Dollar rally pushes gold to near two-month low as traders await Fed cues
Spot gold XAU= was down 0.7% at $2,600.93 per ounce by 2:23 ... along with remarks from Federal Reserve Chair Powell and other U.S. central bank officials. Following the Fed's recent decision to cut its benchmark interest rate by a quarter of a ...
Gold drops 1% to two-month low as US dollar marches higher
Several central bank officials are also scheduled to speak this week, including Fed Chair Jerome Powell. "At current levels we should start to see a pickup in physical demand, so expecting gold to bottom out in the $2,500-2,600/oz range," said UBS analyst ...
Gold hovered near a one-month low on Tuesday, as investors awaited a set of key U.S. economic data and comments from Federal ...
Wall Street Journal on MSN14m
Gold Consolidates; Near-Term Outlook Remains NegativeThis has contributed to expectations of a delayed Fed easing cycle, the head of Portuguese Operations says. This outlook has further strengthened the U.S. dollar, adding to gold’s bearish momentum ...
Both can be smart investments right now, experts say, but one option could make more sense for your portfolio.
Gold nears critical support at $2,646 as inflation data and Fed remarks loom, potentially setting a bearish tone for XAU prices if the level breaks.
Bullion declined by as much as 1% Friday, on track for its biggest weekly fall since May. The precious metal had gained ...
Gold held steady on Wednesday as investors keenly awaited the outcome of a tightly contested U.S. presidential race.
Gold prices fell Monday, extending losses from last week as the dollar remained strong and risk appetite healthy in the wake ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback