Gold near one-month peak with focus on U.S. inflation data
(Reuters) – Gold steadied near a one-month peak on Wednesday, although prices were stuck in a tight range with gains curbed by an uptick in...
Gold slips after Powell dashes hopes on Fed rate hike pause
(Reuters) – Gold turned negative on Federal Reserve Chair Jerome Powell’s remarks on Wednesday that it was premature to discuss pausing rate hikes, after prices...
Banks in Russia face shortage of gold bars after huge rise i…
(MENAFN) Following a huge rise in demand for the precious metal, banks in Russia are experiencing a scarcity of gold bars, according to a report...
Gold rallies as dollar, yields retreat; silver soars over 8%
(Reuters) – Gold prices jumped more than 2% on Monday boosted by a dip in the U.S. dollar and bond yields, as recent lows enticed...
Gold eases as dollar gains, Fed minutes on the radar
(Reuters) – Gold prices eased on Wednesday as the dollar ticked higher, while investors awaited clues on U.S. interest rate hikes from the minutes of...
Gold bounces over 1% as dollar retreats post Fed verdict
By Kavya Guduru, Ashitha Shivaprasad (Reuters) – Gold jumped more than 1% as the dollar and Treasury yields retreated after the U.S. Federal Reserve hiked...
Gold rises on bargain hunting after hitting weakest level since December
(Reuters) – Gold prices staged a slight recovery on Wednesday as some investors resorted to bargain hunting after a more than 2% fall in the...
Gold rises as inflationary pressures mount, yields fall
(Reuters) – Gold prices rose on Tuesday after mounting inflation concerns boosted safe-haven bids for the precious metal and as a decline in U.S. Treasury...
Gold climbs over 1% on dollar sell-off
(Reuters) – Gold prices rose over 1% on Monday, boosted by a slide in U.S. dollar to its lowest in a month, while growth concerns...
Gold rises 1% after Fed flags inflation, tones down hawkish bets
A saleswoman shows gold bangles to a customer at a jewellery showroom on the occasion of Akshaya Tritiya, a major gold buying festival, in Kolkata,...