Nov 4 2024, 07:27 Gold was steady below a record high, with traders monitoring a tight US presidential election that could have a dramatic impact on economic policy. Bullion traded near $2,740 an ounce after the latest raft of polling data showed no clear frontrunner in the race between Kamala Harris and Donald Trump ahead of the vote…
Oct 31 2024, 01:34 Gold topped $2,800 an ounce for the first time ever on Wednesday, but one analyst warned that the upward movement for prices may be “limited” going forward as strength in Treasury bond yields is a reminder to investors of the high opportunity cost of the non-yielding precious metal. The precious metal’s…
Oct 29 2024, 10:05 Gold advanced toward a record as traders prepared for key data that will help to set the stage for the next Federal Reserve policy decision, while the countdown to the US presidential election continued. Bullion climbed above $2,756 an ounce as investors waited for inflation and payroll figures this week, with the…
Oct 24 2024, 01:18 Gold prices fell over 1% after hitting a record high on Wednesday, as a stronger dollar and a rise in U.S. Treasury yields countered support from safe-haven demand linked to the Nov. 5 U.S. election and Middle East war. Spot gold was down 1.2% to $2,714.55 per ounce as of 01:43…
Oct 22 2024, 13:23 Gold prices rose on Tuesday and hovered near a record high hit in the previous session amid uncertainties around the U.S. election, ongoing Middle East tensions, and expectations of central banks’ interest rate cuts.Spot gold rose 0.4% to $2,729.91 per ounce by 0303 GMT. U.S. gold futures rose 0.2% to $2,744.40….
Oct 21 2024, 08:19 Gold prices strengthened near $2,720 in early Asian session on Monday. Uncertainty surrounding US elections and geopolitical risks boosted demand for safe-haven assets such as Gold. Concerns over China’s economic slowdown could weigh on XAU/USD. Gold prices (XAU/USD) extended gains to around $2,720 during early Asian session on Monday. Uncertainty surrounding…
