News
Gold Falls to 11-week Low as Oil Rises on Fresh US-Iran Hostilities
6+ hour, 31+ min ago (1682+ words) Gold fell to an 11-week low on Wednesday, as oil prices rose on renewed hostilities between the US and Iran, fueling concerns about inflation and interest rate hikes. Spot gold was down 1. 7% at $4, 191. 84 per ounce by 0747 GMT, after hitting its…...
Gold Eases as Middle East Tensions Lift Oil, US Economic Data in Focus
1+ week, 7+ hour ago (1014+ words) Gold prices slipped on Wednesday, as renewed hostilities in the Middle East pushed crude higher and stalled US-Iran talks, while investors awaited upcoming U. S. economic data. Spot gold fell 0. 5% to $4, 460. 36 per ounce by 0702 GMT, after rising more than 1% in the previous…...
Gold Falls as Fading Middle East Peace Hopes Lift Dollar, Oil
4+ week, 1+ day ago (1717+ words) Gold fell from a three-week high on Tuesday, as slim hopes of a US-Iran peace deal drove the dollar and oil prices higher, clouding the US interest rate outlook ahead of key inflation data. Spot gold fell 0. 8% to $4, 696. 07 per ounce…...
Gold Gains for 3rd Day on US-Iran Peace Deal Optimism
1+ mon, 3+ day ago (1319+ words) 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 1% at $4, 738. 86 per ounce, as of 0728 GMT,…...
Gold Jumps 2% on Weaker Dollar, Middle East Peace Hopes
1+ mon, 4+ day ago (1309+ words) Gold prices rose 2% on Wednesday, buoyed by a weaker dollar, while softer oil prices eased fears of inflation and higher-for-longer interest rates, amid hopes of a US-Iran peace deal. Spot gold was up 2% at $4, 647. 09 per ounce, as of 0415 GMT. US…...
Gold Eases as Inflation Jitters, Iran War Cloud US Rate Outlook
1+ mon, 6+ day ago (1092+ words) Gold prices nudged lower in thin trade on Monday, weighed down by inflation worries that clouded the US monetary policy outlook, while markets awaited developments in US-Iran peace negotiations. Spot gold was down 0. 5% at $4, 588. 71 per ounce, as of 0655 GMT. US…...