Browsing: spot gold

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 continued its upward movement for a third consecutive session on Tuesday, building on a significant rebound from last week. Spot gold increased 1% to $4,432.74 an ounce by 0217 GMT, reaching its highest point since June 5 and

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

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 tumbled in a sharp, disorderly selloff that erased an estimated $7 trillion in notional value across precious metals, after a record-setting rally gave way to forced liquidations, margin pressures, and a stronger

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.