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Thursday, October 3, 2024
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Gold rally cripples physical demand in key markets

Physical demand for gold across key markets has tumbled as prices continue to rise, with some retail consumers opting to sell their holdings and...

Gold back up from lows after weak US jobs openings data

Gold prices reversed course to gain on Wednesday, helped by a softer dollar and lower yields after falling US job openings signalled a possibility...

Gold drops as dollar, yields firm after US inflation report

Gold softened on Friday as the dollar and Treasury yields firmed after U.S. inflation data matched expectations, but the bullion is set for a...

Gold rallies to record high on softer dollar

Gold prices soared to an all-time high on Friday as the dollar weakened on growing expectations for an interest-rate cut from the Federal Reserve...

Gold rises more than 1% on safe-haven demand

Gold prices rose more than 1% on Thursday, supported by firm safe-haven demand and growing expectations for a sizeable interest rate cut from the...

Gold buoyed by Fed rate-cut hopes, geopolitical concerns

Gold prices firmed on Wednesday on mounting bets of US interest rate cuts in September and rising geopolitical tensions in the Middle East, with...

Gold drops over 1% as investors book profits; focus on US data

Gold slid over 1% on Thursday, falling to its lowest level in two weeks, as investors squared positions to focus on US economic...

Gold firms as investors eye Powell’s testimony, inflation data

Gold prices ticked higher on Tuesday, with investors awaiting comments from Federal Reserve Chair Jerome Powell and the US June inflation data for...

Gold succumbs to profit-taking after US jobs-fuelled rally

Gold slipped on Monday as investors booked profits after soft U.S. jobs data fuelled prices to a more than a-month high on rising...

Gold at near 2-week high

Gold prices rose more than 1% to a near two-week high on Wednesday, driven by increased bets for a September interest rate cut...

Gold shines on rate-cut hopes after inflation data

Gold prices steadied on Friday and were headed for a third straight quarterly gain after a key US inflation report was broadly in line...

Gold gains on dollar retreat

Gold prices rose on Monday, helped by a pullback in the dollar, while investors looked forward to US inflation data due later this...

Gold gains 1% as traders brace for key data

Gold prices jumped 1% on Monday after a two-week low hit in the previous session as investors assessed diminishing bets of US interest rate...

Gold slips on profit taking, investors eye Fed minutes

Gold prices fell over 1% on Wednesday as the gold rally cooled with investors booking profits, while focus shifted to minutes from the...

Gold regains ground as dollar, yields slip

Gold prices rebounded on Tuesday, helped by a pullback in the dollar and Treasury yields after data showed US producer prices rose more than...

Gold little changed as spotlight shifts to US data

Gold prices steadied on Wednesday as risk premiums over tensions in the Middle East eased while investors strapped in for U.S. economic data,...

Gold gains on weaker dollar, political tensions

Gold rates rose on Thursday on a weaker US dollar and as investors sought a safe-haven on fears the Middle East conflict could widen,...

Gold slips as dollar, yields firm up

Gold prices slipped on Monday as the dollar and Treasury yields gained following a higher-than-expected uptick in U.S. retail sales in March, feeding apprehensions...

Gold bulls eye more record highs despite lightning gains

An upgraded gold price forecast for 2024 from Nicky Shiels, head of metals strategy at Swiss gold refinery MKS PAMP, drew an unexpected follow-up...

Gold powers to new high above $2,300/oz on rate cut optimism

Gold prices hit a new record on Thursday, breaking above $2,300 per ounce, as recent comments from Federal Reserve officials cemented market expectations that...

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