Gold price remains near all-time high as US dollar weakens
Gold prices rise in a risk-on atmosphere, ignoring robust US data, while the US dollar hits a 12-month low. Powell’s dovish comments keep US Treasury yields stable, put pressure on…
Gold price falls due to lower demand for safe investments and better US data
Gold prices are falling due to easing hostilities in the Middle East and better-than-expected US economic data. Durable goods orders in the US beat forecasts on Monday, dispelling some of…
Gold price remains near all-time high on hopes of Fed rate cut
Gold prices remain stable above $2,500, supported by Fed minutes suggesting a possible rate cut at the next meeting. The US dollar index (DXY) falls 0.20% to 101.10, weakening the…
Gold prices rise thanks to strong US dollar and high US yields
Gold prices rise above the $2,400 mark, ignoring the strength of the US dollar and high yields. US initial jobless claims fall, continuing claims reach highest level since November 2021.…
