Tag Fed

three gold bars against dark background

Gold closes with a minus of $4.1 – Fed meeting in focus

Gold futures closed lower on Monday (Oct. 31) as markets were pressured by a strong dollar and a rise in U.S. Treasury bond yields. Investors are waiting for the Federal Reserve (Fed) monetary policy meeting on November 1-2. The dollar…

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Gold closed higher on the back of a weakening Dollar

Gold futures rose to near two-week highs on Wednesday (Oct. 25), helped by a weaker dollar and a drop in U.S. Treasury yields. The dollar index against the six major currencies in a basket of currencies fell 1.13% to 109.7010,…

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Gold closed $2.6 higher as dollar weakens slightly

Gold futures closed higher on Thursday (Oct. 20), supported by the dollar’s depreciation. The dollar index against the six major currencies of a basket of currencies fell 0.1% to 112.8700. The weakening of the dollar has made gold contracts denominated…

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Gold closes down $8.2 as dollar strengthens

Gold futures closed lower on Tuesday (Oct. 18) as markets were pressured by the dollar’s appreciation and concerns about a Federal Reserve (Fed) rate hike. Gold contracts were pressured by the strength of the dollar. The dollar index against the…

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