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 PRice
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 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 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…
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…
Gold Slips More Than 1% as China Considers US Tariff Exemption
Gold prices lost more than 1% on Friday and were heading for a weekly fall on signals of a potential de-escalation in the US-China trade…
Stocks Stabilize, Gold Hits Record before Trump Tariff Reveal
Asian equities rose on Tuesday following Wall Street’s overnight gains, while gold hit an all-time peak and Treasury yields fell as markets awaited details of…