US debt ceiling talks weaken the attractiveness of gold
Edward Meer, a metals analyst at Marks Financial Services, said that gold may remain in a range ranging from 1965 ...
Edward Meer, a metals analyst at Marks Financial Services, said that gold may remain in a range ranging from 1965 ...
US CPI data is due at 1230 GMT. Economists polled by Reuters expect a 5.5 percent year-on-year rise in core ...
Although gold is a hedge against inflation, high interest rates undermine the attractiveness of the precious metal, which does not ...
The Federal Open Market Committee will meet Tuesday and Wednesday this week, and investors expect a rate hike of 25 ...
Data on Tuesday showed US consumer confidence fell to a nine-month low in April as anxiety about the future increases, ...
"Expectations that the Fed's hike cycle may be nearing its end is supported by recent US consumer price index data, ...
High interest rates make gold less attractive as a hedge against inflation, as they increase the opportunity cost for holders ...
Spot gold rose 0.4 percent to $1905.19 an ounce by 1008 GMT. It has risen 2.1 percent so far this ...
The price of gold rose 0.6 percent to $1877 an ounce by 0531 GMT. US gold futures rose 0.6 percent ...
Powell said on Wednesday that the time has come to slow down the pace of the next hike in US ...