Sage Investment Club

Gold hits 1-week high as dollar slides on robust China data

An Argor-Heraeus SA branded two hundred and fifty gram gold bar, center, sits in this arranged photograph at Solar Capital Gold Zrt. in Budapest, Hungary.Akos Stiller | Bloomberg | Getty Images Gold prices gained 1% on Wednesday as strong Chinese economic data dented the dollar and drove some bets for better physical demand from the […]

Gold set for biggest drop in 20 months on rate hike worries

American Eagle and South African Krugerrand gold bullion in Chicago, Illinois.Scott Olson | Getty ImagesGold prices slipped to a two-month low on Tuesday and were on track for their biggest monthly decline since June 2021, pressured by an elevated dollar and prospects of more rate hikes from the U.S. Federal Reserve.Spot gold was down 0.17% […]

Gold steady as U.S. rate hike fears persist

A one-kilogram gold bar sits at Gold Investments Ltd. bullion dealers in this arranged photograph in London, U.K., on Wednesday, July 29, 2020.Chris Ratcliffe | Bloomberg | Getty ImagesGold prices were little changed on Thursday as traders waited for U.S. growth data for more clues on the pace of Federal Reserve rates hikes and a […]

Gold dips on firm dollar and yields, markets turn to U.S. data

Gold bars being counted in IstanbulYoray Liberman | Getty ImagesGold prices eased on Tuesday as the dollar strengthened and bond yields rose, while investors looked toward U.S. economic data later this week for more clues on the rate-hike trajectory of the Federal Reserve.Spot gold fell 0.3% to $1,835.57 per ounce. U.S. gold futures slipped 0.4% […]

Gold steadies on dollar pullback; Fed rate increase fears weigh

Two Argor-Heraeus SA 250 gram gold bars at Solar Capital Gold Zrt. arranged in Budapest, Hungary, on Tuesday, March 22, 2022. Akos Stiller | Bloomberg | Getty ImagesGold prices edged higher on Thursday due to a slight pullback in the dollar and bond yields, although gains were kept in check by evidence of a resilient U.S. […]

Gold drops to over 1-month low as rate-hike bets fuel dollar

Ingots of 99.99 percent pure gold are placed in a workroom at Krastsvetmet precious metals plant in the Siberian city of Krasnoyarsk, Russia, January 31, 2023. REUTERS/Alexander ManzyukAlexander Manzyuk | ReutersGold prices dropped to their lowest in over a month on Wednesday, weighed down by a stronger dollar as better-than-expected U.S. economic data raised worries […]

Gold slips from nine-month peak as dollar regains lost ground

Gold bars being counted in IstanbulYoray Liberman | Getty ImagesGold prices slipped nearly 2% as the dollar rebounded and some investors locked in profits after bullion scaled a nine-month peak on dovish remarks from Federal Reserve Chair Jerome Powell.Spot gold dipped 1.91% to $1,9153.09 per ounce, having hit its highest since April 2022 earlier in […]