Tag: Gold Markets

Gold struggles to hold above $1,800 as traders look ahead to Fed meeting

Gold futures wavered between small gains and losses on Monday holding around the key $1,800 mark, finding some support as the U.S. dollar softened, as...

Gold heads for highest finish in nearly a month as Powell says inflation will moderate

Gold futures headed toward their highest finish in nearly a month on Wednesday, with prices up for a second session. Softness in the U.S. dollar...

Gold logs back-to-back gains to start July, second half of 2021

Gold futures finished higher Thursday, supported by opportunistic buying and an unwind of short bets overnight, amid a rise in the dollar to a three-month...

Gold prices finish higher after sharpest weekly skid in over a year

Gold futures ended higher Monday, with the precious metal scoring a partial rebound from its steepest weekly decline since March 2020. Bullion’s gains came as...

Gold slips back from key $1,900 level ahead of U.S. data

Gold prices hovered under the key level of $1,900 on Thursday, as investors waited economic data that could offer clues as to whether the commodity’s...

Global Q1 gold demand down 23% year on year

Global gold demand in the first quarter dropped from a year ago on the back of a more than 70% year-on-year decline in gold investments,...

Dogecoin army’s campaign to drive crypto to $1 was a bust — so why are the bulls feeling vindicated?

It was a dollar or bust for the dogecoin community on Wednesday — and now it seems that dogecoin fanatics have been left with only...

Why gold’s biggest quarterly drop in 4 years doesn’t mark the end of its bull cycle

After suffering its biggest quarterly loss since 2016, gold stands as one of the few commodities trading lower this year, but prices still have room to run higher even if...

Silver prices tumble nearly 7% and gold skids below trend lines

Gold and silver futures headed sharply lower Tuesday, with the tumble in prices for gold’s sister metal coming as the CME Group raised margin deposit...

Gold climbs to highest finish in a week on hope for further U.S. coronavirus relief

Gold futures climbed on Tuesday to finish at their highest in a week, rebounding from a two week low a day earlier, as prospects for...

Gold prices rise, even as dollar rebounds, yields hold higher

Gold futures added to gains on Wednesday after a sharp rally in the session prior, with bullion buoyed by seasonal buying trends that have momentarily...

Gold prices post first loss in 4 sessions

Gold futures settled lower on Tuesday, easing back after climbing over the last three trading sessions but failing to reclaim the key $1,900-an-ounce mark. Prices...

Gold prices inch higher to halt skid, but mark first back-to-back weekly fall since March

Gold futures eked out a tiny gain on Friday to halt a third consecutive slide, but the precious metal’s advance for the day wasn’t sufficient...

Gold prices edge higher but march to $2,000 hamstrung by rising dollar

Gold futures were trading near break-even levels to slightly higher on Tuesday, with a renewed buoyancy in the U.S. dollar capping the precious metal’s gains...

Gold has ‘no role’ in portfolio of wealth clients, says Goldman manager

Don’t believe the hype. That’s the message from Sharmin Mossavar-Rahmani, chief investment officer of private wealth management at Goldman Sachs, who thinks that gold is...

Why silver is trading at a nearly 4-year high

Silver futures on Monday marked their highest settlement in nearly four years, buoyed by a sharp climb in investment demand as the metal continues to...

Why gold has become a ‘weapon of choice’ for investors

Gold prices have climbed to their highest levels in nearly nine years, with the precious metal seen as a ‘weapon of choice’ for gold investors...

How negative interest rates help gold act like a ‘risk-on’ asset as it pushes toward all-time high

Gold is traditionally thought of as a haven asset — a safe port in a storm. But that hasn’t stopped it from rising to a...