Gold dips as rate hike bets hold despite weak data, dollar gains
U.S. economic growth slows, inflation remains sticky – data Markets expect 25 bps Fed rate hike next week Higher rates can worsen banking crisis –...
Gold pulls back after brief run to $2,000 on U.S. banking woes
First Republic shares plunge amid scepticism over rescue plan U.S. PCE price index data due this week Swiss gold exports to China rose in March...
Gold retreats to mark weekly loss on hawkish Fed
Dollar set for best week since February Silver snaps five-week winning streak Platinum scales over one-year peak April 21 (Reuters) – Gold prices fell sharply...
Gold gains on dollar drop as markets gauge Fed rate path
Markets see 80% of 25-bps hike in Fed’s May meeting Path of least resistance looks higher for gold – analyst April 20 (Reuters) – Gold...
EU plans to prevent taxpayer cash being used to save failing banks
April 18 (Reuters) – The European Union on Tuesday proposed making it harder for states to pour billions of euros of aid into an ailing...
Gold climbs back above $2,000 on dollar retreat
U.S. dollar down 0.4% Markets pricing in Fed’s 25 bps rate hike in May Palladium up over 3% April 18 (Reuters) – Gold prices climbed...
Dollar gains after strong New York factory survey
SINGAPORE, April 17 (Reuters) – The dollar rose on Monday after New York state factory activity in April increased for the first time in five...
Dollar heads for longest stretch of weekly losses since 2020
SINGAPORE, April 14 (Reuters) – The dollar headed for its longest stretch of weekly losses in almost three years on Friday, as traders ramped up...
Dollar dips as producer prices cool, euro hits one-year high
NEW YORK, April 13 (Reuters) – The dollar fell to a two-month low against a basket of currencies and a one-year low against the euro...
Gold rallies to 1-year peak as economic worries mount
Gold prices just $30 off record highs U.S. weekly jobless claims increase April 13 (Reuters) – Gold surged on Thursday as more weak U.S. economic...