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Gold prices were headed for their best week in a year on Friday, supported by safe-haven demand amid further escalations in the Russia-Ukraine war, while investors assessed the outlook for U.S. interest rate cuts. Spot gold rose 0.7% to $2,688.70 per ounce as of 0306 GMT. Bullion was up nearly 5%...
Gold consolidates in the early Asian session amid mixed signals. On the one hand, escalation in the Russia-Ukraine conflict has boosted demand from investors seeking safe-haven assets, ANZ Research analysts say in a note. On Thursday, Russian President Putin said Russia had used a new type of...
Gold bullion traded above $2,660 an ounce after Ukraine said Russia had launched an intercontinental ballistic missile at the central Ukrainian city of Dnipro. The attack appeared to be the first reported use of an ICBM, designed to hit targets thousands of kilometers away, since the start of...
Bullion traded above $2,660 an ounce after Ukraine said that Russia had launched an intercontinental ballistic missile at the central Ukrainian city of Dnipro. The strike appears to be the first reported use of an ICBM, which is designed to hit targets thousands of kilometers away, since the...
Gold futures rose on safe-haven demand. Gold futures were up 0.7% at $2,670.80 an ounce. Rising geopolitical tensions between Russia and Ukraine, exacerbated by Russia’s latest nuclear threats, have prompted investors to seek stable assets like gold, said Antonio Di Giacomo of XS.com. However,...
Gold prices rose for the fourth straight session on Thursday, driven by safe-haven demand amid escalating tensions in the Russia-Ukraine conflict, while investors awaited remarks from Federal Reserve policymakers on the interest rate outlook. Spot gold was up 0.3% at $2,657.41 per ounce, as of...
Gold edges higher in early Asian trade. The precious metal is still supported by geopolitical uncertainties, particularly the ongoing conflict between Russia and Ukraine, Sucden Financial analysts say in a note. Geopolitical tensions can often spur demand for gold, which is considered a...
Gold moved higher mid-afternoon on Wednesday, climbing for a third day as increasing international tensions prompt safe-haven buying after the Biden Administration permitted Ukraine to fire U.S.-made missiles into Russia and Moscow responded by lowering its policy threshold for the use of nuclear...
Gold (XAU/USD) recovers after a weak start to trade above $2,640s during the US session on Wednesday as geopolitical tensions in the Ukraine theatre of war ratchet up and drive fresh safe-haven flows into the precious metal. Gold had a weak start due mostly to the effect of a stronger US Dollar...
Gold futures fell after hitting their highest level in more than a week. Futures were down 0.2% at $2,625 an ounce. Trading in the precious metal was cautious given rising U.S. bond yields and a stronger dollar, which could weigh on prices in the coming weeks, said Rania Gule of XS.com. Despite...
Gold price (XAU/USD) attracts some follow-through buying for the third consecutive day on Wednesday and climbs to a one-and-half-week high, around the $2,641-2,642 region during the Asian session. Mounting Russia-Ukraine tensions continue to boost demand for traditional safe-haven assets, which,...
Gold edges higher in early Asian trade. The precious metal's appeal as a safe-haven asset has been supported by the escalating geopolitical tensions, particularly the ongoing conflict between Russia and Ukraine, says FlowCommunity's commercial director Tito Iakopa. Ukraine fired U.S.-provided...
Gold prices rose for a second day mid-afternoon on Tuesday as treasury yields ease and international tensions run high after the Biden Administration permitted Ukraine to attack targets within Russia with U.S.-supplied missiles. Gold for December delivery was last seen up US$16.30 to US$2,360.90...
Gold rise 0.7% to $2,630 a troy ounce, as a sharp decline in prices last week prompted renewed interest. The precious metal had tumbled around 4.5% a week prior. Since the arguments in favor of gold haven't changed, the lower price level is likely pulling in renewed buying interest, Commerzbank...
Gold prices are in the $2625 area after touching the $2639 area today.The precious metal is stable amid concerns about rising geopolitical tensions as Russian President Vladimir Putin approved a revision of the country's nuclear policy. The move has raised fears of a nuclear war, prompting...
Gold futures rise on a weaker dollar and easing U.S. Treasury yields. Futures rise 0.6% to $2,630.30 a troy ounce. The precious metal has regained some ground after Donald Trump's U.S. presidential election victory prompted a surge in the greenback, suppressing gold demand. Geopolitical risks...
Gold prices climbed to a one-week high on Tuesday, buoyed by a softer U.S. dollar, while the market awaited comments from Federal Reserve officials for cues on the U.S. interest rate outlook. Spot gold rose 0.4% to $2,623.54 per ounce by 0246 GMT, the highest since Nov. 12. Prices rose 2% on...
Gold steadied, after jumping the most since August on Monday, with the market focused on the dollar and the Federal Reserve’s interest-rate path. Bullion traded near $2,615 an ounce after surging 1.9% in the previous session, with the gains driven by a falling dollar and Treasury...
Gold prices soared on Monday, after six days of losses, as the U.S. dollar's surge stalled and heightened uncertainty over the Russia-Ukraine conflict rekindled safe-haven demand. Spot gold jumped 1.8% to $2,608.19 per ounce by 01:44 p.m. ET (1844 GMT), moving away from a two-month low on...
Gold rise around 1.8% on macroeconomic concerns. Economic uncertainty, the threat of intensified trade wars under a Trump administration and the potential escalation of conflicts in Ukraine and the Middle East are likely boosting gold's appeal as a safe-haven. There is growing scepticism over...
