
Articles
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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.
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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.
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1 week ago |
reuters.com | Brijesh Patel
Jewellery is displayed at the Gold Souk market in Dubai, United Arab Emirates, March 14, 2025. REUTERS/Amr Alfiky/File Photo Fed statement due at 1800 GMTSPDR Gold Trust holdings rose 0.4% on TuesdayJune 18 (Reuters) - Gold prices were flat in Asia trade on Wednesday as investors held back from placing large bets ahead of the U.S. Federal Reserve's policy decision, while also keeping a close watch on the developments surrounding the Israel-Iran conflict.
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1 week ago |
marketscreener.com | Brijesh Patel
Published on 06/15/2025 at 23:12, updated on 06/15/2025 at 23:18(Reuters) -Gold rose for a fourth straight session to a near two-month high on Monday, as intensified clashes between Israel and Iran over the weekend stoked fears of a broader regional conflict, pushing investors towards safe-haven assets. Spot gold gained 0.3% to $3,442.09 an ounce, as of 0246 GMT, after hitting its highest level since April 22 earlier in the session.
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3 weeks ago |
reuters.com | Rajendra Jadhav |Brijesh Patel
An employee arranges gold necklaces at a jewellery store in Mumbai, India, March 20, 2025. REUTERS/Francis Mascarenhas/File Photo Expect some selling because of high prices - Singapore dealerIndia dealers offer $56/oz discount this weekJune 6 (Reuters) - Gold discounts in India widened this week to their highest levels in more than a month, as a rally in domestic prices to near-record highs weighed on demand, while elevated rates also dampened buying across other major Asian hubs.
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