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 traded little changed on Friday, but was set for its worst week in more than three years, hurt by a stronger U.S. dollar ...
An ally of Donald Trump in the US Senate has a plan for filling up the president-elect’s proposed strategic Bitcoin stockpile ...
Markets are watching a heavy slate of U.S. economic data this week, including the release of the consumer price index for ...
The precious metal's rise signals deeper worries about inflation, even after two years of Fed rate hikes. Some analysts see ...
Gold fell at the end of a volatile week’s trading, as investors assessed the path ahead for US rates and the implications of ...
1414 ET – A higher U.S. dollar index applies pressure to gold, with the metal responding to the 1.6% uptick in the USD index over the past three days. “The extent of the USD appreciation and ...
As investors await the Fed's decision, many are wondering if the anticipated rate cut will push gold prices downward — offering a rare opportunity to buy in at a lower price. So will the Fed's ...
While rate cuts generally support gold by reducing the opportunity cost of holding the non-yielding asset, the Fed’s impact may be muted this week given the overriding importance of the election ...
Gold prices fell Monday, extending losses from last week as the dollar remained strong and risk appetite healthy in the wake ...
(Reuters) - Gold prices fell to a near two-month low on Tuesday, pressured by a stronger U.S. dollar and growth optimism ...
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