Gold prices slipped again Friday with the yellow metal erasing a little more of a rally that started late last month after the Federal Reserve announced its latest interest rate Read more
Tag: SIU22
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
Gold prices retreat from one-month high as yields, dollar rebound after strong U.S. jobs report
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
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 rebound pauses after snapping five-week losing streak
Gold futures were essentially flat early on Monday after snapping a streak of five weekly losses, while the U.S. dollar continued its retreat and Treasury yields were only marginally higher. Read more
Gold rises for second day, bolstered by dollar’s pullback
Gold prices traded higher for a second day on Tuesday as the precious metal recovered a little ground following its fifth straight week of losses. Price action Gold futures for Read more
Gold edges higher after 5th straight weekly decline
Gold futures bounced modestly Monday, with the yellow metal attempting to find its footing after a fifth straight weekly decline as a fierce dollar rally relented. Price action Gold for Read more
Gold falls to weakest level in a year as yellow metal heads for 5th straight weekly drop
Gold slipped to its weakest level in nearly a year on Friday despite a pullback in the U.S. dollar and Treasury yields as the precious metal heads for its fifth Read more
Gold prices slide as U.S. dollar soars
Gold prices slumped on Thursday, reversing a gain from the prior session, as the shiny metal headed toward fresh nine-month lows. Silver and platinum hit fresh 2-year lows as strong Read more
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