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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 […]
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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 […]
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Gold prices backed away from five-week highs on Tuesday as the dollar pushed higher and risk appetite was revived by hopes that the threat of a trade war between the U.S. and China could be averted. Gold futures for April delivery on the Comex division of the New York Mercantile Exchange slipped $3.4 or 0.26% […]
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Gold prices spiked to a one-month high in mid-morning European trade on Friday as mounting fears over the prospect of a trade war stoked demand for the precious metal. Gold futures for April delivery on the Comex division of the New York Mercantile Exchange rose by $13.80, or 1.04%, to $1,341.20 a troy ounce. Invoking […]
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Gold prices were trading near their highest levels in two weeks in European mid-morning trade on Thursday, boosted by a softer dollar after a less hawkish than expected Federal Reserve and growing concerns over trade tariffs. Gold futures for April delivery on the Comex division of the New York Mercantile Exchange were up $9.7 or […]
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Gold prices moved higher on Wednesday, as sentiment on the greenback weakened ahead of the Federal Reserve monetary policy decision due later in the day. Comex gold futures were up 0.21% at $1,314.7 a troy ounce by 03:05 a.m. ET (07:05 GMT), off the previous session’s two-week lows of $1,306.8. The Fed is widely expected […]
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Gold prices were hovering at 2-week lows on Monday, as the U.S. dollar regained some strength ahead of this week’s Federal Reserve policy meeting, although ongoing U.S. political woes were expected to limit the greenback’s gains. Comex gold futures were down 0.22% at $1,309.7 a troy ounce by 03:20 a.m. ET (07:20 GMT), just off […]
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Gold prices held steady on Tuesday, as demand for the U.S. dollar remained mildly supported following last week’s upbeat employment data and as traders awaited the release of highly-anticipated U.S. inflation data due later in the day. Comex gold futures were little changed at $1,320.0 a troy ounce by 03:10 a.m. ET (07:10 GMT). The […]
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Gold prices held steady on Monday, as the U.S. dollar mildly weakened after broadly strengthening thanks to Friday’s upbeat U.S. nonfarm payrolls report. Comex gold futures were little changed at $1,323.1 a troy ounce by 03:00 a.m. ET (07:00 GMT). The dollar initially strengthened after the Labor Department reported on Friday that the U.S. economy […]
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Gold prices moved lower on Friday, as market sentiment improved following news of an upcoming meeting between the U.S. and North-Korean leaders and as concerns over a potential global trade war slightly eased. Comex gold futures were down 0.20% at $1,319.2 a troy ounce by 02:20 a.m. ET (06:20 GMT). Market sentiment was boosted after […]
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