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
Gold prices hit its highest in almost nine months on Tuesday before pulling back as investors waiting for more developments in the Ukraine crisis repositioned near the pivotal $1,900 an ounce mark. Spot gold was down 0.2% at $1,902.71 per ounce by 14:06 ET (1906 GMT), having hit its highest since June 1 at $1,913.89. Read More
Oil prices took a breather on Wednesday after surging to seven-year highs the previous session as it became clear the first wave of U.S. and European sanctions on Russia for sending troops into eastern Ukraine would not disrupt oil supplies. At the same time, the potential return of more Iranian crude to the market, with Read More
Gold prices fell from a more than eight-month high hit earlier on Monday, as safe-haven demand eased after the U.S. president agreed to meet his Russian counterpart over the Ukraine crisis. Fundamentals Spot gold fell 0.2% to $1,893.80 per ounce by 0139 GMT, retreating from $1,908.02 — its highest since June 3 hit earlier in Read More
Gold prices fell from a more than eight-month high hit earlier on Monday, as safe-haven demand eased after the U.S. president agreed to meet his Russian counterpart over the Ukraine crisis. Spot gold fell 0.2% to $1,893.80 per ounce by 0139 GMT, retreating from $1,908.02 — its highest since June 3 hit earlier in the session. U.S. Read More
Gold prices rose on Wednesday after the United States said Russia was still building up troops around Ukraine. Spot gold, which on Tuesday hit the highest level since June 2021 at around $1,879 per ounce, added 0.9% to $1,869.56. U.S. gold futures settled down 0.8% at $1,871.50. “Gold is attracting a wide range of investors Read More
Precious metals fell on Tuesday with gold slipping from a multi-month high and palladium shedding more than 5% as news that some Russian troops near Ukraine were returning to their bases dented demand for safe-haven assets. Spot gold was down 0.8% at $1,855.06 per ounce by 01:57 p.m. ET (1857 GMT), after hitting its highest Read More
Gold prices were steady on Friday, as bullion’s appeal as an inflation hedge was partially capped by hawkish comments from a U.S. Federal Reserve official that ramped up odds for a hefty interest rate hike next month and also lifted Treasury yields. Spot gold held its ground at $1,825.62 per ounce, as of 0328 GMT, Read More
Gold prices were stuck in a tight range on Thursday as investors awaited U.S. inflation data that could offer fresh clues about the pace of the Federal Reserve’s monetary policy tightening. Spot gold rose 0.1% to $1,833.99 per ounce by 0424 GMT, trading close to Wednesday’s high of $1,835.60. U.S. gold futures fell 0.1% to $1,835.40. Due out Read More
Gold prices rose on Monday, as growing worries over broadening price pressures lifted the metal’s appeal as an inflation hedge and helped cushion pressure from higher U.S. Treasury yields after a surprisingly upbeat jobs report. Spot gold rose 0.2% to $1,810.38 per ounce by 0129 GMT, hovering close to its highest nearly a week reached last Read More
Gold was steady on Wednesday above the $1,800 psychological level as concerns surrounding Ukraine supported the safe-haven metal, while investors awaited U.S. jobs data that is considered key for the Federal Reserve’s tapering timeline. Spot gold held its ground at $1,801.25 per ounce, as of 0102 GMT. In the previous session, bullion touched $1,805.43 as Read More
Gold prices were flat on Tuesday, as a weaker dollar countered concerns about potential interest rate hikes, while investors waited for a slew of economic data to gauge the strength of global economies. Spot gold was little changed at $1,797.94 per ounce by 0140 GMT. U.S. gold futures were up 0.2% at $1,799.10. The dollar index Read More
Gold was flat on Friday and set for its sharpest weekly decline since November, as markets digested the U.S. Federal Reserve’s policy tightening policy plan that led to a surge in dollar and Treasury yields. Spot gold was unchanged at $1,797.71 per ounce by 0532 GMT. U.S. gold futures was up 0.2% at $1,798.80. The Read More
