Gold set for biggest weekly fall in 3 years as Fed rate-cut bets ease
Gold prices on Friday were on track for their biggest weekly decline in over three years as expectations of less aggressive interest rate cuts by the U.S. Federal Reserve lifted the dollar, denting allure for bullion among investors.
Gold poised for worst week in 3 years as US dollar rallies
Gold prices steadied near the previous session's two-month lows on Friday and were poised for their worst weekly performance in over three years as a rallying U.S. dollar and expectations of less aggressive interest rate cuts by the Federal Reserve pressured the precious metal.
Gold Futures Stable But Set for Biggest Weekly Decline Since 2021
Gold futures were flat, but down nearly 5% on week, reflecting a surge in risk appetite after the Republican win in the U.S. elections, ActivTrades said.
Gold faces worst week in more than 3 years on bets of slower Fed easing
Gold edged down on Friday and was set for its worst week in more than three years, hurt by a stronger U.S. dollar amid expectations of fewer Federal Reserve rate cuts. Spot gold was down 0.1% at $2,562.
Gold slides in biggest weekly drop since 2021 as Fed signals no rush to cut rates
Gold futures ended lower Friday for the sixth straight session in the metal's sharpest weekly selloff in more than three years, driven by a strong U.S. dollar and reduced expectations for interest rate cuts following Donald Trump's election victory.
Gold Prices Today: Yellow metal set for biggest weekly drop in 3 years after Powell urges caution on rate cuts
Spot gold rose 0.2% to $2,571.99 per ounce as of 10:00 a.m. ET (1500 GMT). Prices have fallen more than 4% so far this week, touching their lowest since Sept. 12 on Thursday.
Gold Retreats From Record Highs Following Trump's White House Victory
Investor preferences seem to have shifted from gold to equities amid confidence in the President-elect's economic policies.
Trump victory drives gold to near 2-month lows as investors pile into equities, cryptocurrencies
The recent slide — gold has declined in six of the seven sessions since Trump's victory — follows a series of record-breaking ...
Bullion Cues: Bears gain traction
Last week, precious metals faced increased downward pressure, with gold and silver losing 4.5% and 3.2%, respectively. Gold ...
Bullion Prepares $1M Financing and Presents Summary of Its Gold and Polymetallic Projects
Bullion Gold Resources Corp. (TSXV: BGD) ("Bullion Gold" or "the Company") will undertake a non-brokered private placement ...
Bloomberg L.P.7d
Barrick Falls Behind Rivals as No. 2 Miner Misses Boost From Bullion Boom
Most of the world’s top gold miners have seen their shares surge this year as bullion prices hit repeated record highs.
The Jakarta Post14h
OJK launches bullion bank regulation as global gold demand soars
Analysts say bullion banks can help Indonesia safeguard its foreign exchange reserves amid geopolitical uncertainty, enhance ...
Dollar rally pushes gold to near two-month low as traders await Fed cues
Markets are watching a heavy slate of U.S. economic data this week, including the release of the consumer price index for ...
Barrick Wrestles With Costs, Gold Output Amid Bullion Boom
Barrick Gold Corp.’s latest quarterly earnings show the gold producer continues to struggle to control costs and capitalize ...
Gulfbusiness.com on MSN1d
Gold prices in UAE fall as global trends weigh on bullion
Gold prices in the UAE have dropped this week, mirroring global trends driven by a stronger US dollar and shifting ...
Deccan Chronicle1d
Gold, Silver Sales Jump Post-Diwali
Chennai: In a rarity, bullion market is witnessing a surge in demand post-Diwali. With gold and silver prices witnessing a ...