Gold prices drifted lower on Tuesday with a firm dollar and slightly higher Treasury yields curbing the demand for the safe-haven yellow metal. Strong data on U.S. new home sales
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Gold Futures Settle Lower As Dollar Rebounds
Gold prices edged lower on Thursday, weighed down by a slightly stronger U.S. dollar and higher Treasury yields. However, amid fading prospects of the Federal Reserve resorting to any tightening
Continue reading »Gold Futures Settle Slightly Lower
Gold prices edged lower on Tuesday as the dollar firmed up against some of its peers, rebounding from recent losses. The market was also reacting to the Federal Reserve Chair
Continue reading »Gold Futures Settle Sharply Lower As Dollar, Treasury Yields Rise
Gold prices plummeted and the most active gold futures contract posted its biggest single-session drop since November on Friday, as the dollar strengthened and benchmark treasury yields rose. Optimism about
Continue reading »Gold Futures Settle Sharply Lower
Gold prices drifted lower on Wednesday as the dollar climbed up on safe-haven demand after stock prices fell amid mounting worries about growth due to rapid surge in new coronavirus
Continue reading »Gold Futures Settle Higher As The Dollar Eases
Gold prices moved higher on Monday as the dollar exhibited weakness as traders hoped the U.S. lawmakers will agree on a stimulus bill before the upcoming presidential elections. Recent positive
Continue reading »Gold Futures Extend Gains To 9th Straight Session
Gold futures settled higher on Wednesday, extending gains to a ninth consecutive session, thanks to continued safe-haven demand amid the relentless surge in coronavirus cases across the world. The dollar’s
Continue reading »Gold Futures Settle Modestly Higher
Gold prices moved higher on Thursday amid continued safe-have demand due to rising new coronavirus infections in several parts of the world. Data showing a stronger than expected increase in
Continue reading »Gold Futures Settle Modestly Higher
Gold prices edged higher on Tuesday, bouncing back from losses in the previous two sessions, as geopolitical tensions and Federal Reserve Chairman Jerome Powell’s cautious remarks about an economic recovery
Continue reading »Gold Futures Settle Sharply Lower As Risk Sentiment Improves
Gold prices drifted lower on Tuesday as riskier assets such as equities rallied amid optimism about a potential coronavirus vaccine, and economic recovery after several countries implemented plans to further
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