Gold in UAE: Prices to briefly rise as US signals slowing rate hikes for the first time, before dropping again
Global spot gold may end its bounce around $1,757 per ounce and resume its drop thereafter
Source: gulfnews.com
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Gold advances as Fed signals slower rate hikes
Gold prices bounced above the key $1,750 an ounce level on Thursday, consolidating gains after minutes of the U.S. Federal Reserve's latest meeting signalled slower interest rate hikes. Spot gold rose 0.4 per cent to $1,755.73 per ounce by 0321 GMT. U.S. gold futures advanced 0.6 per cent to $1,755.90.
Source: deccanherald.com
Gold hits 8-month high as Russia-Ukraine tensions boost appeal
Gold prices were steady near an eight-month high on Tuesday, as heightened tensions between Russia and the West over Ukraine prompted investors to shun riskier assets and opt for safe-haven...
Source: marketscreener.com
Asia Gold Lower prices, seasonal demand brighten buying in top hubs
Physical gold demand in major Asian hubs rose this week, benefiting from a continued retreat in prices and a seasonal uptick, while Indian jewellers awaited for a further slide before stocking up.
Source: reuters.com
Asia Gold-India dealers hope for wedding rush as price dip sparks demand
Physical gold demand picked up in major Asian hubs this week helped by a retreat in prices, with dealers in India prepared for a likely spurt in buying as the wedding season gathers pace. ...
Source: marketscreener.com