News
Gold hits two-month low as US-Iran tension stokes inflation fears
2+ day, 7+ hour ago (343+ words) BENGALURU (May 28): Gold prices fell to a two-month low on Thursday as fresh US attacks on Iran boosted the dollar and pushed oil prices higher, stoking concerns about rising inflation and clouding the interest rate outlook. Spot gold was down…...
Gold'gains for third day on US-Iran peace deal optimism
3+ week, 2+ day ago (335+ words) BENGALURU (May 7): Gold'prices rose for a third consecutive session on Thursday, supported by a softer dollar as hopes of a US-Iran deal eased concerns over inflation and prolonged high interest rates. Spot'gold was up 0. 4% at US$4, 707. 52 per ounce'as of 0615 GMT,…...
Gold jumps on weaker dollar, Middle East peace hopes
3+ week, 3+ day ago (293+ words) BENGALURU (May 6): Gold prices rose more than 1% on Wednesday, buoyed by a weaker dollar, while lower oil prices eased inflation fears on hopes of a peace deal between the US and Iran. Spot gold'was up 1. 3% at US$4, 617. 19 per ounce, as…...
Silver and platinum plunge to extend big spike in volatility
4+ mon, 3+ week ago (658+ words) (Jan 7): Silver and platinum plunged, extending a recent run of exceptional volatility, as traders assessed sales from index re-weightings, market tightness and potential US tariffs. Gold also declined. Spot platinum slid as much as 7. 7% and silver tumbled as much as…...