Gold prices slipped on Thursday, pulling away from the previous session’s two-and-a-half week highs posted after mixed U.S. economic reports dampened expectations for a more aggressive rate hike policy by the Federal Reserve. Comex gold futures were down 0.18% at $1,355.6 a troy ounce by 02:05 a.m. ET (06:05 GMT), after climbing to a two-and-a-half […]
The dollar fell broadly on Thursday, hitting a 15-month low against the yen as U.S. bond yields rose after a report showing that inflation rose at a faster than expected pace last month. USD/JPY was down 0.72% to 106.23 by 03:15 AM ET (08:15 AM GMT), the weakest level since Nov. 11, 2016. The dollar […]
Gold prices continued higher on Wednesday, as investors looked ahead to U.S. inflation data to gauge how it will impact the Federal Reserve’s view on monetary policy in the months ahead. Comex gold futures were up around $6.00, or 0.4%, at $1,335.80 a troy ounce by 3:40AM ET (0840GMT). It reached its best level since […]
