Thursday, 5 October 2023 07:46 WIB | Gold
Gold was unable to hold early gains on Wednesday, falling for eight sessions even as the dollar fell off an 11-month high and treasury yields eased.
Gold for December delivery closed down US$6.70 to US$1,834.80 per ounce,
The drop comes even as the headwinds that pushed the price of the precious...
Friday, 22 September 2023 02:29 WIB | Gold
Gold prices fell on Thursday, extending a pullback after the Federal Reserve’s policy meeting Wednesday left its benchmark interest rate unchanged but signaled rates would stay high next year which helped to push the U.S. dollar sharply higher.
Gold for December delivery fell by $31, or 1.6%,...
Wednesday, 20 September 2023 00:44 WIB | Gold
Gold futures edged higher early Tuesday, building on the yellow metal’s highest close in more than two weeks as traders awaited this week’s Federal Reserve decision for clues on interest rates.
Gold for December delivery rose $2.90, or 0.2%, to $1.956.30 an ounce on Comex, after ending...
Thursday, 14 September 2023 07:39 WIB | Gold
Gold futures fell for a second session on Wednesday to settle at a fresh three-week low.
The latest U.S. consumer price index data offered “little clarity†to the Federal Reserve’s policy outlook, said Han Tan, chief market analyst at Exinity. The uptick in core CPI may “keep bets of one...
Friday, 8 September 2023 07:37 WIB | Gold
Gold futures declined on Thursday to tally a third session loss in a row.
The next big event for gold, and indeed the dollar, is the U.S. CPI data next week, which "could influence the Fed's decision whether to hike [rates] further or not," said Fawad Razaqzada, market analyst at City Index and...
Thursday, 17 August 2023 01:34 WIB | Gold
Gold prices were slightly firmer Wednesday, after settling at their lowest levels in more than a month on Tuesday, as slipping Treasury yields and a firm U.S. dollar helped ease some of the pressure on the yellow metal.
Gold futures for December delivery were up by $1.90, or 0.1%, to $1,937 per...