Gold prices rose on Wednesday, supported by a dip in the U.S. dollar and Treasury yields, though signs of progress in Russia-Ukraine peace talks dented the metal’s appeal as a safe haven and kept gains in check. U.S. gold futures rose 0.3% to $1,923.90. Spot gold was flat after hitting its lowest since Feb. 28 Read More
Gold prices fell to a near two-week low on Tuesday as elevated U.S. Treasury yields continued to impede zero-yield bullion’s appeal, with investors also tracking key talks between Russia and Ukraine. Spot gold had dipped 0.5% to $1,914.26 per ounce, touching $1,909.40, its lowest since March 16, earlier in the session. U.S. gold futures dropped Read More
Gold prices fell on Monday as the dollar index gained and U.S. Treasury yields held firm near multi-month highs, with investor focus on potential Russia-Ukraine peace talks this week further dimming bullion’s safe-haven appeal. Spot gold was down 0.7% at $1,943.72 per ounce, as of 0426 GMT. U.S. gold futures were down 0.5% at $1,943.50. Read More
Gold prices rose on Monday as fighting in Ukraine boosted demand for safe-haven bullion, while investors kept a close tab on Moscow-Kyiv peace talks. Spot gold rose 0.5% to $1,931.16 per ounce by 1:51 p.m. ET (1751 GMT). U.S. gold futures for April settled mostly unchanged at $1,929.50. “Another escalation around Ukraine will drive significant Read More
Gold steadied on Wednesday, with a weaker dollar offsetting pressure from higher U.S. Treasury yields as investors await the first pandemic-era U.S. Federal Reserve interest rate hike. Spot gold was flat at $1,917.91 per ounce at 1015 GMT, after touching its lowest since March 1 at $1,906 on Tuesday. U.S. gold futures fell 0.3% to Read More
Gold extended its slide on Tuesday as ceasefire talks between Russia and Ukraine reduced demand for safe-haven assets, while bets that the U.S. Federal Reserve may raise interest rates for the first time in three years added to pressure on gold. Spot gold was down 1.2% at $1,928.58 per ounce, as of 1032 GMT, after Read More
Gold prices were set for a second weekly gain as talks between Russia and Ukraine made little apparent progress, although bullion saw a dip on Friday as elevated U.S. Treasury yields on the back of inflation data assuaged its safe-haven appeal. Fundamentals Spot gold was down 0.2% at $1,992.94 per ounce, as of 0203 GMT. U.S. gold Read More
Gold on Tuesday extended its blistering rally toward an all-time high as investors made a beeline for the traditional safe haven on mounting fears about the Ukraine crisis and the impact of a possible ban on Russian oil by the United States and Britain. Meanwhile, worries over a palladium supply shortfall due to sanctions on Read More
Gold slid from the key $2,000-mark on Tuesday as investors paused to reassess the Russia-Ukraine conflict after talks hardly advanced, with a strong U.S. dollar weighing further on the safe-haven metal. Spot gold was down 0.5% at $1,988.78 per ounce by 0447 GMT, after scaling a 1-1/2-year peak of $2,002.40 on Monday. U.S. gold futures Read More
Gold prices were flat on Thursday as risk appetite improved after the U.S. Federal Reserve chairman tried to assuage fears about aggressive interest rate hikes, offsetting safe-haven demand spurred by the Russia-Ukraine conflict. Fundamentals Spot gold held its ground at $1,927.18 per ounce by 0117 GMT. U.S. gold futures rose 0.4% to $1,929.90. Ukraine’s second-biggest Read More
Palladium rose 4.5% to a near six-month peak on Wednesday, driven by fears of a hit to supply from top producer Russia, while gold firmed above the key $1,900 level as Ukraine declared a state of emergency. Russia is the world’s third-largest producer of gold, while the country’s Nornickel is also a major producer of Read More
