Tag Archives: Precious Metals

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 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 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.

Silver prices steady as markets eye US inflation data 

Silver prices rose slightly above $31 per ounce, maintaining sideways as the markets anticipate key US inflation data. Learn how a supply deficit in 2024 will hit the momentum.

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