Blog 1 Column Left Sidebar

Gold Prices Dip From $2,000, Banking Crisis in Focus 0
- Uncategorized
- March 27, 2023
Gold prices retreated on Monday as traders locked in profits after a strong run of gains, but remained near key levels hit last week as fears of a global banking crisis kept safe haven demand high. Bullion prices surged to the over $2,000 last week amid concerns over the next domino to fall among U.S.
READ MORE
Gold Prices Dip Amid Rate Hike Uncertainty, Copper Retreats 0
- Uncategorized
- June 5, 2023
Gold prices fell slightly on Monday amid uncertainty over whether the Federal Reserve will hold interest rates steady later this month, while concerns over weakening economic growth pulled copper prices down. The yellow metal fell on Friday after U.S. nonfarm payrolls data read much stronger than expected for May, which posited a hawkish outlook for
READ MORE
Gold Prices Creep Higher as USD Retreats, Hawkish Fed Caps Gains 0
- Gold
- October 19, 2022
Gold prices rose slightly on Wednesday, extending mild gains into a third session as pressure from the dollar abated, although hawkish signals from Federal Reserve officials prevented further gains Spot gold rose 0.1% to $1,653.49 an ounce, while gold futures rose 0.2% to $1,658.90 an ounce by 19:20 ET (23:20 GMT). Both instruments spent a
READ MORE
Gold Extends Gains, Set For Bumper Week Amid Softer Inflation 0
- Uncategorized
- April 14, 2023
Gold prices rose for a fourth straight session on Friday following more signs that U.S. inflation was easing, while persistent fears of a 2023 recession also underpinned safe haven demand for the yellow metal. Data on Thursday showed that U.S. producer price index inflation grew at a slower pace in March, coming a day after
READ MORE
Gold Edges Lower, Copper Slides On Disappointing Chinese Data 0
- Uncategorized
- May 31, 2023
Gold prices crept lower on Wednesday as markets awaited more cues on the raising of the U.S. debt ceiling, while copper prices slid after data offered more signals of a slowing economic rebound in China. Copper futures sank 0.7% to $3.6338 a pound, and were set to lose about 6% in May as data showed
READ MORE
Gold Edges Lower As Markets Seek Clarity On Fed Rate Hikes 0
- Uncategorized
- April 19, 2023
Gold prices fell slightly in Asian trade on Wednesday, but hovered around key levels as markets awaited more cues on U.S. monetary policy from a string of upcoming Federal Reserve speakers and reports. The yellow metal retook the $2,000 level on Tuesday as the dollar and U.S. Treasury yields cooled after a recent recovery rally.
READ MORE

Latest Posts

Top Authors

EDITOR

ADMINISTRATOR

EDITOR

About PressRoom

PressRoom Ltd.

Phone & Fax

Get In Touch With Us

Latest Posts

Latest Galleries