Tag Dollar

Gold futures prices fell today under pressure from the appreciation of the dollar, and concerns about the acceleration of interest rate hikes by the U.S. Federal Reserve (Fed) The dollar index rose 0.66% this morning against the six major currencies…

Gold futures closed higher Wednesday (Sept. 7) on a weaker dollar and a drop in U.S. Treasury bond yields. Concerns about a global recession also prompted investors to buy gold as a safe haven. The dollar index against the six…

Gold futures closed lower for the fifth straight day on Thursday (Sept. 1), with markets pressured by a strong dollar and rising bond yields. In addition, the U.S. Federal Reserve (Fed) is expected to raise interest rates at an accelerated…

Gold futures closed higher Tuesday (Aug. 23) as the dollar’s depreciation and sluggish U.S. economic data boosted safe-haven gold buying. The gold futures were up $12.8, or 0.73%, at $1,761.2 an ounce. Silver futures were up 14.8 cents, or 0.78%,…

Gold futures closed lower on Friday, hitting their lowest level in more than three weeks, as rising bond yields and a strong U.S. dollar pressured gold prices. The gold contract fell $8.3, or 0.47%, to $1,762.9 an ounce. This was…

Gold futures fell to a 3-week low on Thursday, closing in negative territory for the fourth day, as the dollar continued to rise and put pressure on the gold market. The gold contract was down $5.5, or 0.31%, at $1,771.20…

Gold futures fell to a two-week low on Wednesday (Aug. 17) as dollar strength and a rise in U.S. Treasury bonds pressured the market. The gold contract was down $13, or 0.73%, at $1,776.70 an ounce. This is the lowest…

Gold futures closed higher on Wednesday (Aug. 10) after the U.S. released lower-than-expected inflation figures. This helped to reduce investors’ concerns about a high interest rate hike by the Federal Reserve (Fed). The gold contract was up $1.4, or 0.08%,…