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Gold prices slipped on Thursday as the dollar firmed, with a fresh set of economic data cementing investor worries that global interest rates would stay higher for longer than expected. ...
Gold prices rose on Thursday, helped by a slight pullback in the dollar, although prospects of U.S. interest rates staying higher for longer kept bullion on a…
Gold prices fall due to robust China data 3 hours ago Gulf Today Report Gold prices dropped on Friday following economic data from China boosting hopes for a swift recovery. Spot gold fell 0.2% to $1,751.86 per ounce by 04:23 GMT while US gold futures slipped 0.3% to $1,753.40 per ounce. The bullion is likely to rise beyond 1% though as the US dollar and Treasury yields decline. READ MORE Brian Lan, managing director at dealer goldSilver Central said, "the (falling) dollar and Treasury yields have helped gold this week along with the Fed's dovish tone, that has been topped wi...