Gold futures moved Thursday lower in volatile trading that saw prices in both directions up as much as 2%. Federal Reserve Chairman Jerome Powell announced changes to the central bank’s policy framework in a speech at the Jackson Hole Economic Symposium that were seen as offering a more accommodative monetary …
Read More »Gold prices are higher to stop disk, but mark first back-to-back weekly fall since March
Gold futures took a small gain on Friday to stop a third consecutive slide, but the advance of the precious metal for the day was not enough to prevent the first back-to-back weekly declines since the COVID-19 pandemic began in March . Experts say a resurgence in US dollar investors …
Read More »Gold prices end lower, falling more than 2% as the dollar slides; copper books highest settlement since 2018
Gold prices plunged sharply on Wednesday, ending a two-day string of gains as the U.S. dollar stopped its skid and as commodity investors watched minutes from the Federal Reserve’s July policy meeting, which could provide further insight into the central banker’s perspective for US and global business. Market participants will …
Read More »Gold prices pop higher than Buffett shares of the second largest miner in the world
Gold prices rose higher on Monday, partly supported by a slide in government bond yields and the US dollar, which were the attraction of the precious commodity. But the yellow metal may also have attracted extra interest after a public submission that offered a glimpse of Warren Buffett’s Berkshire Hathaway …
Read More »Gold prices fall, looking at the first loss of the week since early June
Gold futures led lower Friday, pulling back to two straight days of gains, with prices ready to record their first weekly loss in 10 weeks on the back of recent strength in U.S. Treasury yields. The week began with gold trading in record highs, but will end with “several factors …
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