Gold tumbled to its lowest level in nearly two-and-a-half years on Monday as the 10-year Treasury yield climbed to its highest level since 2010, and the dollar advanced to fresh Read more
Tag: Gold Dec 2022
Gold falls to lowest in more than 2 years as dollar, yields soar
Gold futures on Friday fell back to a level last seen in April 2020, under pressure as the U.S. dollar soared versus major rivals and bond yields jumped amid fears Read more
Gold flat as dollar climbs to highest level in more than 20 years
Gold prices were flat in early trading on Thursday after the Federal Reserve’s third 75 basis-point interest-rate hike in a row helped boost the dollar and Treasury yields, causing the Read more
The Dow tumbled 500 points because Jerome Powell’s Fed ‘isn’t going to blink’
It took stock-market investors a while to make up their minds, but when the closing bell sounded on Wednesday it was clear they didn’t like what they had heard from Read more
Gold attempts bounce off April 2020 low as Russia steps up Ukraine war
Gold found a modicum of haven-related buying interest Wednesday after Russian President Vladimir Putin ordered reservists to mobilize and made remarks seen as a threat to use nuclear weapons as Read more
Gold prices look to finish at lowest since April 2020 as investors await Fed decision
Gold prices declined on Tuesday, poised to finish at their lowest in more than two years, as investors wait for the Federal Reserve to raise interest rates and deliver updated Read more
Gold retreats to 2-year lows as investors await Fed decision
After a brief reprieve at the end of last week, gold futures are back to trading at two-year lows while the yield on the 10-year Treasury note climbs to its Read more
Gold heads higher, a day after settling at a more than 2-year low
Gold futures climbed on Friday, after a report on U.S. consumer sentiment showed that inflation has slowed, but prices were poised to end the week with a more than 2% Read more
Gold, silver climb as dollar falls to 2-week low
Gold and silver prices advanced on Monday, extending their gains from late last week as the U.S. dollar hits a two-week low and Treasury yields pull back, helping to bolster Read more
Goldman slashes gold and silver forecasts as traders wait for CPI data
Gold prices fell on Wednesday ahead of crucial consumer price inflation data, while investment bank Goldman Sachs slashed its forecasts for the precious metal, along with silver, citing increased focus Read more