Platinum Market

gold

The Major Influence of Dollar on Gold Price: What to expect?

In trading, sector changes can happen in minutes. There is no word like ‘’permanent’’ there. Everything is evolving and developing. For example, statistics checked a few minutes ago may no longer be valid. According to the updated information, the price of gold increased by 0.12%. However, due to the strengthening of the dollar, the achievements …

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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 …

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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 …

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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 …

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Gold

Gold Remains Month-Lowest, Awaiting for Fed Policy Decision

Gold rose in early Asian trading on Wednesday, but it was still close to its lowest level in four weeks. The U.S. dollar stabilized ahead of the long-awaited Fed policy decision. The Fed will announce its decision at the end of the two-day meeting later in the day. Investors are looking for clues about when the central …

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