Page 2 - Weaker Dollar News Today

Gold prices inched up on Wednesday buoyed by a weaker dollar, while investors awaited the minutes of the U.S. Federal Reserve's latest policy meeting that could offer clues on further interest rate hikes. Spot gold was up 0.1% at $1,741.80 per ounce by 0044 GMT. U.S. gold futures edged 0.2% higher to $1,742.70. At 9:59 am, gold contracts were trading 0.17% lower on the Multi-Commodity

Oil prices continued to rise in early Asian trade on Thursday after surging more than 3% in the previous session.

WHO released an updated plan for COVID-19, includes three possible scenarios for how the virus might evolve in the coming year.

Gold Prices Test Key Chart Resistance on Weaker Dollar, FOMC Minutes Eyed of clients are net short. Long News of clients are net short. Long News GOLD PRICE OUTLOOK: A weaker US Dollar and heightened inflationary pressure are buoying the appeal of precious metals XAU/USD may see a minor pullback as prices hit the ceiling of an “Ascending Channel” Gold prices retreated slightly during Wednesday�...

Koreas foreign reserves hit fresh record high in April on weaker dollar Posted : 2021-05-06 09:21 Updated : 2021-05-06 11:00 An employee of Hana Banks central branch in Seouls Jung District checks foreign bills. Yonhap South Koreas foreign reserves rose to a fresh record high in April as the U.S. dollars weakness boosted the value of non-dollar assets, central bank data showed Thursday. The nations foreign reserves came to $452.3 billion as of end-April, up $6.18 billion from the previous mo...

Provided by Dow Jones Oil Recoups Some of the Weeks Losses on Weaker Dollar Oil prices were higher in Europe, with a drop in the dollar helping to relieve some of crudes selling pressure of recent days. Climate Summit: How Do You Cut 50% of Greenhouse-Gas Emissions by 2030? WSJ analyzed several carbon-reduction measures in climate-change proposals. Now you can decide how to lower U.S. emissions to 50% of 2005 levels. Biden Pushes for Sharp Cut to Greenhouse-Gas Emissi...

Palladium soars to within sight of $3,000 in record run SECTIONS Last Updated: Apr 23, 2021, 10:09 PM IST Share Synopsis Many analysts expect a further run towards $3,000 as automakers ramp up purchases of the metal, worsening a supply shortage. ETAuto Palladium jumped more than 3% to a record high of $2,925.14 per ounce, poised for a second straight weekly gain. Related Palladium extended its blistering rally to an all-time high within striking distance of $3,000 on Friday on supply concerns a...

Gold, Crude Oil Outlook: Weaker Dollar and Reflation Hopes Underpin Prices GOLD, CRUDE OIL PRICE OUTLOOK: Gold prices are working on a three-day rally to US$ 1,850, up nearly 2.5% from Monday’s lows WTI crude oil prices jumped 2% on Yellen’s push for fiscal stimulus, which raises reflation hopes A weakening US Dollar and stimulus hopes may continue to support commodity prices Gold prices climbed for a third day as the US Dollar fell alongside Treasury yields, alleviating pressure on preciou...