Markets are dismissing gold as a hedge against inflation, despite Trump's policies potentially raising US inflation.
(Reuters) - Gold prices extended losses on Thursday, nearing a two-month low pressured by a strong U.S. dollar, while ...
The dollar index (DXY00) today is up by +0.04% and posted a new 1-year high. Today’s strength in US economic news may keep ...
Gold fell more than 4% in the four days after Election Day, while the broad U.S. stock market climbed nearly 4%.
Gold held a four-day drop as a sharp rally in the dollar weighed on the metal, even as US inflation data supported the case for another Federal Reserve rate cut next month. Bullion was steady ...
As the precious metals market gives up gains from a nearly year-long rally, Elon Musk and Vivek Ramswamy are preparing to ...
Qantas is targeting Air New Zealand’s upper-tier Airpoints members as it looks to grow its loyalty programme here beyond one ...
There are many factors that contribute to the current price of gold. Chief among these factors is the strength of the US dollar. Traditionally gold has an inverse relationship to the value of the ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
From the US, October PPI is due for release today. Yesterday's CPI print was largely in line with expectations (see more in section below) hence it will be interesting to see if October PPI data ...
The loss of momentum in the US Dollar and the retracement in US yields across the curve allow Gold prices to pick up some upside traction and revisit the $2,570 zone per ounce troy, trimming part ...