Gold prices reverse course to trade higher as US dollar loses ground
By Arundhati Sarkar(Reuters) – Gold reversed course to trade higher on Wednesday as the U.S. dollar pulled back from session highs and expectations of a slower pace of Federal Reserve rate hikes supported prices above the $1,900 threshold.Having dipped in the last two sessions, spot gold rose 0.5% to $1,917.26 […]
Gold declines Rs 153 amid fall in precious metal prices globally
Gold price in the national capital declined Rs 153 to Rs 55,650 per 10 grams on Friday amid a fall in precious metal prices globally, according to HDFC Securities. The yellow metal had ended at Rs 55,803 per 10 grams in the previous trade. Silver also fell […]
Gold slips from near 7-month peak as caution sets in before US jobs data
By Arundhati Sarkar (Reuters) – Gold prices slipped on Thursday from a near seven-month peak, as the dollar steadied and investors squared positions ahead of the closely watched U.S. jobs data that could influence the Federal Reserve’s rate-hike path. Spot gold fell 0.3% to $1,848.40 per ounce […]
Gold prices rise to mid-June highs as markets look to US Fed minutes
By Seher Dareen (Reuters) – Gold prices extended gains on Wednesday to touch their highest levels since mid-June, helped by a pull-back in the dollar and yields as markets awaited the release of Federal Reserve minutes for guidance on upcoming interest rate hikes. Spot gold was up […]