Gold ended Monday’s trading session with losses as the prospect of higher interest rates has dampened the attractiveness of the precious metal. Investors are trying to assess the Federal Reserve’s next moves against the inflation rally and in the midst of the micron mutation that threatens to derail the economic recovery. The US Federal Reserve […]
Tag: Gold market
Gold closed at a three-week high – 11% jump for palladium
Gold held a rally on Thursday, on the “back” of the fall of the US dollar, with the yellow metal closing at its highest point in three weeks, a day after the update – at the strictest – of the monetary policy of the Federal Reserve. The rise in gold came despite the announcement by […]
Gold remained on a downward trajectory even after the Fed decisions
Gold fell for a second straight session on Wednesday as the precious metal continued to lose ground in electronic trading following the Federal Reserve’s decision to speed up the end of its bond-buying program, paving the way for three interest rate hikes in 2022. The Fed today decided to accelerate the reduction of monthly bond […]
Gold is at a two-week low pending the Fed’s decisions
Gold closed lower in two weeks on Tuesday as investors awaited the announcements of the US Federal Reserve tomorrow, Wednesday, after the conclusion of the monetary policy meeting of the bank. Fed Chairman Jerome Powell said last month that the bank should turn its attention to curbing inflation after the latest price rally. Analysts now […]
At a high of three weeks the gold
Gold closed positively on Monday, with the precious metal gaining ground for a second consecutive session, climbing to a three-week high. Concerns about the micron mutation have been fueled by the precious metal, with the United Kingdom announcing today the first death of that executive and the country’s prime minister, Boris Johnson, warning of a […]
Small profits gold
Gold closed lower on Tuesday after yesterday’s losses, with investors adopting a wait-and-see attitude ahead of data to be released on Friday on US inflation. In particular, the February gold contract earned $ 5.20 or 0.3% at $ 1,784.70 per ounce. The data is expected to show a new jump in consumer prices in November, […]
Small losses the gold
Gold closed lower on Monday as strong gains on Wall Street, rising bond yields and a rising dollar dampened appetite for the precious metal. In particular, the most active contract in February lost $ 4.40 or almost 0.3% and closed at $ 1,779.50 per ounce. Silver suffered the biggest losses, with the March contract falling […]
Profits for gold despite market uncertainty
Gold futures traded higher on Wednesday as several investors turned to the precious metal as a support against the overall volatility of the market amid prolonged concerns about the impact of the Omicron variant of the coronavirus. Gold futures were up 0.4% at $ 1,784.30 an ounce. The gold recovery came amid a sharp recovery […]
Gold lost ground after Powell’s statements
LAST UPDATE 21:50 Gold ended Tuesday’s trading session with a negative sign, losing the gains it was found to record earlier, as the current statements by Federal Reserve Chairman Jerome Powell in the Senate brought to the fore the possibility that the central bank will end bond purchases earlier than expected in order to deal […]
Gold losses brought strong US economic data
Gold prices fell on Wednesday as strong US economic data boosted dollar and government bond yields with investors awaiting the release of Fed meeting minutes in November that could indicate signs of future increases. interest rates. Gold futures fell 0.1% to $ 1,781.70 an ounce. Gold fell below the key $ 1,800 mark earlier this […]