Gold slumps to 2-month low as dollar marches on; Fed signals in focus
Gold fell for a fifth straight session on Thursday to hit its lowest level in eight weeks, pressured by a stronger U.S. dollar and rising Treasury yields amid uncertainty over the pace of the Federal Reserve's interest rate cuts.
Markets are dismissing gold as a hedge against inflation, despite Trump's policies potentially raising US inflation.
An ally of Donald Trump in the US Senate has a plan for filling up the president-elect’s proposed strategic Bitcoin stockpile ...
The Fed rate cut could have a big impact on gold prices this week, but that impact may not be what you'd expect.
Markets are watching a heavy slate of U.S. economic data this week, including the release of the consumer price index for ...
Gold hovered near a one-month low on Tuesday, as investors awaited a set of key U.S. economic data and comments from Federal ...
Gold held near a two-month low amid persistent strength in the dollar, with traders winding back expectations for a Federal ...
The precious metal's rise signals deeper worries about inflation, even after two years of Fed rate hikes. Some analysts see ...
Gold prices have fallen 2% so far this week as a strong dollar weighed on sentiments. US Fed's rate cut on Thursday ...
Market awaits this week's speech by Fed's Jerome Powell US CPI, PPI data due later this week Dollar index up 0.5% Nov 11 (Reuters) - Gold prices slipped more than 2% on Monday, weighed down by the ...
The DXY, which tracks the performance of the US Dollar against a basket of peers, hit a YTD high of 106.52, surpassing the ...
Gold ticked up on Tuesday but hovered near a one-month low, while investors awaited U.S. economic data and comments from ...
Finally, by investing in gold as a beginner — when just starting your portfolio, you have more time to enjoy its benefits. As ...
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