Archive for Tag: GOLD Market News

Gold

Gold Down, Retreating U.S. Bond Yields Counter Strengthening Dollar

Gold was trading 0.48% down at $1,796.35 Gold was down on Friday morning in Asia, recovering from the more than one-week low hit during the previous session. Retreating U.S. bond yields and weaker-than-expected U.S. economic data also helped to counter a strengthening dollar. Gold Futuresinched down 0.06% to $1,804.35...

Read More
Commodity Markets Outlook

Gold Down, Near One-Week Low Over Strengthening Dollar, Increasing Risk Appetite

Gold was trading 0.36% down at $1,796.10 Gold was down on Wednesday morning in Asia. The dollar strengthened and fears about the recent surge in COVID-19 cases involving the Delta variant also eased, thus increasing investors’ risk appetite. Gold Futuresedged down 0.18% to $1,808.05 by 1:10 AM ET (5:10...

Read More
Gold Prices Today

Gold Down as Investors Regain Risk Appetite

Gold was trading 0.54% down at $1,801.10 Gold was down on Wednesday morning in Asia. The dollar strengthened and fears about the recent surge in COVID-19 cases involving the Delta variant also eased, thus increasing investors’ risk appetite. Gold Futuresedged down 0.18% to $1,808.05 by 1:10 AM ET (5:10...

Read More
Market Outlook

Gold Down, But Inflation, COVID-19 Concerns Cap Losses

Gold was trading 0.98% down at $1797.10 Gold was down on Monday morning in Asia. However, lower U.S. Treasury yields in addition to concerns over the rising number of COVID-19 cases globally and its impact on the global economic recovery capped losses for the yellow metal. Gold Futures inched...

Read More
Gold Price Today

Gold Down, Investors Continue Digesting Latest Fed Meeting Minutes

Gold was trading 0.77% up at $1,815.50 Gold was down on Thursday morning in Asia as investors continued to digest the U.S. Federal Reserve’s minutes from its latest policy meeting. A strengthening dollarand lower U.S. Treasury yield also limited gains for the yellow metal. Gold futureswere down 0.30% to...

Read More
market outlook

Gold Up Over Softer Dollar, Investors Await Latest Fed Meeting Minutes

Gold was trading 0.85% up at $1,809.50 Gold was up on Wednesday morning in Asia after hitting a three-week high during the previous session.Gold Futures were up 0.25% to $1,798.60 by 12:41 AM ET (4:41 AM GMT) after climbing to their highest level since Jun. 17 during the previous...

Read More
Commodity Markets Outlook

Gold Down, Near Over Two-Month Low as Investors Await U.S. Jobs Data

Gold was trading 0.38% down at $1756.95 Gold was down on Wednesday morning in Asia, near an over two-month low and headed towards its worst monthly drop since November 2016. Investors now await U.S. jobs data for further clues on the U.S. Federal Reserve’s monetary policy moving forward. Gold...

Read More
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...

Read More
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...

Read More
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...

Read More