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Gold slumps to 2-month low as dollar marches on; Fed signals in focus
Gold fell for a fifth straight session on Thursday to hit its lowest level in eight weeks, pressured by a stronger U.S. dollar and rising Treasury yields amid uncertainty over the pace of the Federal Reserve's interest rate cuts.
Gold set 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 Slide on Strengthening Yields, U.S. Dollar
Gold futures fall for the fifth consecutive session. Futures are down 1.1% to $2,559.20 a troy ounce, and fall 5.4% on week. The precious metal’s weakness reflects potentially restrictive U.S. monetary policy in 2025 under Trump,
Gold Holds Near Eight-Week Low as US Dollar Rallies Higher
Gold slipped for a fifth day as a surge in the dollar weighed on the metal, even as US inflation data supported the case for another Federal Reserve rate cut next month.
Gold Hits 2-Month Low, Drops 7% Since U.S. Election, As Dollar Rises And Crypto Rallies
Gold prices fell to a two-month low on Thursday, with spot gold dipping nearly 7% since last week’s election. Citi’s commodities head, Maximilian Layton, noted a pause in the gold bull market, attributing the decline to U.
Gold futures extend slide as rally in dollar, Treasuries stays strong
Gold futures fell for the fourth day as Trump's victory strengthens the dollar. The global silver market faces the fourth year of a structural market deficit.
2d
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 ...
2d
Gold slips to 2-month low on dollar strength; focus on US data
Markets are dismissing gold as a hedge against inflation, despite Trump's policies potentially raising US inflation.
Mining
2d
Gold price faces worst week since 2021 as Fed signals no rate-cut rush
Gold traded near a two-month low, on course for its worst week since June 2021 as traders wind back expectations for a ...
2d
on MSN
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 ...
Numismatic News
3d
Gold Spot Prices May Affect Coin Collectors
As spot prices rise and fall, collectors face a new landscape where common coins approach intrinsic value.
18d
Gold Price Soars to All-Time High Ahead of Election
"Gold is very much being anchored on the U.S. election outcome. In the near term, spot gold will face resistance at $2,800, then followed by $2,826," Kelvin Wong, OANDA's senior market analyst for ...
2d
on MSN
Gold sees worst week in 3 years, should you buy in dips? Here's what experts say
In India, the price of 10 grams of 24-carat gold in Delhi dropped to Rs 75,813 on Friday, a significant decrease of Rs 1,200 ...
Hosted on MSN
3d
Gold slips to near 2-month low on dollar strength; focus on US data
(Reuters) -
Gold
prices extended losses on Thursday, nearing a two-month low pressured by a strong U.S. dollar, while ...
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