The Magazine for Asian Investors
Gold futures closed lower Thursday (Sept. 29) as rising U.S. Treasury yields pressured gold markets. The yield on 2-year Treasury bonds, which responds to the Federal Reserve’s monetary policy, rose above 4.2%. This makes gold less attractive because gold does…
Gold futures rose more than $30 on Wednesday (Sept. 28), helped by the dollar’s depreciation and a drop in U.S. Treasury bond yields. The dollar index fell 1.31% against the six major currencies in the currency basket to 112.6080, while…
Gold futures closed higher on Tuesday (Sept. 27), supported by a slight dollar appreciation. Investors remain concerned about the Federal Reserve (Fed) rate hike. The dollar index against the six major currencies in a basket of currencies rose only 0.0009%,…
Gold futures fell to their lowest level in more than two years on Monday (Sept. 26) as dollar strength and rising U.S. bond yields weighed on markets. The U.S. Federal Reserve (Fed) continues to raise interest rates in an effort…
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 at their lowest level in more than 2 years on Friday (Sept. 23), pressured by the dollar’s appreciation against other currencies and the rise in short-term Treasury yields amid forecasts that the Federal Reserve (Fed) will continue…
Gold futures closed higher for a second straight day Thursday (Sept. 22) as investors continued to buy gold as a safe haven amid concerns over the crisis in Ukraine. Russian President Vladimir Putin announced a mobilization of troops to escalate…
Gold futures closed higher on Wednesday (Sept. 21), driven by investors buying gold as a safe haven after Russian President Vladimir Putin announced a mobilization of troops to escalate the war with Ukraine. Russian President Vladimir Putin yesterday announced the…
Gold futures closed in the red on Tuesday (September 20) as the strength of the dollar pressured the markets. Investors are paying attention to the results of today’s Federal Reserve (Fed) meeting, as the Fed is expected to raise interest…
Gold futures closed lower on Monday (Sept. 19) as markets were pressured by rising U.S. Treasury bond yields and concerns about a Federal Reserve (Fed) rate hike. The yield on the two-year U.S. Treasury bond, which responds to the Fed’s…
