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 […]
Precious metals retreated on Thursday as geopolitical tensions and demand for safe havens eased after US President Donald Trump backed away from new tariff threats and proposals to forcibly annex Greenland, while a firmer dollar also put pressure on prices. RAW MATERIALS * Spot gold fell 0.8% to $4,799.79 an ounce as of 0136 GMT, […]
Gold fell on Tuesday, a day after breaching $4,600/ounce for the first time ever, as investors booked profits amid heightened geopolitical and economic uncertainty. RAW MATERIALS * Spot gold was down 0.4% at $4,576.79 an ounce as of 01:34 GMT. Bullion hit an all-time high of $4,629.94 on Monday. * U.S. gold futures for February […]
Gold prices fell 3% on Friday following a broader market sell-off fueled by hawkish comments from US Federal Reserve officials, dampening hopes for a rate cut in December. Spot gold fell 1.9% to $4,092.72 an ounce as of 2:33 PM ET (1933 GMT), after falling more than 3% earlier in the session. However, precious metals […]