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Gold prices edged lower on Monday on a firmer dollar as investors squared positions before U.S. inflation data that could influence the Federal Reserve’s rate-hike roadmap. Spot gold was down 0.2% at $1,861.95 per ounce, as of 0302 GMT. U.S. gold futures eased 0.1% to $1,872.20. Bullion is often seen as an inflation hedge, but Read More

Gold prices fell on Thursday as investors braced for more interest-rate hikes from the U.S. Federal Reserve, with focus now turning to inflation data due next week that could be an important factor for the central bank’s monetary policy plans. Spot gold fell 0.5% to $1,865.60 per ounce by 2:09 p.m. ET (1909 GMT), going Read More

Gold prices edged lower on Thursday, as the dollar steadied and after U.S. Federal Reserve officials said more interest rate increases were likely to curb inflation. Spot gold was down 0.1% at $1,874.58 per ounce, as of 0054 GMT. U.S. gold futures fell 0.2% to $1,886.20. The dollar was largely steady against its rivals. A stronger Read More

Gold prices regained some ground on Monday but a firmer dollar and concerns that the U.S. Federal Reserve might keep hiking interest rates kept bullion below the key $1,900-an-ounce level. Spot gold was up 0.4% at $1,872 per ounce, after hitting its lowest level since Jan. 6 earlier in the session. U.S. gold futures rose Read More

Gold prices steadied on Friday after a sharp sell-off in the previous session, as traders digested rate-hike remarks from global central banks, but the metal was set for its first weekly drop in seven amid a strong dollar. Spot gold edged 0.2% higher to $1,916.31 per ounce by 0233 GMT, after shedding 2% in a sell-off on Thursday that was fueled by Read More

Gold prices on Tuesday were on track for their third straight monthly gain, helped by an overall weaker dollar and expectations around slower rate hikes from the U.S. Federal Reserve. Spot gold was near its session-highs, up 0.23% to $1,928.23 per ounce by 4:30 p.m. ET. Bullion has gained 5.7% in January. U.S. gold futures Read More

Gold prices eased on Tuesday, but were en route to their third straight monthly gain, as market participants awaited the U.S. Federal Reserve policy decision later this week. Spot gold was down 1% at $1,902.75 per ounce. The contract, however, was headed for a monthly gain of 4%. U.S. gold futures were down 1.1% at Read More

Gold steadied on Friday with gains capped by a stronger dollar, but the metal was still set for a sixth straight weekly rise ahead of the U.S. Federal Reserve’s rate decision next week. Spot gold edged up 0.1% to $1,931.61 per ounce, yet gave up gains earlier in the session after data showed U.S. consumer Read More

Gold prices hit a nine-month high on Thursday before trading slightly lower, as investors hunkered down for U.S. economic data that could influence the Federal Reserve’s policy tightening path. Spot gold was down 0.5% at $1,937.16 per ounce, after hitting its highest since April 2022. U.S. gold futures were down 0.3% at $1,937.60. The dollar index held steady but hovered near an eight-month low. Read More

Gold prices edged lower on Friday as the dollar firmed, although hopes of slower rate hikes from the U.S. Federal Reserve kept bullion on track for its fifth straight weekly gain. Spot gold fell 0.15% to $1,925.33 per ounce, after rising to its highest since April 22 at $1,937.49 earlier in the session. Prices are Read More

Gold prices edged lower on Friday as the dollar firmed, although hopes of slower rate hikes from the U.S. Federal Reserve kept bullion on track for its fifth straight weekly gain. Spot gold fell 0.15% to $1,925.33 per ounce, after rising to its highest since April 22 at $1,937.49 earlier in the session. Prices are Read More

Gold prices held steady on Friday but were on track for a fifth consecutive weekly gain, as a weaker dollar and hopes of slower U.S. interest rate hikes boosted the safe-haven bullion’s appeal. Spot gold was little changed at $1,930.04 per ounce, as of 0308 GMT and was up 0.5% for the week. On Thursday, prices hit $1,935.20, the highest since April 2022. The U.S. Federal Reserve will end Read More

Gold prices inched higher on Thursday as investors weighed the chances of the U.S. Federal Reserve slowing its pace of interest rate hikes, while a firmer dollar capped bullion’s gains. Spot gold was up 0.1% at $1,906.01 per ounce, as of 0252 GMT. U.S. gold futures fell 0.1% to $1,906.00. Few Fed officials signalled on Wednesday that they would push Read More

Gold prices inched lower on Wednesday as the U.S. dollar firmed, while expectations of a slowdown in the pace of Federal Reserve interest rate hikes limited the losses. Spot gold dipped 0.3% to $1,902.79 per ounce, as of 0256 GMT. U.S. gold futures fell 0.2% to $1,906.00. The dollar index was up 0.3%. A stronger Read More

Gold fell for a second session on Tuesday as the dollar ticked up, while investors still sought direction from the U.S. Federal Reserve’s rate hike path. Spot gold dropped 0.7% to $1,904.44 per ounce. The metal closed lower on Monday, after having risen to its highest since April 2022. U.S. gold futures fell 0.75% to Read More

Gold prices steadied after climbing to their highest in nearly nine months on Monday, as a softer dollar and expectations of slower interest rate hikes from the U.S. Federal Reserve added to bullion’s shine. Spot gold held its ground at $1,918.66 per ounce, as of 0548 GMT. Earlier in the session, prices hit $1,929 per ounce, a peak Read More

Gold prices rose on Thursday to near an eight-month peak, helped by a weaker dollar, as investors braced for a U.S. inflation report expected to provide clues to the Federal Reserve’s rate-hike path. Spot gold rose 0.5% to $1,885.85 per ounce, after hitting its highest since early May at $1,886.59 on Wednesday. U.S. gold futures Read More

Gold ticked up on Tuesday as traders looked ahead to U.S. Federal Reserve Chair Jerome Powell’s upcoming speech for more clarity around the central bank’s rate-hike plans, with a firmer dollar limiting bigger advances in the metal. Spot gold rose 0.2% to $1,876.11 per ounce, trading in a narrow $10 range. U.S. gold futures edged Read More

Gold prices hit an eight-month high on Monday, as the dollar slipped on bets for slower U.S. interest rate hikes, while investors also cheered top bullion consumer China reopening its borders. Spot gold rose 0.4% to $1,873.72 per ounce by 0951 GMT, its highest since May 9, 2022. U.S. gold futures gained 0.4% to $1,877.40. Read More