Tag Archives: Gold

Gold dips as traders eye Fed rate cut and U.S. jobs data

Gold prices have taken a step back from their record highs as traders closely monitor developments around the U.S. Federal Reserve’s rate decisions and upcoming economic data.

Gold remains near a record high on optimism about US rate cuts

Gold prices held close to record highs on Monday as growing optimism around a U.S. interest rate cut bolstered the metal’s allure. Spot gold edged 0.2% lower to $2,501.19 per ounce by 0042 GMT, just shy of Friday’s all-time high of $2,509.65.

Gold prices flat as rate cut hopes dim on US inflation data 

Gold prices steady as US inflation data dampens hopes for a larger Fed rate cut. Explore the implications for gold traders and upcoming economic indicators.

Gold prices hold steady ahead of key US inflation data 

Gold prices remained stable as traders await crucial US inflation data this week, which could impact the Federal Reserve’s upcoming interest rate decision.

Gold edges up on improved Fed rate cut expectations and Mideast tensions

Key points Spot gold prices rose 0.3% to $2,387.37 per ounce as of 0157 GMT. Meanwhile, U.S. gold futures dipped by 0.3% to $2,426.00 per ounce. These movements reflect market anticipation of an interest rate cut by the U.S. Federal Reserve, with a 72% probability of a 50 basis points cut in September, up fromContinue Reading

Gold eases as profit-taking takes place, but rate-cut bets provide support 

Gold prices eased as profit-taking takes place but worries about recession and rising expectations of US interest rate cuts limited its downside.

Gold remains sluggish as Fed meeting approaches

Spot gold was down 0.1% at $2,380.31 per ounce, as of 0156 GMT. U.S. gold futures were little changed at $2,377.30.

Gold falls as investors wait for U.S. economic data

Gold prices fell nearly 1% on Thursday as investors took profits ahead of key U.S. economic data. Spot gold dropped 0.9% to $2,377.29 per ounce by 0217 GMT, while U.S. gold futures declined 1.6% to $2,376.70.

Safe-haven gold strengthens as Biden’s move sparks market uncertainty

Gold prices firmed on Monday as the dollar eased following U.S. President Joe Biden’s decision to withdraw from the 2024 presidential race. Investors turned to bullion as a hedge against an uncertain political and market outlook.

Gold prices rise in anticipation of Fed rate cut and economic uncertainty 

Gold prices near record highs as anticipation of a US Fed rate cut boosts demand. Find out more about the factors driving the surge in gold.

Back To Top
server

Hello there 👋

How can I help you?

Chat with our team instantly

Live Chat

Start a live conversation through...

  • Telegram
    hold On hold
  • Coming Soon...

Hello there 👋

How can I help you?

telegram

Scan the QR code with your smartphone to start a chat with us, or click here.

Don’t have the Telegram App or Desktop installed? Use Web Telegram instead.

QR code