly fall after hot inflation data cooled prospects of early rate cuts by the Federal Reserve. Spot gold was up 0.2% to $2,007.69 per ounce at 11:00 a.m. ET (1600 GMT), but has lost 1.8% for the week so far. US gold futures rose 0.3% to $2,020.00 per ounce. The dollar index was up for the week so far, and the benchmark 10-year Treasury yield extended gains, making gold less attractive.
Source: aawsat.com
Gold slips as hot inflation data dampens rate cut expectations
Data showed that U.S. producer prices increased more than expected in January. Another report on Tuesday showed that U.S. consumer prices rose more than expected last month. Even though gold is considered an inflation hedge, higher interest rates dim non-yielding bullions appeal.
Source: indiatimes.com
Gold, Silver, and Other Precious Metals Register Weekly Losses
Precious metals declined in tandem on Friday, deepening their weekly losses, which ranged from somewhat modest for gold to severe for palladium. Gold for April delivery gave back $9.20, or nearly 0.5%, to settle at $2,038.70 an ounce on the Comex division of the New York Mercantile Exchange. "I think that things are trending lower
United States Everett Millman York Mercantile Exchange New York Mercantile Exchange New York Mercantile Bullion Sales
Source: coinnews.net
Gold en route to weekly dip as rising bond yields dent appeal
Gold slipped on Friday and was heading for a weekly fall, pressured by elevated Treasury yields, while investors awaited next weeks U.S. inflation data for more clues on the timing of the Federal Reserves interest rate cuts.
Source: indiatimes.com