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Dollar rally pushes gold to near 2-month low
Dollar rally pushes gold to near two-month low as traders await Fed cues
Spot
gold
XAU= was down 0.7% at $2,600.93 per ounce by 2:23 ... along with remarks from Federal Reserve Chair Powell and other U.S. central bank officials. Following the
Fed
's recent decision to cut its benchmark interest rate by a quarter of a ...
Gold drops over 2% as dollar strengthens; investors await Fed policy cues
Gold prices slipped more than 2% on Monday, weighed down by the greenback's continued rise and the broader implications of Donald Trump's victory on fiscal policy and interest rate cuts. Spot gold fell 2.
Gold drops 1% to two-month low as US dollar marches higher
Several central bank officials are also scheduled to speak this week, including
Fed
Chair Jerome Powell. "At current levels we should start to see a pickup in physical demand, so expecting
gold
to bottom out in the $2,500-2,600/oz range," said UBS analyst ...
15m
Gold likely to be under pressure in the near term; check support levels
Spot gold tumbled to the lowest level in nearly 7 weeks on November 12 as investors piled into risk assets on optimism over ...
1d
on MSN
Gold sinks by most in more than three years as Trump's win roils markets
Gold futures plunged after Trump's election victory, as dollar strength deters investors from safe haven assets.
7d
on MSN
Gold vs. silver investing: Which is better when interest rates are cut?
Both can be smart investments right now, experts say, but one option could make more sense for your portfolio.
4d
on MSN
Gold price heads for weekly drop as traders weigh Trump, Fed outlook
Bullion declined by as much as 1% Friday, on track for its biggest weekly fall since May. The precious metal had gained ...
1d
Gold Price Future: $2,646 Support Critical with Inflation Data on the Horizon
Gold nears critical support at $2,646 as inflation data and Fed remarks loom, potentially setting a bearish tone for XAU prices if the level breaks.
6d
Gold hastens retreat as dollar rallies on Trump victory
Gold held steady on Wednesday as investors keenly awaited the outcome of a tightly contested U.S. presidential race.
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