Gold fell on Tuesday as initial gains in the precious metal vanished after a new jump in US bond yields amid growing worries about the Fed’s ability to curb an unstoppable rally in inflation. In particular, the June delivery of gold lost $ 6.50 or 0.3% and closed at $ 1,927.50 per ounce, after rising […]
Tag: Gold market
Gold closed the day, month and quarter with gains
Gold closed higher on Thursday, marking a positive momentum for both March and the first quarter of 2022 overall, as Russia’s war against Ukraine continues to boost demand for the precious metal as an investment. “refuge”. “Apart from the war, a relative” weakness “of the dollar also plays a positive role, as does the” interest […]
Gains for gold after three days of losses
Gold traded higher on Wednesday, after three declining sessions, as yesterday’s optimism for a diplomatic solution to the Ukraine war today gave way again to skepticism, reaffirming support for “safe havens” such as precious metal. The reason is the “ice” that today put in the hopes for progress in the talks between the two sides […]
At a two-week low, gold plummeted by 5.8%
Gold closed lower in two weeks on Tuesday as some initial signs of progress in talks between Russia and Ukraine dampened the attractiveness of the precious metal, which is considered a safe haven in times of high uncertainty. In particular, the April gold contract lost $ 27.60, or 1.4%, and closed at $ 1,912.20 an […]
Fall on Friday, but gains of 1.3% per week for gold
Gold traded lower on Friday, but the precious metal ended the week with significant gains, with investors turning their attention to the war in Ukraine and the increasingly aggressive rhetoric of the Federal Reserve. “The danger is that the Russia-Ukraine war will develop [σε 3ο Παγκόσμιο Πόλεμο] “It is limited at the moment and the […]
Gold closed at two weeks high – Nickel at limit up (+ 15%)
Gold closed at its highest level since March 11 as the United States announced new sanctions against Russia for its invasion of Ukraine and investors watched the increasingly hawkish monetary policy statements of the Federal Reserve, which show will to raise interest rates. “Yellow metal prices have clearly moved higher, as investment risk aversion remains […]
At almost week high gold due to geopolitical uncertainty
Gold closed at a one-week high on Wednesday, despite the Federal Reserve’s increasingly aggressive interest rate rhetoric, as geopolitical uncertainty remains as no diplomatic solution emerges that could end Russia’s offensive in Ukraine. . The US Federal Reserve “has signaled that a series of planned interest rate hikes are imminent throughout the year, so gold […]
Gold broke the 4-day bearish streak, with gains of 1.8% – ‘Jump’ 3.7% for silver
Gold ended the four-day downtrend today, finding support for the US currency’s decline, with analysts pointing out at the same time that the outlook for yellow metal prices is unlikely to deteriorate soon. Investors believe that the first rate hike in three years or so announced by the Federal Reserve yesterday is not a very […]
Gold losses pending Fed decisions
Gold fell on Wednesday as the weakening dollar offset pressure from higher US bond yields as investors waited for the US Federal Reserve to raise interest rates during the pandemic. Gold futures for April delivery fell 1.1% to $ 1,909.20 an ounce. Gold is particularly sensitive to rising US interest rates and, consequently, higher yields […]
Gold falls 1.6% pending Fed decisions
Gold suffered heavy losses on Tuesday, with the precious metal closing near a two-week low following data on wholesale prices in the US and pending the Federal Reserve’s decisions on US interest rates. The data showed that the structural index for wholesale prices increased by only 0.2% in February, losing the estimate of Wall Street […]
