Equityworld Futures Portal News

PRECIOUS METAL

Gold Holds Record High Ahead of Pivotal US Inflation Figures

Wednesday, 10 April 2024 15:31 WIB | Root

Gold held a record high as investors positioned for US inflation data that could help shape the Federal Reserve’s outlook on interest rates. Bullion was little changed after closing at $2,352.78 an ounce in the previous session. Bond traders are growing increasingly bearish ahead...

Gold Trading Lower as the Dollar Surges After Moody's Downgraded Some US Banks

Wednesday, 9 August 2023 07:56 WIB | Root

Gold prices fell on Tuesday as the dollar moved sharply higher amid fresh worries over the health of the US banking sector. Gold for December delivery closed down US$10.10 to settle at US$1,959.90 per ounce. The drop comes as the dollar strengthened after Moody's Investor Service downgraded its...

Gold prices slightly higher as U.S. dollar weakens

Wednesday, 12 July 2023 03:02 WIB | Root

Gold prices traded slightly on Tuesday as the U.S. dollar weakened and Treasury yields eased while traders awaited the release of U.S. inflation data due out Wednesday morning in New York. Gold futures for August delivery gained $4.70, or 0.2%, to $1,935 per ounce on Comex. Silver futures for...

Gold prices retreat as traders await CPI data

Tuesday, 11 July 2023 02:25 WIB | Root

Gold futures tumbled on Monday after clinching their strongest one-day gain in a month on Friday following the release of the Labor Departmentâ€™s June jobs report. Traders are now looking ahead to the next reading on U.S. inflation, which is due out on Wednesday. Gold futures for August...

Gold Futures Settle at their Lowest Since March

Friday, 7 July 2023 07:50 WIB | Root

Gold futures declined on Thursday to settle at their lowest since mid-March. The gold market's monthly runaround on U.S. jobs data has started early with Thursday's blow-out ADP private-sector jobs estimate for June, said Adrian Ash, director of research at BullionVault. Coupled with the hawkish...