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: interest rates
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 edges higher as dollar weakens ahead of US inflation data
Gold prices edged higher on Tuesday as the US dollar softened. Traders are now focused on upcoming inflation data that could shape the Federal Reserve’s interest-rate path.
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 falls as strong US jobs data pushes rate hike expectations higher
Gold prices fell on Friday after strong US employment data reinforced expectations of further Federal Reserve rate hikes, making the non-yielding metal less attractive.
Gold price slips further after strong US jobs report fuels rate hike bets
Gold extended its weekly losses on Friday, falling another 0.80% as the US dollar and bond yields rose on bets that the Fed could raise rates in September.
Gold jumps 2% after Fed’s Waller signals rate hold on cooling inflation
Gold prices jumped more than 2% after Fed Governor Christopher Waller signalled support for keeping rates unchanged if inflation continues to cool. Lower Treasury yields and a weaker dollar added to the rally.
Gold vs silver after Warsh remarks: stability or upside?
Gold and silver have rallied sharply, but renewed US rate hike fears after Fed Chief Kevin Warsh's Jackson Hole speech have clouded the near-term outlook. We compare the two metals.
Gold slips as Middle East tensions lift oil and rate-hike bets
Gold dropped 0.5% on Monday as rising oil prices from Middle East tensions stoked inflation fears and bets on a September Federal Reserve rate hike, though Treasury buybacks offered some support.