Articles

  • 1 week ago | reuters.com | Brijesh Patel |Anmol Choubey

    A view of smelted gold bars at a smelting facility in Accra, Ghana, August 22, 2024. REUTERS/Francis Kokoroko/File Photo Gold down 2.2% so far this weekDollar set for best week in over a monthPlatinum heads for third straight week of gainsJune 20 (Reuters) - Gold prices fell on Friday and were on track for a weekly decline, as an overall stronger dollar and the prospect of fewer U.S. interest rate cuts offset support from rising geopolitical risks in the Middle East.

  • 1 week ago | usatoday.com | Aida Pelaez-Fernandez |Anmol Choubey

    MEXICO CITY – Hurricane Erick made landfall along Mexico’s southern Pacific coast as a Category 3 storm with maximum sustained winds near 125 mph, authorities said. The storm had strengthened to a Category 4 early on the morning of June 19, but weakened ahead of landfall, though it was still expected to bring intense rain and cause potentially life-threatening landslides. A hurricane warning was in effect between the tourist enclaves of Acapulco and Puerto Angel.

  • 1 week ago | reuters.com | Brijesh Patel |Anmol Choubey

    Jewellery is displayed at the Gold Souk market in Dubai, United Arab Emirates, March 14, 2025. REUTERS/Amr Alfiky/File Photo US Fed signals slower easingPlatinum up more than 1%June 19 (Reuters) - Gold prices gained on Thursday, as rising tensions in the Middle East buoyed demand for the safe-haven asset, although the U.S. Federal Reserve's cautious stance on future rate cuts kept gains in check. Spot gold was up 0.2% at $3,376.48 an ounce, as of 0215 GMT. U.S. gold futures eased 0.4% to $3,393.70.

  • 1 week ago | sg.finance.yahoo.com | Brijesh Patel |Anmol Choubey

    Brijesh Patel and Anmol Choubey Wed, 18 Jun 2025, 10:38 pm 2 min read By Brijesh Patel and Anmol Choubey (Reuters) -Gold prices gained on Thursday, as rising tensions in the Middle East buoyed demand for the safe-haven asset, although the U.S. Federal Reserve's cautious stance on future rate cuts kept gains in check. Spot gold was up 0.2% at $3,376.48 an ounce, as of 0215 GMT. U.S. gold futures eased 0.4% to $3,393.70.

  • 1 week ago | gurutrade.com | Brijesh Patel |Anmol Choubey |Eileen Soreng

    US Fed statement due at 1800 GMT SPDR Gold Trust holdings rose 0.4% on Tuesday Dollar down 0.2% against its rivals June 18 (Reuters) - Gold prices inched higher on Wednesday, buoyed by a retreat in the dollar, while investors held back from placing large bets ahead of the U.S. Federal Reserve's policy decision later in the day. Spot gold edged 0.1% higher at $3,393 an ounce, as of 0517 GMT. U.S. gold futures gained 0.1% to $3,411.60.

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