by admin | Mar 6, 2023 | Commodity
Gold futures were little changed Monday, holding steady after snapping a run of four straight weekly declines, as investors awaited testimony this week by Federal Reserve Chair Jerome Powell.Price action Gold for April delivery GC00, +0.16% GCJ23, +0.16% rose $2.60,...
by admin | Feb 27, 2023 | Commodity
Gold futures finished higher on Monday, with prices bouncing back after posting declines for five consecutive sessions. “We have seen quite a shift in market direction in favour of the dollar and yields, with most foreign currencies, gold, and US equities falling out...
by admin | Feb 8, 2023 | Commodity
Gold prices advanced on Wednesday for the third straight session as the U.S. dollar softened and Treasury yields declined, helping to bolster the relative attractiveness of the yellow metal. Price action Gold for April delivery GC00, +0.28% GCJ23, +0.28% gained...
by admin | Feb 7, 2023 | Commodity
Gold futures climbed on Tuesday, posting a second straight session gain, with prices finding support from some weakness in the U.S. dollar as Federal Reserve Chairman Jerome Powell spoke at the Economic Club of Washington. Powell said that the U.S. jobs report...
by admin | Feb 6, 2023 | Commodity
Gold prices finished a bit higher on Monday after tumbling to their lowest level in three weeks following Friday’s surprisingly strong jobs report, which helped send Treasury yields and the dollar higher to the detriment of the yellow metal. Price action Gold for...