Articles

  • 1 week ago | gurutrade.com | Anushree Mukherjee |Rashmi Aich |Janane Venkatraman

    Fed's interest rate decision due this week Gold may trade in the $3,200-$3,350 range ahead of the Fed meeting, analyst says Dollar down 0.3% against its rivals May 5(Reuters) - Gold firmed on Monday, supported by a softer dollar, as investors waited to see how U.S.-China trade relations will unfold, and for the Federal Reserve's policy meeting due later this week. Spot gold gained 0.6% to $3,259.29 an ounce, as of 0623 GMT. U.S. gold futures rose 0.8% to $3,267.70.

  • 3 weeks ago | marketscreener.com | Rahul Paswan |Anushree Mukherjee

    (Reuters) - Gold prices retreated on Thursday as investors booked profits after bullion hit an all-time high, with traders assessing tariff negotiations between the U.S. and Japan. Spot gold was down 0.8% to $3,317.63 an ounce, as of 0717 GMT. Bullion has gained over 2% so far this week. U.S. gold futures shed 0.5% to $3,330.60. Bullion hit a record high of $3,357.40 earlier in the session and has risen more than 27% so far this year.

  • 4 weeks ago | marketscreener.com | Rahul Paswan |Anushree Mukherjee

    (Reuters) - Gold prices eased on Thursday as investors booked profits after bullion hit an all-time high earlier in the session as restrictions on chip sales to China and continued tariff uncertainty increased demand for the safe-haven asset. Spot gold slipped 0.1% to $3,339.37 an ounce as of 0312 GMT, after touching a record high of $3,357.40 earlier in the session. Bullion has gained more than 3% so far this week. U.S. gold futures firmed 0.2% to $3,351.50.

  • 4 weeks ago | businesslive.co.za | Rahul Paswan |Anushree Mukherjee

    New York — Gold prices extended their record run on Wednesday, breaching $3,300 an ounce, as a weaker dollar and escalating US-China trade tensions pushed investors towards the safe-haven asset. Spot gold climbed 3% to $3,328/oz at 5.50pm SA time, while US gold futures gained 2.6% to $3,324.50. “Gold remains heavily supported by a broadly weaker dollar, uncertainty around tariff announcements and fears about a global recession,” said Lukman Otunuga, senior research analyst at FXTM.

  • 4 weeks ago | marketscreener.com | Rahul Paswan |Anushree Mukherjee

    (Reuters) - Gold prices hit an all-time peak on Wednesday as a weaker dollar, escalating trade tensions and concerns over global economic growth increased demand for the safe-haven bullion. Spot gold rose 1.3% to $3,270.12 an ounce, as of 0319 GMT. It scaled a peak of $3,275.20 per ounce earlier in the session. U.S. gold futures gained 1.4% to $3,286.30.

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