Wednesday, December 13, 2023

Gold up, but loses altitude as FOMC meets

Gold up, but loses altitude as FOMC meets: Gold up, but loses altitude as FOMC meets Gold prices are modestly higher and silver around steady near midday Tuesday. Both metals modestly extended overnight gains and hit session highs following a ...

Friday, September 8, 2023

Gold prices under pressure as U.S. weekly jobless claims fall more than expected by 13K

Gold prices under pressure as U.S. weekly jobless claims fall more than expected by 13K: Gold prices under pressure as U.S. weekly jobless claims fall more than expected by 13K The gold market is seeing some renewed selling pressure as the U.S. labor market remains fairly robust with the ...

Monday, May 29, 2023

U.S. economic data hammers gold price as markets gear up for a rate hike in June

U.S. economic data hammers gold price as markets gear up for a rate hike in June: U.S. economic data hammers gold price as markets gear up for a rate hike in June The gold market got battered by upbeat economic data and stubbornly high inflation. As gold posted its third weekly los...