Gold Market

Gold and Silver

Gold Prices Recovered from Losses

Concerns over recent COVID-19 outbreaks involving the Delta form in numerous nations boosted the safe-haven yellow gold on Tuesday morning in Asia. Gold prices recovered from Monday’s early losses in the evening session. According to HDFC Securities’ Senior Analyst (Commodities), Tapan Patel, falling U.S. Treasury yields and mounting viral cases have bolstered gold demand. Gold …

Gold Prices Recovered from Losses Read More »

Gold and silver

Gold and Silver Prices Are Trading Steady

Gold and silver prices are trading near-constant in early Thursday trade in the United States. The market is anticipating Federal Reserve Chairman Jerome Powell’s testimony before a Senate committee, following his dovish comments on monetary policy to a House of Representatives panel on Wednesday. Gold futures for August were up $1.40 at $1,826.40 per ounce, …

Gold and Silver Prices Are Trading Steady Read More »

Gold futures

Gold Prices Increased on Tuesday, Reaching a Two-Week High

Dollar inflation also influences gold price boost. Investors wait for the U.S. federal reserve’s latest policy meeting release. Gold futures increased by 0.8% and reached $1,797.65 by GMT 3:34 AM. It is the highest result since June 18 ($1,794.86). The dollar usually moves in reverse to gold. As predicted, gold’s rise came along with the …

Gold Prices Increased on Tuesday, Reaching a Two-Week High Read More »

10 gram 22-carat, gold

Gold prices stabilize as investors await U.S. inflation data

Gold prices held steady on Friday as investors waited for the mixed signal from U.S. Federal Reserve (Fed/FED) officials to raise interest rates this week and announce U.S. inflation data later today. As of 0104 GMT, spot gold was flat at US$1,773.52 per ounce. So far this week, prices have increased by 0.6%. U.S. gold …

Gold prices stabilize as investors await U.S. inflation data Read More »

Subscribe to Our Newsletters

Have The Best Of Trade Market News Delivered Directly To Your
Mailbox. Subscribe To Receive The Latest Market News.