Gold prices remained largely steady on Friday, after falling more than 1% in the previous session, as investors remained on the sidelines assessing the impact of a widening conflict in the Middle East on the global economy. RAW MATERIALS Spot gold held steady at $5,076.09 an ounce as of 01:16 GMT. US. Gold futures for […]
Gold prices held steady above $4,200 on Thursday, supported by weak private payrolls data that reinforced expectations of a US interest rate cut at the US Federal Reserve’s monetary policy meeting next week. RAW MATERIALS * Spot gold held steady at $4,207.56 an ounce as of 01:04 GMT. * US gold futures for December rose […]
Gold prices fell by almost 1% on Wednesday and withdrew from a record that was previously scaled up in the session, while market participants dissected comments from the Federal Reserve chairman Jerome Powell. Spot gold decreased 0.9% at $ 3,658.25 per ounce, from 15.11 hours EDT (1911 GMT), after a record high of $ 3,707.40. […]
Gold rose for the first time past $ 3,600 per ounce level and reached a new record high as soft American labor data reinforced expectations The Federal Reserve will lower the interest next week. Spotgouden rose 1.3% to $ 3,631.66 per ounce, from 09:59 am Edt (1349 GMT). Bullion reached a record high of $ […]