Gold

Gold Steadies

Gold Steadies Ahead of Fed Minutes, Copper Slammed By China Fears

January 4, 2023

Gold prices hovered around six-month highs on Wednesday, cutting short a recent rally as traders bought back into the dollar in anticipation of more cues on monetary policy from the minutes of the Federal Reserve’s December meeting. The yellow metal marked a strong start to the new year as concerns over a looming recession and […]

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Gold Slumps

Gold Slumps Below $1,800 as Fed Fears Resurfacea

December 6, 2022

Gold prices sank below key levels on Tuesday, with metal markets back under pressure as stronger-than-expected U.S. data boosted the dollar and ramped up uncertainty over strength in the U.S. economy and how the Federal Reserve will respond to it. The dollar rose for the first session in four on Monday, recovering from a five-month […]

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GOLD STEADY

Gold steady, Copper Rises Amid Smaller Rate Hike Expectations

November 23, 2022

Gold prices steadied on Wednesday, while copper extended strong gains as risk-driven assets rallied on expectations that the Federal Reserve will hike interest rates at a slower pace in the near-term, which also trimmed dollar gains. A growing number of Fed officials said in recent weeks that the central bank is likely to raise interest […]

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GOLD COPER

Gold, Copper Slip as Powell Dashes Fed Pivot Hopes

November 3, 2022

Gold prices fell on Thursday, reversing recent gains as hawkish comments from Federal Reserve Chairman Jerome Powell dashed hopes that interest rate hikes will end soon, while copper prices were also hit by uncertainty over China withdrawing its zero-COVID policy The Fed hiked interest rates by an as-expected 75 basis points (bps), and said that […]

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Gold Buoyant Before

Gold Buoyant Before The Fed, Copper Rallies on China COVID Hopes

November 2, 2022

Gold prices held recent gains on Wednesday as the dollar steadied before the conclusion of a Federal Reserve meeting, while copper prices were lifted by speculation over China potentially relaxing its strict zero-COVID policy Spot gold steadied around $1,648.23 an ounce, while gold futures rose 0.1% to $1,650.80 an ounce. Both instruments jumped from a […]

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Financial News

Gold Prices Creep Higher as USD Retreats, Hawkish Fed Caps Gains

October 19, 2022

Gold prices rose slightly on Wednesday, extending mild gains into a third session as pressure from the dollar abated, although hawkish signals from Federal Reserve officials prevented further gains Spot gold rose 0.1% to $1,653.49 an ounce, while gold futures rose 0.2% to $1,658.90 an ounce by 19:20 ET (23:20 GMT). Both instruments spent a […]

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Financial News

GOLD SET FOR WEEKLY LOSS ON FED JITTERS; INDUSTRIAL METALS GAIN

October 14, 2022

Gold prices fell on Friday and were set to close the week lower amid fears of more interest rate hikes by the Federal Reserve, while signs of tightening supply helped copper and aluminum prices weather a worsening economic outlook Bullion prices sank well below $1,650 on Thursday – a key support level – after U.S. […]

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Financial News

Gold Steadies Despite Rate Hike Headwinds, Set For Flat Week

September 23, 2022

Gold prices steadied on Friday, and were set to end the week largely unchanged as selling pressure from a hawkish Federal Reserve appeared to have eased. Bullion prices showed surprising resilience this week after the Fed hiked rates and struck a more hawkish tone than many were expecting, with U.S. interest rates now set to […]

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Gold prices drop by Rs 307 to Rs 47,276 per 10 gm ahead of FOMC minutes; silver falls by Rs 595

Gold prices drop by Rs 307 to Rs 47,276 per 10 gm ahead of FOMC minutes; silver falls by Rs 595

August 19, 2021

By Administrator_India Capital Sands Gold prices declined by Rs 307 to Rs 47,276 per 10 gram in the Mumbai retail market on the firm rupee and muted global cues. The yellow metal traded in a narrow range as investors await FOMC meeting minutes later in the day. The price of 10 gram, 22-carat gold in […]

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Gold prices drop by Rs 307 to Rs 47,276 per 10 gm ahead of FOMC minutes; silver falls by Rs 595

Gold Up, But Set to Wrap Up Worst Week in Two Months

February 5, 2021

By Administrator_India Capital Sands Gold was up on Friday morning in Asia, rallying from its lowest level in more than two months, but was still on course to post its worst week in around two months thanks to a strengthening dollar. Gold futures were up 0.25% at $1,795.75 by 10:41 M ET (3:41 AM GMT), falling […]

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