After reaching fresh record highs at the beginning of last week, gold has been in the midst of a continuous drop. Meanwhile, the U.S. dollar ended its slide and steadied as U.S. President Donald Trump showed signs of softening his stance in the ongoing...
Gold continued its rise in the past week, surpassing the price of $3,000 per ounce for the first time ever. The push is credited to investors opting for safe-haven assets amid the economic and geopolitical uncertainty.
Spot gold peaked at $3,022.00 early on Friday before...
The dollar significantly lost momentum over the course of the past few days, but the same can’t be said about gold. Gold ticked up as the dollar dropped, rising time and time again throughout this week until it closed in on its all-time-high hit...
Gold prices rebounded on Friday after inflation came in hotter than expected. Bullion rose 0.7% to $2,647.25 per ounce, while spot gold increased by 0.4% to $2,639.00.
While the Federal Reserve cut its interest rate by 50 basis points at its latest policy meeting, US...
The value of gold topped $2,500 per ounce for the first time as hopes of interest rate cuts emerged. The spot gold bullion gained 2.2% after the latest slew of US housing data came in cooler than expected, thereby increasing hopes for the Federal...
Gold prices rose on Thursday morning after the release of July's Consumer Price Index (CPI). Spot gold prices rose 0.2% to $2,452.56 an ounce while white gold rose 0.4% to $2,490.40 per ounce. The positive CPI report helped to renew investor confidence and particularly...
