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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 set for biggest weekly fall in 3 years
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 US
Dubai: Gold inches slightly higher, yet faces worst week in more than 3 years
Gold inched slightly higher on Friday, in its worst week in more than three years, hurt by a stronger US dollar amid expectations of fewer Federal Reserve rate cuts. The Dubai Jewellery Group data showed the 24K variant of the yellow metal inch up Dh1.
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.
The Jakarta Post
10h
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 ...
Bloomberg L.P.
6d
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. Not ...
1d
on MSN
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.
Money Metals Exchange
11d
Election Uncertainty Could Drive Bullion Buying
While Election Day is tomorrow, there is no certainty a winner will be declared before Americans wake up on Wednesday. And ...
eVnExpress on MSN
1d
Vietnam gold ring price increases as global bullion rates edge higher
Vietnam gold ring price rose by 0.12% to VND81.8 million (US$3,222.06) per tael Friday morning while global bullion values ...
8d
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 ...
2d
on MSN
Gold prices fall by Rs 4,750/10 gms after Trump's victory. Where is the bullion market headed?
Gold prices have dropped by Rs 4,750 per 10 grams, or 6%, on the MCX since Donald Trump's victory in the U.S. presidential ...
eVnExpress on MSN
2d
Vietnam gold ring price inches down as global bullion values rise
Vietnam gold ring price decreased by 0.24% to VND82.2 million (US$3,242.61) per tael Wednesday morning while global bullion ...
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