Gold Poised for Best Week in Three Months; US Jobs Data on Tap
Gold rose on Friday and headed for its best week in three months, supported by growing expectations of a Federal Reserve rate cut this month,…
Tag: GOLD
Gold price hits record high as investors seek safety
The price of gold has hit a record high as demand for the precious metal remains strong amid global economic uncertainty. The spot gold price…
Gold Scales Four-month Peak, Silver at 14-year High
Gold hit a more than four-month high on Monday as US Federal Reserve interest rate cut bets this month and a softer dollar heightened bullion’s…
Gold Rises on Increasing Fed Rate-cut Bets, Weaker Dollar
Gold rose on Wednesday as expectations of a US Federal Reserve interest rate cut in September gained traction following mild inflation data, while a weaker…
Gold Market Holds in Narrow Range
Gold prices were stuck in range-bound trade on Thursday as investors awaited US non-farm payrolls data that could influence the Federal Reserve’s timeline for interest…
Gold Rebounds From over One-month Low on Weaker Dollar
Gold reversed course and edged higher on Monday, supported by a weaker dollar, after hitting a more than one-month low earlier as easing US-China trade…
Gold Heads for Weekly Fall as Fewer Fed Rate Cut Prospects
Gold prices fell on Friday and were on track for a weekly decline, as an overall stronger dollar and the prospect of fewer US interest…
Gold Falls as Firmer Dollar Adds to Pressure
Gold prices declined more than 1% on Tuesday as the dollar’s reversal to trade higher added to the pressure on the safe-haven asset following US…
Taiwan’s ReTech turns semiconductor waste into gold
Hsinchu-based ReTech Environmental Solutions has developed a way to recycle semiconductor waste into export-grade cryolite, reshaping its entire business model. ReTech’s breakthrough began in June 2017, when…
Gold Falls as Positive US-China Tariff Talks
Gold slipped on Monday as positive US-China trade talks alleviated market fears, leading investors to shift from safe-haven assets towards riskier investments. Spot gold fell…