Tag: gold price
Gold slips 1% as solid jobs data spurs rate hike bets
Spot gold fell 1% to $1,848.67 per ounce by 1759 GMT, after earlier falling to $1,846.4. U.S. gold futures settled down 1.1% at $1,850.2. Data...
Gold Down, Supported by Lower U.S. Yields but Pressured by Strengthening Dollar
Gold was down on Thursday morning in Asia, with the yellow metal caught between support from slightly lower U.S. Treasury yields and pressure from...
Gold Down Over The Strengthening U.S. Dollar
Gold was down on Wednesday morning in Asia, over rising U.S. Treasury yields and a strengthening U.S. dollar. Gold prices fell about 1% during the...
Global equities fall despite positive U.S. economic data, dollar rises
NEW YORK (Reuters) -Global equities fell and the U.S. dollar advanced on Wednesday after stronger-than-expected economic data was unable to assuage investor concerns of...
Gold prices slip as Fed affirms aggressive policy stance
Gold prices slipped on Thursday as the U.S. Federal Reserve's aggressive monetary policy tightening plan dimmed the metal's appeal, with additional pressure from a...
5 reasons why Bitcoin could be a better long-term investment than gold
The emergence of forty-year high inflation readings and the increasingly dire-looking global economy has prompted many financial analysts to recommend investing in gold to...