
Sarah Qureshi
Articles
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2 weeks ago |
marketscreener.com | Rahul Paswan |Sarah Qureshi
(Reuters) - Gold steadied on Friday after its slip from record highs as China retaliated with fresh tariffs against U.S. President Trump's sweeping levies, with focus also on the U.S. non-farm payrolls report due later in the day. Spot gold was down 0.1% at $3,109.19 an ounce as of 1038 GMT, after falling 1% earlier in the session, while U.S. gold futures were up 0.3% at $3,130.70.
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3 weeks ago |
gurutrade.com | Sarah Qureshi |Franklin Paul
April 3 (Reuters) - HSBC raised its average 2025 and 2026 gold price forecast to $3,015 and $2,915 per ounce respectively, citing geopolitical risks. This is an increase from its previous forecasts of $2,687 and $2,615, it said in a note dated Wednesday. The investment bank said geopolitical risks, including the Ukraine war and Middle East conflicts, along with U.S. foreign policy changes and economic uncertainty, are driving gold prices higher.
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3 weeks ago |
marketscreener.com | Rahul Paswan |Sarah Qureshi
(Reuters) - Gold's record run extended to another all-time high on Tuesday, buoyed by safe-haven demand as investors brace for U.S. President Donald Trump's planned announcement on reciprocal tariffs. Spot gold was up 0.3% at $3,131.56 an ounce at 0914 GMT, after hitting a record high of $3,148.88 earlier. U.S. gold futures were 0.3% higher at $3,159.10.
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4 weeks ago |
gurutrade.com | Rahul Paswan |Sarah Qureshi |Jan Harvey
Fed's Kugler: inflation progress has slowed U.S. PCE data due on Friday Spot gold up 15% for the year so far March 26 (Reuters) - Gold prices rose for a second straight session on Wednesday, buoyed by safe-haven demand as markets awaited further clarity on U.S. President Donald Trump's trade policies. Spot gold was up 0.1% at $3,022.63 an ounce by 0909 GMT, while U.S. gold futures steadied at $3,026.70.
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