Gold price trades on a stronger note on Tuesday. Any signs of sticky inflation might further diminish expectations of US interest rate cuts this year, pressuring...
Gold falls 1%, retreating from $2,350, despite typically supportive lower US Treasury yields. US economic events, including inflation data and a speech by Fed Chair Powell,...
Gold falls after US Consumer Sentiment data shows a sharp decline in optimism and higher inflation expectations. Higher inflation could keep interest rates elevated, reducing the...
Gold price loses ground in Monday’s Asian session. The lower bets on the Fed rate cuts weigh on the precious metal. Fed’s Jefferson and Mester are...
Gold price kicks off the new week on a positive note around $2,360 on Monday. The hawkish comments from the US Fed might weigh on the yellow metal. ...
Gold rallies as investors turn to safety amid worsening geopolitical tensions. Weak US labor market data reignites speculation of early Fed rate cuts further driving Gold...
Gold rebounds from daily lows, propelled by a sharp drop in US consumer sentiment and future economic outlook. High US Treasury yields weren’t an excuse for...
Gold price edges higher for the second consecutive day on Friday. Weak employment data bolstered the speculation that the weakening economy would force the Fed to...
Gold rebounds above $2,330, fueled by drop in US Treasury yields, weaker Greenback. Unemployment claims increase, which pressures Fed to achieve its dual mandate goals and...
Gold price rises slightly as geopolitical risks heighten and Chinese trade data rebounds. The World Gold Council publishes its monthly report, highlighting Asian demand and central...
Gold price holds positive ground in Thursday’s Asian session. The rise in global gold demand, persistent central bank purchasing, and safe-haven flows might continue to boost...
Gold trades steadily above $2,300, minor shift despite rising US Treasury yields and strong USD. Focus on upcoming US data: unemployment claims, University of Michigan Consumer...
Gold price extends its decline amid the renewed USD demand on Wednesday. Investors place lower bets on the potential Fed interest rate cuts in 2024. The...
Gold prices fell in Pakistan on Tuesday, according to data compiled by FXStreet. The price for 24-carat Gold stood at 20,749.38 Pakistani Rupees (PKR) per gram,...
Gold price trades in positive territory for a consecutive day on Tuesday amid the softer USD. A downbeat US jobs data for April prompted speculation of...
Gold price attracts some buyers amid the softer USD on Monday. The growing expectations that the Fed will start cutting interest rates later in the year...
Gold price trades on a softer note near $2,295 on Monday. The Nonfarm Payrolls arrived at 175K in April vs. 315K rise prior, weaker than expected. Fed’s...
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Gold peaked at $2,310 but reversed gains, unable to surpass May 2 high of $2,326. US Nonfarm Payrolls missed expectations, leading to lower real yields and diminished...
Gold price pares the gains it made following the release of a below-expectations US Nonfarm Payrolls report. The data came out lower-than-expected across the board, with payrolls rising...