Gold prices experienced a decrease on Monday as investors awaited crucial U.S. inflation data, which could offer insights into the timing of the Federal Reserve’s initial rate adjustment. By 1204 GMT, spot gold had declined by 0.7% to $2,344.53 per ounce, following its recent peak on Friday, the highest since […]
spot gold rate today
Gold prices declined on Tuesday as the U.S. dollar strengthened, with investors anticipating additional remarks from Federal Reserve officials to gain insight into the potential timing of interest rate adjustments. Spot gold decreased by 0.5% to $2,312.29 per ounce by 1218 GMT, while U.S. gold futures also fell by 0.5% […]
Gold prices surged by over 1%, buoyed by a weakening U.S. dollar following subdued U.S. jobs data, on Monday. This prompted speculation of potential interest rate cuts by the Federal Reserve in the coming months. Spot gold experienced a rise of 0.8%, reaching $2,320.95 per ounce by 1503 GMT. Additionally, […]
Despite weaker-than-anticipated U.S. jobs data, gold plummeted to its lowest point in a month on Friday, continuing a correction phase following last month’s impressive surge. Investors opted to cash in profits amidst easing geopolitical tensions. As of 1521 GMT, spot gold witnessed a 0.4% decline, settling at $2,294.30 per ounce, […]