Gold prices held steady on Thursday as investors awaited more details on US President Donald Trump’s proposed steel and aluminium tariffs, the outcome of the European Central Bank’s policy meeting, and US jobs data. Spot gold rose 0.2% to $1,328.81 per ounce by 1.34pm. It hit a one-week high on Wednesday at $1,340.42, before closing […]
Gold prices edged higher on Thursday, as investors remained cautious ahead of an expected clarification by U.S. President Donald Trump on his proposed tariffs. Comex gold futures were up 0.11% at $1,329.0 a troy ounce by 0205 a.m. ET (06:05 GMT). U.S. President Donald Trump was expected to give more details later Thursday on his […]
Gold prices edged higher on Tuesday, as sentiment on the greenback remained vulnerable amid uncertainty surrounding U.S. tariffs on steel and aluminum imports as well as elections in Italy. Comex gold futures were up 0.20% at $1,322.5 a troy ounce by 02:40 a.m. ET (06:40 GMT). Investors were cautious as U.S. President Donald Trump faced […]
Gold prices eased off a two-and-a-half week low on Wednesday, as markets took a breather after comments by Federal Reserve Chair Jerome Powell in the previous session weighed heavily on the precious metal. Comex gold futures were steady at $1,319.5 a troy ounce by 02:00 a.m. ET (06:00 GMT), off Tuesday’s two-and-a-half week low of […]
Gold prices fell to one-and-a-half week lows on Thursday, after the minutes of the Federal Reserve’s latest policy minutes pointed to the need for further interest rate hikes, sending the U.S. dollar higher. Comex gold futures were down 0.62% at $1,323.7 a troy ounce by 02:00 a.m. ET (06:00 GMT), the lowest since February 14. […]
Gold prices fell to one-week lows on Wednesday, as strength in the U.S. dollar continued to weigh, although caution ahead of the minutes of the Federal Reserve’s latest meeting and uncertainty surrounding a big U.S. debt auction this week was expected to limit the greenback’s gains. Comex gold futures were down 0.09% at $1,333.0 a […]
Gold prices slipped lower on Monday, pulling away from a three-and-a-half week high as the U.S. dollar remained supported by Friday’s strong U.S. housing sector data. Trading volumes were expected to remain limited as U.S. markets were closed on Monday in observance of Presidents’ Day. Comex gold futures were down 0.37% at $1,351.1 a troy […]
Gold prices were hovering at three-and-a-half week highs on Friday, as concerns over the U.S. deficit took over market sentiment and sent the greenback broadly lower. Comex gold futures were up 0.44% at $1,361.1 a troy ounce by 03:00 a.m. ET (07:00 GMT), the highest since January 25. The greenback turned broadly lower due to […]
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 […]
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 […]
