Gold price scales higher for the third straight day amid the global flight to safety. Bets for more rate cuts by the Fed also benefit the non-yielding yellow metal. A modest USD bounce and the risk-on mood cap gains for the XAU/USD pair. Gold price (XAU/USD) retreats slightly from the $2,758-2,759 region, or the highest
Image credit: Getty Images Gold prices hit an over 11-week peak on Wednesday, not far from an all-time peak touched last year, boosted by safe haven demand stemming from uncertainty surrounding US President Donald Trump’s trade policies and a softer dollar. Spot gold added 0.3 per cent to $2,751.89 per ounce, after hitting its highest since November
Gold price scales higher for the third straight day amid the global flight to safety. Bets for more rate cuts by the Fed also benefit the non-yielding yellow metal. A modest USD bounce and the risk-on mood do little to cap the XAU/USD pair. Gold price (XAU/USD) prolongs its uptrend for the third straight day
The silhouette of oil pumps on a beautiful sunset sky with sun setting in between them.Siberia. Oil … [+] and gas production getty At the start of every year, we publish our popular Periodic Table of Commodity Returns, an interactive infographic detailing the gains and losses across the commodities market. Gold stood out as a
Gold price extends gains and is on its way to have nearly 1% gains on Tuesday. Traders brace for the first full day in President Trump’s presidency with headline risk elevated. Gold at a fresh two-month high at $2,732.70 and enters the area with $2,790 as firm resistance ahead. Gold’s price (XAU/USD) is fueled by safe haven
Gold spikes as investors seek safety after Trump’s day-one tariff threats. US Dollar Index drops, Treasury yields fall, both tailwinds for Bullion prices. Escalating Middle East tensions increases global uncertainty, boosting Gold’s safe-haven status. Gold rallied more than 1% and hit a two-month high of $2,745 on Tuesday as investors seeking safety bought the non-yielding
Gold spikes as investors seek safety after Trump’s day-one tariff threats. US Dollar Index drops, Treasury yields fall, both tailwinds for Bullion prices. Escalating Middle East tensions increases global uncertainty, boosting Gold’s safe-haven status. Gold rallied more than 1% and hit a two-month high of $2,745 on Tuesday as investors seeking safety bought the non-yielding
Anjana Anil | Reuters S&P 500 posts best week since Trump’s election U.S. stocks rallied on Friday with the S&P 500 and Dow notching their biggest weekly percentage gains since early November… and the Nasdaq registering its best week since early December. Gold prices jumped to a over two-month peak on Tuesday, supported by a
Gold’s upward direction seems to have survived Trump’s inauguration yesterday and there do not seem to be any major financial releases from the US that could shake gold’s price until our next report hence we are to focus on gold’s fundamentals for direction in the current report. For a rounder view, we conclude the report
Gold price in the green by 0.50% on Tuesday after Trump entered his first day in office. President Trump vowed to keep tariff hike plans in place fore Canada and Mexico. Gold at a fresh two-month high at $2,732 and enters the area with $2,790 as firm resistance ahead. Gold’s price (XAU/USD) trades positive for a second straight