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 Market
Tagged: precious metals
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 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 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.