Gold pulls back from $4,376 as dollar strength and rate-hike bets weigh
Gold retreated from a daily high of $4,376 to trade at $4,337 on Tuesday. A stronger US Dollar, rising Treasury yields, and hawkish Fed bets weighed on the metal.
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Original summaries of the reporting that moves the gold price, with every source linked.
Gold and silver sidelined as financial markets rally
Gold and silver saw increased trading volume even without fresh economic data on Yom Kippur. Analyst Ira Epstein points to geopolitical talks and yield curve shifts as key influences.
Gold futures slip ₹914 as dollar firms, Fed signals weigh
Gold futures on MCX reversed early gains to close ₹914 lower at ₹1,52,180 per 10g as a stronger dollar and hawkish Fed comments pressured prices. Comex gold also declined.
Iran offers to reopen Strait of Hormuz: what it means for gold and markets
Iran has proposed reopening the Strait of Hormuz if the US eases military pressure. Analysts say this could lower oil prices and support gold, affecting Indian markets.
Gold coiling for breakout above $5,200 as rate hikes and oil shocks rattle markets
Gold holds key support at $4,100 and eyes new highs above $5,200. Silver needs to break $106. Global interest rate hikes and record diesel prices add pressure to stocks.
Gold slips below $4,350 as Fed hawkishness outweighs falling bond yields
Gold edged below $4,350 on Tuesday as the Federal Reserve's hawkish stance countered a decline in US bond yields. The metal's downside appears limited amid geopolitical tensions and mixed technical signals.
Elliott wave analyst updates count for stocks, oil, and gold
An Elliott Wave analyst has revised his counts for the stock market, crude oil, and gold, pointing to a retracement in equities and further upside in oil.
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.
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.