Archive for Tag: gold dollar

Gold Market Outlook

Gold Up Ahead of U.S. Inflation Data

GOLD was trading 0.38% up at $1,783.55. Gold was up on Friday morning in Asia as investors digested mixed signals from U.S. Federal Reserve officials on interest rate hikes earlier this week, while awaiting U.S. inflation data due later in the day. Gold Futures inched up 0.06% to $1,777.70...

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Gold prices

Gold Down, Investors Await Further Inflation Data

GOLD was trading 0.08% up at $1900.25. Gold was down on Tuesday morning in Asia, hovering just below the $1,900 mark as investors await further clues later in the week to gauge inflationary pressure. God Futures inched down 0.03% to $1,898.30 by 12:12 PM ET (4:12 AM GMT). The...

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Gold Prices

Gold Down, Hovers Near Five-Year Highs Following China Caixin Services Data

Gold was trading 0.24% down at $1905.25. Gold was down on Thursday morning in Asia, but remained near five-year highs, as investors digested China’s Caixin services economic data and await key U.S. economic data for clues about the economic outlook. Gold futures edged down 0.13% to $1,907.45 by 11:57...

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Gold Prices

Gold Down From Five-Month Peak Following Positive U.S. Economic Data

Gold was trading 0.21% down at $1901.85. Gold was down on Wednesday morning in Asia from the near five-month high hit during the previous session over the release of better-than-expected U.S. economic data and a rise in bond yields. Gold Futures were down 0.32% to $1,898.95 by 12:43 AM...

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Gold Prices

Gold Rises as Momentum With Bulls After Best Month Since July

Gold was trading 0.41% up at $1913.85. Gold added to its biggest monthly gain since July as the dollar weakened and investors awaited fresh data on the U.S. economy to feed the debate about inflation. Bullion wiped out losses earlier this year with a 7.8% rise over May amid...

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Gold Slips From Four-Month High as Central Banks’ Views in Focus

Gold was trading 0.30% down at $1895.50. Gold slipped from the highest level in more than four months as the dollar and Treasury yields edged up, with investors weighing the future of monetary policy in a post-pandemic world. Federal Reserve Vice Chairman for Supervision Randal Quarles said on Wednesday...

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