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 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 prices are on track for their worst weekly decline in more than three years, pressured down by profit-taking, a stronger ...
Gold futures are broadly flat at $2,573.00 a troy ounce, stabilizing after more than a week of losses. Futures are down 4.9% for the week. Gold has been weighed down by a rising U.S. dollar, ...
Gold prices fell for a second straight session on Monday, while investors prepared for U.S. economic data and comments from ...
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 ...
Investopedia on MSN9d
Why Is Gold Falling After Trump's Election Win?Rising bond yields, rallying stocks and a surging U.S. dollar all weighed on the price of gold in the wake of former ...
This, along with the FOMC easing expectations, should push real rates lower and benefit the gold price," he added. The ...
Economists are seeing a new U.S. dollar decline factor that could account for gold's recent surge – and they don’t see it ...
Explore how a surging dollar and rising interest rates could threaten gold's recent rally and impact its future performance.
(Reuters) - Gold prices extended losses on Thursday, nearing a two-month low pressured by a strong U.S. dollar, while ...
The U.S. dollar's sharp 6.5% surge since early October is putting significant pressure on metal prices. However, ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback