Gold ETF inflows extend to ninth straight week as US investors lead
Investments into physically backed gold ETFs remained positive for the ninth week running, led by US inflows of $2.21 billion. Total inflows reached $4.24 billion.
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Gold price retreats after Fed rate hike, dollar recovers
Gold fell over 0.6% on Monday after last week's Federal Reserve rate hike. The US Dollar Index rose 0.2% to 100.42, capping the metal despite lower Treasury yields.
Gold ETF holdings hit record high after eight-day buying streak
Global gold-backed ETFs extended their buying streak to eight consecutive days in August, with $18 billion in inflows pushing total holdings to a new all-time high.
Gold Holds Support as CTAs Reverse Buying, Discretionary Investors Step In
CTAs have reversed recent gold buying, but discretionary investors are providing support, according to TD Securities. The bank expects any near-term weakness to be limited and to offer buying opportunities.
Digital gold may face tighter rules with mandatory physical backing
Indian authorities are weighing joint RBI-SEBI oversight of digital gold and a requirement that each unit be backed by physical bullion. The market holds roughly $3 billion in assets.
Gold price extends recovery as lower oil prices offset Fed rate hike fears
Gold rallied for a second straight day on Friday, hitting its highest since September 9. Lower oil prices provided the main support, countering the expected drag from a Federal Reserve rate hike.
Gold and silver fall on MCX as US-Iran tensions and rate hikes weigh
Gold and silver snapped a two-day rally on the MCX, with gold down Rs 1,331 per 10 grams and silver down Rs 1,600 per kg amid US-Iran tensions and central bank rate hikes.
Gold Holds Gains as Falling Oil Eases Rate Worries
Gold held near $4,350 an ounce as lower oil prices eased inflation concerns and traders weighed the Federal Reserve's rate path after its first hike since 2023.
Gold Edges Higher to Extend Weekly Streak, Fed Hike in Focus
Gold rose $26 to $4,416 for the week, extending its winning streak despite a Fed rate hike and firmer dollar. Volume data and technical signals suggest buyers may be returning.