Gold futures marked a substantial climb, concluding at $2,012.40 per ounce on Monday (Nov 27), propelled by a sagging dollar and a steep decline in US bond yields. In a noteworthy surge, gold futures ascended by $9.40, accounting for a significant 0.47% increase, while silver futures saw a parallel uptick, rising by 34 cents or …
Gold Surges to $2,012.40 Amid Weak Dollar and Plummeting Bond Yields Read More »
On Friday (Nov. 24), gold futures experienced a surge, closing at $2,003.00 per ounce, marking a $10.20 increase (0.51%) thanks to a weakened dollar that spurred significant interest in gold futures. This upward trend was not exclusive to gold; silver, platinum, and palladium futures also saw gains at the market close. Silver futures soared by …
Gold Surges to $2,003/Ounce as Weak Dollar Boosts Investment Read More »
Gold futures in New York faced a downturn on Wednesday, recording negative closures as the market contended with a robust upswing in the dollar’s strength, influencing precious metal prices. The day’s trading saw gold futures plummet by $8.80, marking a 0.44% decline to conclude at $1,992.80 per ounce. Similarly, silver experienced a decline, falling by …
Gold Prices Dip as Strong Dollar Impacts Precious Metals Market Read More »
In a notable ascent, gold futures surged above the significant threshold of $2,000 on Tuesday (Nov. 21), buoyed by a decline in U.S. bond yields and amid perceptions that the Federal Reserve (Fed) has concluded its streak of interest rate hikes. Closing at $2,001.60 per ounce, gold futures registered a substantial increase of $21.30 or …
Gold Surges Beyond $2,000 Mark as Bond Yields Decline, Market Supported Read More »
Gold futures witnessed a downturn on Monday (Nov. 20) influenced by a surge in U.S. bond yields, creating a drag on the market as investors slowed trading ahead of the Thanksgiving holiday. The closing figures revealed a decline of $4.40, marking a 0.22% drop in gold futures, settling at $1,980.30 per ounce. In parallel, silver …
Gold Slips by $4.40 as Bond Yields Surge, Impacting Market Dynamics Read More »
Gold futures experienced a downward trajectory on Friday (Nov. 17), signaling a corrective trend and profit-taking by investors, following a robust surge witnessed in the preceding session. The price of gold futures saw a decline of $2.60, equivalent to 0.13%, ultimately closing at $1,984.70 per ounce by the end of the trading day. Despite this …
Gold Dips $2.60 Amid Profit-Taking and Corrective Trends Read More »
Gold futures surged more than 1% on Thursday (Nov. 16), bolstered by a weakening dollar and a notable drop in US bond yields, amidst growing expectations that the Federal Reserve (Fed) might halt its current trend of interest rate hikes. The price of gold futures escalated by $23, marking a substantial 1.17% increase to reach …
Gold Rises $23 as Bond Yields Decline – Anticipation Builds for Fed’s Rate Adjustment Read More »
Gold futures experienced a dip on Wednesday, November 15th, primarily impacted by the robust performance of the dollar and the escalating yields on US bonds. On the market close, gold futures saw a decline of $2.20, marking a 0.11% decrease and settling at $1,964.30 per ounce. Conversely, silver futures demonstrated resilience by climbing 40.60 cents, …
Dollar Strengthens, Bond Yields Surge, and Gold Closes at a Loss of $2.20 Read More »
Gold futures soared on Tuesday (Nov. 14), propelled by a weakening dollar and a lower-than-anticipated US inflation report. This development has raised investor optimism, anticipating a possible cessation in the Federal Reserve’s ongoing interest rate hike campaign. Gold futures surged by $16.30, marking a notable 0.84% increase, to settle at $1,966.50 per ounce. Complementing this …
Gold futures experienced a positive rally on Monday, November 13, propelled by a weakening dollar, as investors closely monitored the release of the US Consumer Price Index (CPI) to assess inflation trends and gauge potential shifts in the Federal Reserve’s (Fed) interest rate policies. Gold futures saw an increase of $12.50, equivalent to a 0.65% …