Gold prices climbed sharply on Wednesday as broadly weaker U.S. dollar boosted the demand for dollar-dominated commodities while improving global macroeconomic environment also burnished metal’s inflation hedge appeal. Silver prices also edged higher on...
Gold futures settled sharply lower on Tuesday as a rally in global equity markets amid improving macroeconomic environment reduced the demand for safe-haven bets while constant outflows from gold-backed ETFs has also weakened investors’...
U.S. gold futures edged lower on Friday as surprisingly strong non-farm payrolls data boosted the U.S. dollar against major traded currencies, making dollar-dominated commodities expensive. Silver prices, meanwhile, edged higher on Friday. Stronger than...
Gold futures settled higher on Thursday and recovered previous session’s losses after the European Central Bank (ECB), in line with expectations, slashed benchmark interest rate by 25 basis points to record low level of...
Gold prices fell sharply on Wednesday as spate of disappointing economic data releases from the world’s top economy rattled investors, triggering across-the-board sell-off. Silver prices also fell sharply on Wednesday. It was the biggest...
Gold futures tacked higher on Tuesday but the rally faded as investors remained on the sidelines ahead of the key policy rate statements from the Federal Reserve and the European Central Banks, later this...
Gold prices climbed 1% on Monday as weakness in the U.S. dollar boosted the demand for dollar dominated commodities while rising expectations that global central banks might further ease their monetary policies to shore...
Gold prices rallied on Thursday, hitting 10-day high level thanks to persistent robust physical-side demand from Asia and weakness in the U.S. dollar. Silver prices also rallied on Thursday. At last check, gold futures...
Gold prices recovered sharply on Wednesday as strong physical side demand boosted metal’s speculative buying while rising expectations that the European Central Bank could further slash its prime lending rate following two back-to-back disappointing...
Gold prices edged higher for the third successive session on Monday as last week’s two-year low drop in prices continued to attract bargain hunters from Asia, signaling that the metal might have “bottomed out”....