Feb 22, 2024

Gold Price News: Gold Prices Gain As US Dollar Dips

Gold Price News: Gold Prices Gain As US Dollar Dips: Gold Price News: Gold Prices Gain As US Dollar Dips Gold prices made further gains on Monday and Tuesday to rise above $2,030 an ounce for the first time since February 9. The US dollar fell against o...

Oct 7, 2023

Gold price down after much stronger U.S. jobs growth in Sept.

Gold price down after much stronger U.S. jobs growth in Sept.: Gold price down after much stronger U.S. jobs growth in Sept. Gold prices are modestly lower in the immediate aftermath of a U.S. employment report for September that showed much-stronger-than-expect...

Jul 2, 2023

Here's why gold price is above $1,900 despite two looming rate hikes

Here's why gold price is above $1,900 despite two looming rate hikes: Here's why gold price is above $1,900 despite two looming rate hikes After testing $1,900 an ounce, gold has come out on top, saving itself from a more significant selloff if prices dropped below this...

Mar 22, 2023

Gold prices decline after reaching $2000 yesterday as banking fears ease

Gold prices decline after reaching $2000 yesterday as banking fears ease: Gold prices decline after reaching $2000 yesterday as banking fears ease Yesterday gold futures surged to the highest value of 2023, however after trading to a high of $2014 gold basis is most active ...

Dec 11, 2022

Hawkish Fed surprise could knock down gold price next week

Hawkish Fed surprise could knock down gold price next week: Hawkish Fed surprise could knock down gold price next week Even though gold is looking to end the week above $1,800 an ounce, there is a high chance for a move lower as the Federal Reserve can still s...

Aug 15, 2022

Stronger dollar set for weekly loss as traders adjust rate hike bets

Stronger dollar set for weekly loss as traders adjust rate hike bets: Stronger dollar set for weekly loss as traders adjust rate hike bets The dollar rallied on Friday but was set for a weekly drop as traders weighed improving U.S. inflation data against comments from F...

May 5, 2022

Gold sees modest rally following mildly dovish FOMC statement

Gold sees modest rally following mildly dovish FOMC statement: Gold sees modest rally following mildly dovish FOMC statement Gold prices are steady to firmer in early afternoon U.S. dealings Wednesday, supported by the conclusion of the U.S. central bank meeting ...