Gold slips as Middle East tensions fuel inflation fears
Gold prices fell on Wednesday as intensifying conflict in the Middle East pushed crude oil higher, stoking inflation fears and raising expectations of a US interest rate hike.
Gold Market
Tagged: inflation
Gold rebounds towards $4,450 as US dollar weakness persists
Gold rebounded early Tuesday, recovering from a two-day slide as the US dollar softened broadly. The metal found buyers below $4,400 and now eyes the 21-day SMA near $4,465.
Gold slips on oil price surge and inflation jitters ahead of US CPI
Gold fell on Tuesday as rising oil prices and geopolitical tensions took centre stage, with traders turning their attention to upcoming US inflation reports.
Gold edges higher on soft dollar as markets await US inflation data
Gold and silver gained internationally as the dollar softened. Traders are watching US inflation data for clues on the Fed's next move.
Gold shares lift Chinese equities as Middle East tensions simmer
Chinese mainland benchmarks edged higher on Tuesday, supported by gold, agriculture and energy shares, while technology stocks dragged. Hong Kong fell on Middle East concerns.
Gold slides 0.4% on hot US jobs data, Fed rate hike bets rise
Gold dropped more than 0.4% on Monday after Friday’s US jobs report beat expectations, boosting bets that the Federal Reserve will raise interest rates again. Markets now price a 60% chance of a move in September.
Gold price holds near $4,400 as mixed signals keep traders cautious
Gold opens the week near $4,400, caught between rate hike fears from strong US jobs data and support from a stable dollar. Technical indicators suggest consolidation.
Gold and silver fall as strong US jobs data fuels rate hike bets
Gold and silver prices fell as stronger US jobs data boosted expectations of higher interest rates. Analysts see a sideways trend ahead of US inflation data and the Fed's September meeting.
Gold Slides Nearly $100 After Strong US Jobs Data
Gold dropped nearly $100 on Friday after a surprise surge in US nonfarm payrolls boosted rate-hike expectations. The metal is set for a second consecutive weekly loss, and traders now look to next week's inflation data.