Gold eased from an earlier near three-week high on Monday as investors prepared for Congressional testimony from Federal Reserve Chair Jerome Powell this week and monthly U.S. jobs data, both of which could influence interest rate policy. Spot gold was down 0.5% at $1,846.54 per ounce by 2:56 p.m. ET, after hitting its highest since Read More
Oil prices pared early gains on Thursday as signs of a strong economic rebound in top crude importer China were offset by fears over the impact of potential increases to European interest rates. Brent crude futures were up 33 cents, or 0.41%, at $81.08 a barrel by 3:35 p.m. ET. U.S. West Texas Intermediate (WTI) Read More
Gold prices rose on Friday and looked set to post their biggest weekly gain since mid-January, as the U.S. dollar eased, while traders assessed prospects of further rate hikes by the Federal Reserve. Spot gold was up 0.2% at $1,838.84 per ounce, as of 0358 GMT, rising about 1.5% so far in the week. U.S. Read More
Gold prices were set to break their three-session winning run on Thursday, weighed down by a firmer dollar and as bullion’s outlook remains clouded by prospects of further interest rate hikes from the U.S. Federal Reserve. Spot gold was down 0.3% at $1,831.70 per ounce, after hitting a one-week peak in the previous session. U.S. Read More
