Gold steady ahead of US payrolls data after Thursday’s 2% jump
Spot gold held at $4,469.26 on Friday after a 2% rally on Thursday. Traders now await US payrolls data for clues on the Federal Reserve’s next rate decision.
Gold Market
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Gold steadies ahead of US payrolls data, set for weekly gain
Gold held steady on Friday as markets waited for US employment figures that could shape Federal Reserve rate policy. The precious metal is on track for a modest weekly gain.
Gold jumps 1.1% as dollar and yields retreat ahead of US jobs data
Spot gold rose 1.1% to $4,434.70 on Thursday as the US dollar and Treasury yields slipped. Markets await Friday's nonfarm payrolls data for clues on the Fed's next rate move.
Gold treads water before US jobs data
Gold prices held steady in early Asian trade on Thursday as investors awaited US nonfarm payrolls data that could influence the Federal Reserve's next policy move.
Gold hits two-week low as Treasury yields and dollar strengthen
Gold prices dropped to a two-week low on Wednesday, pressured by rising Treasury yields and a strengthening dollar. Market attention now turns to upcoming US jobs data for signals on interest rates.
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.
Gold slides to near two-week low on Fed rate hike expectations
Spot gold fell 0.7% to $44,423.84 per ounce, hitting its lowest in nearly two weeks after Federal Reserve Chair Kevin Warsh indicated that interest rate hikes may be needed to curb inflation.
Gold prices drop ₹9,500 per 10 grams in four days as rate hike bets rise
Gold prices fell ₹9,500 per 10 grams over four sessions and silver dropped ₹7,700 per kg after Fed Chair Kevin Warsh's comments raised expectations of higher US interest rates.