Why investors are still buying gold despite a strong dollar and …
16 hours ago · “Dollar strength, rising Treasury yields and a rising gold price are all evidence of global concerns with the U.S. fiscal situation,” Brien Lundin, editor at Gold Newsletter, told MarketWatch.
Gold climbs after weaker-than-expected private payrolls data
2 days ago · Gold prices hit a near four-week high on Wednesday after a weaker-than-expected private employment report for December provided reassurance for some in the market the U.S. Federal Reserve may be ...
Gold News: XAU Holds Steady as Dollar Slips, 50-Day Moving …
3 days ago · Gold prices rise as the dollar weakens, but resistance at $2653.94 holds firm, limiting further upside potential. A break above the 50-day moving average could push gold toward $2663.51, with ...
Gold News: Strong Dollar and High Yields Weigh on Gold Prices …
Dec 28, 2024 · Gold prices fell on Friday, pressured by rising U.S. Treasury yields in thin holiday trading. Spot gold dropped 0.45% to $2,622.03. Higher yields and a strengthening dollar weighed on bullion,...
Gold surge stalls after JOLTs data, FOMC minutes awaited - FXStreet
2 days ago · This boosted the US Dollar (USD) and capped Gold’s advance. Earlier, Bullion rose to a two-day peak of $2,664 after China’s central bank increased its Gold reserves for the second straight ...
Gold News: Softer Dollar Lifts Prices as Investors Await Fed’s 2025 ...
Dec 16, 2024 · Gold prices rise on a softer dollar but face resistance near $2670 ahead of the Fed's pivotal rate decision this week. Fed meeting starts Tuesday, with a 97% chance of a 25-bps cut. Traders...
Gold Forecast, News and Analysis (XAU/USD) - FXStreet
Gold extended its weekly recovery and traded at its highest level since mid-December, above $2,670. The bright metal retreated modestly in a quiet American session, with US markets closed amid a...
Gold pares gains as dollar rebounds following US jobs data
3 days ago · Dollar was up 0.3% Job openings rose 259,000 to 8.098 million by last day of Nov. US non-farm payrolls report due on Friday Jan 7 (Reuters) - Gold prices pared earlier gains on Tuesday, pressured ...
Gold and Silver News | GoldSilver.com
6 days ago · Today’s gold and silver market news, curated from the best of GoldSilver's team and around the web. Everything precious metals investors need to know including updates on big price swings, macro analysis, and breaking stories.
Gold crashes as USD surges, focus on US inflation data - FXStreet
Nov 12, 2024 · Gold prices dropped below $2,600 for the first time since mid-September on Tuesday as the Greenback extended its gains and hit a six-month high, according to the US Dollar Index (DXY).