Archive for Tag: gold outlook


Gold Down, Near Two Week Low Over Firm Dollar, Rising Treasury Yields

Gold was trading 1.49% up at $1687.60. Gold was down on Tuesday morning in Asia, dropping to its lowest level in more than two weeks. Investors turned away from the safe-haven asset as the quickening vaccine rollout and the prospect of more stimulus measures in the U.S. saw the...

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Gold price today: Yellow metal struggles below Rs 44,900; silver near Rs 65,150

NEW DELHI: Gold and silver futures traded flat on Thursday as support from easing US Treasury yields was offset by a strong dollar, which emerged as a preferred safe-haven amid growing concerns about extended lockdowns in Europe. US Treasury yields dipped after the Treasury saw average demand for an...

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Gold Down, But Boosted By Weaker Dollar, Further U.S. Stimulus Bets

Gold was down on Friday morning in Asia, easing as U.S. Treasury yields gained but also aided by a weaker dollar and further U.S. stimulus bets. Gold Futuresedged down 0.17% at $1,862.65 by 11:35 PM ET (4:35 AM GMT). The dollarinched down on Friday. Benchmark treasury yields remained higher...

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Gold Perks up As Treasury Nominee Yellen Hints at Big Fiscal Deficit

Gold prices gained a leg higher on Tuesday, reacting to U.S. Treasury Secretary nominee Janet Yellen’s plans to fight the coronavirus-induced economic crisis with big spending. Gold for february deliveryon New York’s Comex settled up $10.30, or 0.6%, at $1,851.40 per ounce. The benchmark gold futures contract had been...

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Gold Down, Investors Await Biden’s “Trillions” in Stimulus Plans

Gold was down on Thursday morning in Asia, with investors awaiting details on U.S. President-elect Joe Biden’s plans for further stimulus measures. Gold Futureswere down 0.85% at $1,839.20 by 12:16 M ET (5:16 AM GMT). U.S. Treasury yields and the dollarboth saw rebounds on Thursday. Benchmark ten-year Treasury yields...

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Gold Down Over Firmer Dollar, High U.S. Treasury Yields

Gold was down on Tuesday morning in Asia, declining slightly as a firmer dollarand high Treasury yields outweighed U.S. political uncertainty and rising numbers of COVID-19 cases globally. Gold Futuresinched down 0.03% at $1,850.20 by 11:05 PM ET (4:05 AM GMT). Benchmark Treasury yields continued at 10-month highs as...

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