
Articles
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3 weeks ago |
marketscreener.com | Brijesh Patel |Daksh Grover
(Reuters) -Gold on Wednesday extended its retreat from an all-time high, as appetite for riskier assets improved after President Donald Trump said he has no plans to fire the U.S. central bank chief and also signalled progress with China on the tariff front. Spot gold slipped 2.2% at $3,305.79 an ounce by 09:23 a.m. ET (1323 GMT), after hitting a record high of $3,500.05 in the previous session. U.S. gold futures dropped 2.9% to $3,320.40. "The market is starting to move past the tariff crash.
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3 weeks ago |
marketscreener.com | Ashitha Shivaprasad |Daksh Grover
(Reuters) - Gold surged above $3,400 to a new record high on Monday, as the dollar weakened and uncertainty over the economic impact of U.S.-China trade tensions spurred demand for safe-haven bullion. Spot gold rose 2.6% to $3,414.91 an ounce at 09:26 a.m. ET (1326 GMT). Prices hit a record high of $3,424.25 earlier in the session. U.S. gold futures rose 2.9% to $3,424.50.
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1 month ago |
msn.com | Daksh Grover |Brijesh Patel
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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1 month ago |
msn.com | Daksh Grover |Brijesh Patel
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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1 month ago |
theprint.in | Daksh Grover |Brijesh Patel
U.S. gold futures settled mostly unchanged at $3,041.20. “Gold rallies to another historic high after a truly virtuoso performance by Chair Powell – as stocks and bonds also rally,” said Tai Wong, an independent metals trader. [.N]“Gold is in a bull market after surging strongly above $3000 and will continue to move higher on ‘elevated’ uncertainty and fear of higher inflation.” “The market is thinking, buy gold no matter what,” he added. The Fed maintained its policy rate between 4.25% and 4.50%.
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