Gold (XAU/USD) started the week on a relatively positive note, with the US dollar (USD) weighed down by a slight decline in US Treasury yields and weaker-than-expected US manufacturing figures. However, the precious metal remains close to recent lows after a 2.5% sell-off late last week.
US Treasury yields fell on Monday after a sharp rally last week, taking some of the recent bullish pressure off the US dollar. Investors appeared cautious about placing directional US dollar bets as they prepare for the all-important Federal Reserve (Fed) monetary policy decision on Wednesday.
As of this news release, gold is at $2,658
Newsmaker23
Gold prices weakened slightly on Wednesday (August 6th), consolidating after four days of gains, as investors digested weak US economic data and the possibility of President Donald Trump appointing ne...
Silver prices stabilized on Wednesday (August 6th) as expectations of a Fed interest rate cut increased following the release of weaker-than-expected US employment data. Besides its role as a precious...
Gold prices held steady on Tuesday (August 5th), holding near the two-week high reached in the previous session, as weaker-than-expected US employment data raised expectations for a September interest...
Silver prices stabilized during the Asian session on Tuesday (August 5th), after rising in the previous two sessions, amid growing expectations of an interest rate cut by the Federal Reserve (Fed) in ...
Gold prices held steady around $3,380 per ounce during the Asian trading session on Tuesday (May 8) amid strong expectations of a Fed interest rate cut in September, fueled by weak US employment data ...
Gold held steady early in the Asian session as traders assessed geopolitical developments and tariffs. On the one hand, President Trump said there was a "high probability" he would soon meet with Russian President Putin to discuss the war in...
Donald Trump said he would impose a 100% tariff on semiconductor imports, though it would exempt companies that move production back to the United States, as Apple Inc. CEO Tim Cook and the president announced a $100 billion new investment plan...
Oil maintained a five-day losing streak, its longest losing streak since January, as investors looked beyond US efforts to punish buyers of Russian crude, while following President Donald Trump's diplomatic push to end the war in Ukraine. West...
European stock markets opened positively this week, with the Euro Stoxx 50 up 0.6% and the broader Stoxx 600 up 0.2%. This rebound follows a sharp...
European stocks continued their gains for a second consecutive session on Tuesday (June 5), with the STOXX 50 and STOXX 600 rising 0.4%. Investors...
The European Union will suspend its two packages of countermeasures to U.S. tariffs for six months following a deal with U.S. President Donald...
White House economic advisers on Sunday defended President Donald Trump's firing of the head of the Bureau of Labor Statistics, dismissing criticism...