The price of gold rises above $1,990 as global yields decline FUNDAMENTAL OVERVIEW Gold’s price has gained bullish momentum and soared above $1,990 after falling toward $1,980. The standard 10-year
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Hint Other precious essence retreated on Wednesday, following a series of strong earnings. tableware futures fell1.4 to$21.742 an ounce, while platinum futures fell0.2 to$988.60 an ounce.
Gold increases due to ongoing financial concerns FUNDAMENTAL OVERVIEW While concerns about a global banking contagion linger, demand for safe havens is driving up gold prices. At the time of
As US rates lose momentum, gold remains above $1,920. Fundamental Overview Gold has regained its traction and climbed above $1,920 during the European trading hours on Thursday. The benchmark 10-year
U.S. gold futures price rose 0.24% to $1825.90; after hitting its lowest level on Wednesday. Gold costs rose on weekdays as fears of a 2023 recession spurred some shelter plays
Gold prices hovered slightly above a six-week low on Wednesday with markets remaining cautious ahead of the minutes of the Federal Reserve’s February meeting, while some stronger-than-expected U.S. economic data
Gold prices fell on Friday as stronger-than-expected U.S. inflation data and hawkish comments from Federal Reserve officials brewed concerns over more interest rate hikes, while optimism over China saw copper
Gold prices rose slightly from a one-month low on Tuesday, but saw little trading action as investors kept to the side-lines ahead of more economic cues from U.S. consumer inflation