Browsing: gold prices

As global commodity markets absorbed the impact of a quarter-point increase in interest rates by the U.S. Federal Reserve, bullion encountered renewed downward pressure across international trading desks. Spot gold fell by 1 percent to $4,249 per ounce, reaching multi-session

– On Thursday, gold prices moved slightly higher as a softer U.S. dollar provided support for the precious metal ahead of upcoming U.S. inflation figures. Spot gold increased by 0.3%, reaching $4,414.28 per ounce by 0419 GMT. Meanwhile, U.S. gold

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 prices fell on Tuesday as a firmer U.S. dollar weighed on bullion in a session marked by thin liquidity. Spot gold was down 0.8% at $4,953.90 an ounce by 0345 GMT, after falling about 1% earlier in

MENA Newswire, NEW YORK: The U.S. dollar weakened broadly in late January trading as the Japanese yen climbed sharply, with investors focused on signs that officials in Tokyo and Washington were monitoring rapid currency moves. The yen’s surge helped pull

MENA Newswire, NEW YORK: U.S. stock indexes ended Monday at record closing highs, with the Dow Jones Industrial Average and the S&P 500 posting modest gains, as investors balanced strength in select corporate shares against heightened political pressure on the

MENA Newswire, NEW YORK: Gold prices rose on Tuesday to their highest level in a week, supported by renewed expectations of an interest rate cut in the United States following remarks by officials at the Federal Reserve. The move marked

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