Gold prices came off a one-month peak on Friday, trading lower as the U.S. jobs report showed employers hired far more workers than expected in July, pushing Treasury yields and Read more
Tag: Gold Dec 2022
Gold hits near one-month high as yields, U.S. dollar retreat
Gold climbed to nearly a one-month high on Thursday buoyed by a pullback in the U.S. dollar and Treasury yields, as investors awaited Friday’s July employment report report which may Read more
Pelosi’s visit to Taiwan rattles global copper markets, but slowing growth in China still the bigger worry
Copper prices fell for the third straight day on Wednesday as tensions between the U.S. and China flared as House Speaker Nancy Pelosi wrapped up her visit to Taiwan, an Read more
Gold, silver extend rally after best week since March
Gold and silver prices continued to climb on Monday after cementing their best weekly performance since March. Price action Gold futures GC00, +0.45% GCZ22, +0.45% for December delivery gained $6.70, Read more
What’s in store for commodities after losses in July?
The pullback in most commodity prices in July, with wheat and oil among the decliners, might be an indication that inflation will soon reach its peak, and some commodities could be Read more
Gold, silver rally again in wake of slide in dollar and bond yields
Gold rose again Friday after scoring its biggest daily gain since March on Thursday. Silver also extended its gains after rising nearly 7% on Thursday, which marked its biggest daily Read more