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Precious metals plunge from dollar rally

Gold and silver fell for a third consecutive session, with both precious metals sliding to a more than one-month low. In particular, prices for the December gold contract lost $13.40, or 0.8%, to settle at $1,736.30...

Small losses for gold

Gold closed slightly lower on Monday as a renewed rally in the dollar and strengthening US Treasury yields reduced the precious metal's appeal as an alternative investment. Specifically, the gold contract for December delivery lost 10...

Hesitant rise for gold in Powell’s shadow

Gold took advantage of a weaker dollar to move higher today but with contained gains as investors remain cautious until they hear what Chairman Powell has to say about the Fed's moves tomorrow in Jackson Hole. In...

Hold on for gold

Gold was largely unchanged in today's trading as investors indicated they will wait for some indication of the Fed's intentions in President Powell's speech on Friday before deciding how to proceed. Against this backdrop, the gold contract...

Gold and silver broke the losing streak

Gold closed higher on Tuesday for the first time in seven sessions as a weaker U.S. dollar today helped the precious metal snap its longest losing streak since early July. Specifically, the gold contract for December...

Losses of 0.8% sent gold to a one-month low

The price of gold fell to an almost one-month low, amid a general sell-off in the metals against the backdrop of the dollar's renewed surge and heightened concerns about another giant interest rate hike by the...