Gold gains before Fed policy decision as US data shows inflation slowdown
* Fed interest rate decision due at 2 p.m. EDT (1800 GMT) * Dollar hovers near multi-week lows * Pla June 14 (Reuters) - Gold gained on We...
Source: marketscreener.com
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fed: Gold firms on Fed rate pause hopes, softer dollar
Gold prices rose by 0.3% to $1,948.59 per ounce, while U.S. gold futures gained 0.1% to $1,961.20 on Wednesday, supported by anticipation of a pause in interest rates at the Federal Reserve's policy meeting. The outlook that the central bank is close to the peak of rate hikes and a weaker dollar continued to boost the appeal of bullion and make it more attractive to international investors. Although inflation remains double Federal Reserve's 2% target, markets were optimistic of a 95% chance of a pause in June and a 61% chance of a rate hike in July, according to CME's Fedwatch tool.
Source: indiatimes.com
Gold firms as US debt ceiling uncertainty keeps investors on edge
Spot gold was 0.2% higher at $1,961.77 per ounce by 1155 GMT
Source: zawya.com
Gold firms as uncertainty on US debt ceiling keeps investors on edge
Gold prices edged up on Thursday, as investors awaited developments in the drawn-out debt ceiling negotiations in Washington, with gains in bullion capped by the US dollar rising to an over two-month high. Spot gold rose 0.2% to $1 961.55 per ounce by 09:47 GMT. US gold futures were steady at $1 964.10.
Source: miningweekly.com
Gold slips on firmer dollar as US data zooms into focus
Spot gold fell 0.2% at $1,984.89 per ounce by 1032 GMT, while U.S. gold futures also slipped 0.2% at $1,995.20.
Source: moneycontrol.com