Gold prices fell on Friday under pressure from a firmer dollar but were poised to post their biggest monthly gain since 1980 as investors piled into the safe metal amid lingering geopolitical and economic uncertainties. RAW MATERIALS * Spot gold fell 0.9% to $5,346.42 an ounce as of 0124 GMT, after hitting a record high […]
Gold prices are poised to remain firm and could move closer to record highs next week as investors await key U.S. data, Fed Chairman Jerome Powell’s speech and the Reserve Bank of India’s policy decision, analysts said. “Gold is moving out of the consolidation range as investors focus on manufacturing and services PMI data from […]
Gold prices rose on Wednesday as bargain hunters intervened after the precious metal fell to its lowest level in three weeks in the previous session, with investors now awaiting the Federal Reserve’s interest rate decision later in the day. RAW MATERIALS * Spot gold rose 0.7% to $3,977.49 an ounce as of 0114 GMT, after […]