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Gold price (XAU/USD) sticks to modest intraday gains near a two-day high, above the $2,650 level, through the first half of the European session as geopolitical risks and US President-elect Donald Trump's tariff plans drive haven flows for the second straight day. Furthermore, sliding US...
Gold (XAU/USD) prices attracted some follow-through buying during the Asian session on Wednesday and seemed to firm on the overnight uptick from the $2,600 range, or a one-week low. Ongoing geopolitical risks stemming from the prolonged Russia-Ukraine war, along with concerns over US...
Gold rose near $2,640 an ounce on Wednesday (11/27) as investors continued to digest the latest FOMC minutes while awaiting key US data for further insights into the Federal Reserve’s monetary policy outlook. While officials expressed confidence in easing inflation and labor market strength, the...
Gold prices were steady on Wednesday (11/27) during the Asian trading session, boosted by a ceasefire agreement in the Middle East that weakened demand for safe haven assets, and investors awaited US economic data that would provide clues on the Federal Reserve's interest rate path. Gold prices...
Front-month gold futures close the day up 0.1% to $2,620.30 an ounce, quickly turning around after the contract posted its largest decline in four years on news of a potential ceasefire between Israel and Lebanon. President-elect Trump's plans for new tariffs are throwing a wrench into thoughts...
Gold futures rise, recouping some ground after a 3.7% drop on Monday. Futures are up 0.4% at $2,629.70 a troy ounce. The precious metal remains under pressure on renewed risk appetite in financial markets, says ActivTrades' Ricardo Evangelista. Trump's nomination of Scott Bessent, viewed as a...
Gold steadied after declining earlier as Donald Trump’s threat of 25% import tariffs on Canada and Mexico buoyed the dollar. The US president-elect said the import taxes were necessary to clamp down on migrants and illegal drugs crossing America’s borders. He also vowed to...
Gold held steady around $2,620 an ounce on Tuesday (11/26) after dropping 3.4% in the previous session as reports that Israel and Hezbollah were close to a ceasefire deal dampened demand for the safe-haven asset. The precious metal was also hit by a rise in the U.S. dollar after President-elect...
Gold fell as the dollar jumped after President-elect Donald Trump threatened 25% tariffs on imports from Canada and Mexico. Trump said the import duties were needed to curb migrants and illegal drugs flowing across the U.S. border, while also vowing to impose additional 10% tariffs on Chinese...
Gold prices (XAU/USD) fell during the North American session on Monday (11/25) as news of a ceasefire between Lebanon and Israel spread, dampening appetite for riskier assets. This, along with the appointment of Scott Bessent as Treasury Secretary for the Trump administration, weighed on the...
Gold prices plunged over 3% on Monday, breaking a five-session rally to its highest in nearly three weeks, as reports of Israel nearing a ceasefire with Hezbollah, coupled with Trump's nomination of Scott Bessent as the U.S. Treasury Secretary soured the precious metal's safe-haven appeal. Spot...
Israel is potentially days away from a cease-fire agreement with Lebanon’s Hezbollah, the Israeli ambassador to the US said. Prices extended losses after Axios reported that Israel and Lebanon have accepted the terms of a ceasefire agreement. The parties haven’t yet announced an...
Gold tumbled as traders digested Donald Trump’s pick of Scott Bessent as Treasury Secretary and looked toward the Federal Reserve’s next interest-rate decision. Bullion slid as much as 2.1%, after capping the biggest weekly rally in 20 months on Friday as an escalation in...
Gold price (XAU/USD) maintains its heavily offered tone through the first half of the European session on Monday. Scott Bessent's nomination as US Treasury Secretary clears a major point of uncertainty for markets. This, along with reports that Israel was close to reaching a ceasefire with the...
Gold futures slump as investors take profits ahead of U.S. economic data releases. Futures are down 1.5% at $2,673 a troy ounce. After a rally of 5.4% the week prior, Monday's session saw consistent and unrelenting selling in Asian trading, says Pepperstone's Chris Weston. The selloff is more...
Gold is steady after surging the most in 20 months last week as the escalation of the Russia-Ukraine war boosted demand for safe haven assets. Bullion was trading near $2,720 an ounce after surging 6% last week as the conflict entered a dangerous new phase. President Vladimir Putin said his...
Gold was higher for a fifth-straight session mid-afternoon on Friday, continuing a recovery from post-election losses even as the dollar rose to the highest level in two years. Gold for February delivery was last seen up US$39.20 to US$2,738.50 per ounce. The rise comes on safe-haven demand...
Gold (XAU/USD) rallies for the fifth day in a row. The precious metal pulls back below $2,700 again during the US session on Friday after the US Dollar (USD) gains ground following the release of stronger-than-expected activity data. Overall, however, Gold sees gains as inflaming Russia-Ukraine...
Gold futures rise, on track for one of its strongest weekly gains in years. Futures are up 1.1% at $2,704.20 a troy ounce, and are up 5.2% on-week. The precious metal has recovered more than half its losses since a fresh record at the end of October was swiftly followed by a sharp sell-off. Given...
Gold is headed for its biggest weekly gain since October last year as the escalating Russia-Ukraine conflict boosts its safe-haven appeal, with traders also weighing the prospect of further easing by the Federal Reserve. Bullion rose 1.4% to $2,706.73 an ounce at 9:43 a.m. in London after Ukraine...
