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  • Gold Steadies Despite Rate Hike Headwinds, Set For Flat Week

    Gold Steadies Despite Rate Hike Headwinds, Set For Flat Week0

    • Gold
    • September 23, 2022

    Gold prices steadied on Friday, and were set to end the week largely unchanged as selling pressure from a hawkish Federal Reserve appeared to have eased. Bullion prices showed surprising resilience this week after the Fed hiked rates and struck a more hawkish tone than many were expecting, with U.S. interest rates now set to

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  • Gold Steadies Around $2,000 As Recession Fears Fuel Safe Haven Demand

    Gold Steadies Around $2,000 As Recession Fears Fuel Safe Haven Demand0

    Gold prices moved little on Friday, but stuck to key levels as a string of weak economic readings brewed concerns over slowing growth and fed into haven demand for the yellow metal. While gold prices were pressured by some strength in the dollar this week, softer-than-expected manufacturing and employment readings weighed on the greenback in

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  • Gold Steadies Ahead of Fed Minutes, Copper Slammed By China Fears

    Gold Steadies Ahead of Fed Minutes, Copper Slammed By China Fears0

    Gold prices hovered around six-month highs on Wednesday, cutting short a recent rally as traders bought back into the dollar in anticipation of more cues on monetary policy from the minutes of the Federal Reserve’s December meeting. The yellow metal marked a strong start to the new year as concerns over a looming recession and

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  • GOLD STEADIES ABOVE $1,650 AS SAFE HAVEN APPEAL CREEPS BACK IN

    GOLD STEADIES ABOVE $1,650 AS SAFE HAVEN APPEAL CREEPS BACK IN0

    Gold Prices Steadied Above A Major Support Level On Monday As Growing Risks Of An Economic Recession Spurred Some Safe Haven Demand For The Yellow Metal. Prices also recovered marginally from a bruising September, where they dropped 3%. Bullion prices marked their worst quarter since March 2021 with a 7.5% drop Spot gold rose 0.2%

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  • Gold Slumps Below $1,800 as Fed Fears Resurfacea

    Gold Slumps Below $1,800 as Fed Fears Resurfacea0

    • Gold
    • December 6, 2022

    Gold prices sank below key levels on Tuesday, with metal markets back under pressure as stronger-than-expected U.S. data boosted the dollar and ramped up uncertainty over strength in the U.S. economy and how the Federal Reserve will respond to it. The dollar rose for the first session in four on Monday, recovering from a five-month

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  • Gold Slumps Below $1,800 as Fed Fears Resurfacea

    Gold Slumps Below $1,800 as Fed Fears Resurfacea0

    • Gold
    • December 6, 2022

    Gold prices sank below key levels on Tuesday, with metal markets back under pressure as stronger-than-expected U.S. data boosted the dollar and ramped up uncertainty over strength in the U.S. economy and how the Federal Reserve will respond to it. The dollar rose for the first session in four on Monday, recovering from a five-month

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