The strong dollar drags gold to its lowest level in 7 months
The dollar stabilized near the highest level in ten months, while Treasury bond yields fell from the highest level in ...
Tag: silver price
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 ...
An ounce of gold is holding on above 2030 dollars… and US inflation data will chart the course
US CPI data is due at 1230 GMT. Economists polled by Reuters expect a 5.5 percent year-on-year rise in core ...
The strong dollar pressures gold prices amid anticipation of the Federal Reserve meeting
The Federal Open Market Committee will meet Tuesday and Wednesday this week, and investors expect a rate hike of 25 ...
Despite the approaching interest rate decision, gold is holding near $2,000 an ounce
Data on Tuesday showed US consumer confidence fell to a nine-month low in April as anxiety about the future increases, ...
With the Federal Reserve meeting approaching, gold weakens against the strength of the dollar
CME VideoWatch shows that markets are betting 88.6 percent that the Federal Reserve will raise interest rates by 25 basis ...
Gold is rising as bets increase on halting interest rate hikes
"Expectations that the Fed's hike cycle may be nearing its end is supported by recent US consumer price index data, ...
Expectations of a US rate hike limit gold’s gains
High interest rates make gold less attractive as a hedge against inflation, as they increase the opportunity cost for holders ...
Gold prices rose as a result of the dollar’s decline and hopes for a slowdown in interest rate hikes
And the price of gold rose 0.1 percent to 1929.04 dollars an ounce at 0014 GMT. There was little change ...
Above $1,900, an ounce of gold hits the highest level in 9 months
Spot gold rose 0.4 percent to $1905.19 an ounce by 1008 GMT. It has risen 2.1 percent so far this ...
