Gold moved higher on Thursday, ending the day and the week in positive territory, in the last meeting in view of the Christmas holidays. The precious metal traded around $ 1,800 an ounce today, with the US currency showing signs of stabilizing and investor sentiment for more risky assets being boosted by fears of the […]
Tag: gold
Gold: Continue the upward streak for the third week ‘hitting’ high of more than a month
Gold moved higher on Thursday, ending the day and the week in positive territory, in the last meeting in view of the Christmas holidays. The precious metal traded around $ 1,800 an ounce today, with the US currency showing signs of stabilizing and investor sentiment for more risky assets being boosted by fears of the […]
Gold hit the $ 1,800 mark
With small gains at the last minute, gold futures closed the session as prolonged concern about the Omicron variant and the fall of the dollar boosted the gold, which managed to catch the $ 1,800 cushion again. Gold futures for February delivery were up 0.8% at $ 1,802.20 an ounce. Although analysts downplayed the impact […]
Losses for gold due to the recovery of the dollar
Gold futures traded lower on Tuesday as the dollar reversed some of its losses, while appetite for more risky assets resurfaced as investors looked beyond the financial risks posed by the Omicron variant. Gold futures for February delivery fell 0.3% to $ 1,788.70 an ounce. The dollar recovered some losses overnight, while the risk-taking climate […]
Gold climbed (again) above $ 1,800 – Earnings of 1.1% per week
Gold closed higher on Friday, climbing above $ 1,800 for the first time since November 22, while during the week the precious metal strengthened by 1.1%. The rise in the precious metal above the $ 1,800 mark appears to be due to “broad capital flows that dump risky assets … and are channeled into” defense […]
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 […]
Marginal gains in the week gold
Gold closed with gains on Friday, which led the precious metal to record a rise on a 5-day basis, for the first time since the week ended on November 12. Gold rallied in today’s session by “defying” data released by the US Department of Labor on inflation, which showed that consumer prices rose last month […]
Moderate losses for gold under pressure from the dollar
The two-day uptrend in gold was broken on Thursday, after the precious metal came under pressure from the strengthening of the dollar to close with losses of 0.6%. In particular, the dollar traded higher on Thursday, up 0.4% on the ICE US Dollar. “Traders have not increased their investment in gold, as concerns about the […]
Earnings away from the day highs for gold
Gold closed higher on Wednesday, hitting a high of $ 1,794.30, the highest level for the precious metal since Dec. 1. Investors have been following developments in the coronavirus’s Micron mutation, and in particular the positive news from the results of an “initial laboratory study” announced today by Pfizer and BioNTech, which showed that their […]
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 […]
