Gold prices fell on Wednesday, nearing their recent two-week lows as a stronger dollar and rising Treasury yields weighed on demand for the precious metal. Gold futures for June delivery on the Comex division of the New York Mercantile Exchange were down $7.30 or 0.54% to $1,325.90 a troy ounce by 04:41 AM ET (08:41 […]
The U.S. dollar rose to seven-week highs against a currency basket on Wednesday, driven by rising Treasury yields with the U.S. 10-year bond yield reaching its highest level since early 2014. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, rose 0.31% to 90.84 by 03:56 AM ET […]
Gold prices held steady on Tuesday as the dollar remained little changed against a currency basket as fears over a possible trade war between the U.S. and China eased after Chinese President Xi Jinping promised to lower import tariffs. Gold futures for June delivery on the Comex division of the New York Mercantile Exchange were […]
The dollar rose against the yen on Tuesday as fears over a simmering trade spat between the U.S. and China eased after Chinese President Xi Jinping promised to lower import tariffs. Speaking at the Boao Forum for Asia, Xi said that China would lower import tariffs on vehicles, encourage imports and strengthen the protection of […]
The dollar slipped lower against a basket of the other major currencies on Tuesday as rising global trade tensions continued to weigh on market sentiment. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.18% to 89.53 by 03:20 AM ET (07:20 AM GMT). Investors […]
Gold prices moved lower on Tuesday, trimming some of the previous day’s gains as U.S. stock futures pointed to a recovery on Wall Street following Monday’s selloff, dampening safe haven demand for bullion. Gold futures for June delivery on the Comex division of the New York Mercantile Exchange fell $5.60 or 0.42% to $1,341.10 a […]
The dollar slipped lower against a currency basket on Monday as traders remained cautious amid escalating trade tensions after China increased tariffs on U.S. imports, adding to fears over the prospect of a trade war. The U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was down 0.16% […]
