Page 6 - Yeap Jun News Today

Global spot gold may end its bounce around $1,783 per ounce and resume its drop thereafter

Gold prices slipped on Monday, as the dollar strengthened on safe-haven demand triggered by protests in several Chinese cities over the country's strict Covid-19 restrictions. Spot gold was down 0.4 per cent at $1,748.84 per ounce, as of 0555 GMT. US gold futures fell 0.3 per cent to $1,749.60. The dollar index was up 0.4 per cent, making the greenback-priced bullion more

Spot gold at $1,758.41 per ounce by 0223 GMT, dollar heads for weekly drop

Gold inched up on Friday, en route to a weekly gain, buoyed by the dollar's retreat on a perceived dovish tilt in the U.S. Federal Reserve's interest rate hike strategy. Spot gold gained 0.2 per cent to $1,758.41 per ounce by 0223 GMT, and was up 0.5 per cent so far this week. U.S. gold futures rose 0.7 per cent to $1,758.30. Silver was flat at $21.51, but was up about 3 per

SINGAPORE – The more benign American inflation figures that turbocharged Wall Street overnight worked their magic in the region as well on Friday. The Straits Times Index (STI) soared 1.7 per cent or 55.15 points to 3,228.33 – its sixth straight session of gains and up a robust 3.1 per cent for the week. Read more at straitstimes.com.

Gold prices slipped on Tuesday as the dollar regained some ground, while investors braced for U.S. inflation data later this week that could determine the Federal Reserves policy path. ...

More rate hikes worldwide likely to unwind gold's recent gains, helping buyers - analyst

Gold prices slipped on Tuesday as the dollar regained some ground, while investors braced for U.S. inflation data later this week that could determine the…

Investors remain conservative on expectations of yet another Fed rate hike

Gold prices fell to a one-week low on Monday, as solid US jobs data added to worries that the Federal Reserve would charge ahead with aggressive interest r..