Browsing: gold futures

Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as oil prices surged and expectations for higher U.S. interest rates strengthened. Spot gold fell to $3,996.76 per ounce, its lowest level in two weeks. U.S. gold

Gold prices fell to a seven-month low on Wednesday as a stronger dollar and firmer U.S. Treasury yields pressured bullion. Spot gold dropped 1% to $3,964.97 an ounce after touching $3,942.99 in the previous session. That marked its lowest level

ISLAMABAD: Gold prices held steady on Thursday as investors weighed a fragile U.S.-Iran ceasefire, preparations for talks in Islamabad and a fresh round of U.S. inflation data that could shape the Federal Reserve’s next move on interest rates. The metal

NEW YORK: Gold traded back above the $5,000 an ounce level this week, with spot prices around $5,078 as a softer U.S. dollar coincided with renewed demand for the metal. The move followed sharp swings since late January, when gold

MENA Newswire, NEW YORK: Gold and silver prices suffered historic one day losses on Friday after U.S. President Donald Trump said he would nominate Kevin Warsh to lead the Federal Reserve. The most active silver futures sank 31.4% to settle

MENA Newswire, SINGAPORE: Gold climbed above US$4,800 per ounce for the first time on Wednesday, extending a record-setting rally as investors shifted toward bullion amid heightened geopolitical frictions and a broad pullback in U.S. financial assets.

MENA Newswire, NEW YORK: Gold prices rose more than 1 percent on Monday, extending their recent gains as all major precious metals recorded strong performances at the start of the week. The rise marked a continuation of bullish momentum in