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Gold set for biggest weekly fall in 3 years as Fed rate-cut bets ease
Gold prices on Friday were on track for their biggest weekly decline in over three years as expectations of less aggressive interest rate cuts by the U.S. Federal Reserve lifted the dollar, denting allure for bullion among investors.
Gold set for biggest weekly fall in 3 years
Gold prices on Friday were on track for their biggest weekly decline in over three years as expectations of less aggressive interest rate cuts by the US
Gold Prices Today: Yellow metal set for biggest weekly drop in 3 years after Powell urges caution on rate cuts
Spot gold rose 0.2% to $2,571.99 per ounce as of 10:00 a.m. ET (1500 GMT). Prices have fallen more than 4% so far this week, touching their lowest since Sept. 12 on Thursday.
Gold faces worst week in more than 3 years on bets of slower Fed easing
Gold traded little changed on Friday, but was set for its worst week in more than three years, hurt by a stronger U.S. dollar amid expectations of fewer Federal Reserve rate cuts. Spot gold rose 0.1% to $2,
Gold Records Worst Week In Over Three Years Amid Strong Dollar And Rate Cut Bets
Gold prices experienced their sharpest weekly decline in over three years, with the metal trading near a two-month low. Gold's spot price dropped 4.5% for the week in the United States as traders reassessed monetary policy expectations on the back of economic data and the US Fed Chair's comments on economic outlook.
Gold poised for worst week in 3 years as US dollar rallies
Gold prices steadied near the previous session's two-month lows on Friday and were poised for their worst weekly performance in over three years as a rallying U.S. dollar and expectations of less aggressive interest rate cuts by the Federal Reserve pressured the precious metal.
InvestmentNews
1d
Gold hovers around two-month low after Fed comments
Gold traded near a two-month low, as traders wind back expectations for a Federal Reserve interest-rate cut next month after ...
Numismatic News
2d
Gold Spot Prices May Affect Coin Collectors
As spot prices rise and fall, collectors face a new landscape where common coins approach intrinsic value.
Reuters on MSN
8d
Gold logs biggest weekly fall in over five months on dollar strength
Although
bullion
is reputed as a hedge against inflation, higher interest rates reduce non-yielding
gold
's appeal.
4d
Dollar rally pushes gold to near two-month low as traders await Fed cues
Markets are watching a heavy slate of U.S. economic data this week, including the release of the consumer price index for ...
Coin World
7d
Mint adjusts bullion pricing spreadsheet for products
The pricing grid changes were announced Oct. 28 online in the Federal Register (at The retail price for the gold dollar is ...
eVnExpress on MSN
1d
Vietnam gold ring price increases as global bullion rates edge higher
Vietnam gold ring price rose by 0.12% to VND81.8 million (US$3,222.06) per tael Friday morning while global bullion values ...
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