New York Mercantile Exchange (COMEX) Gold jumped 1 percent to a six-week high on Wednesday, after the United States Federal Reserve said it would start to wind down its massive holdings of bonds "relatively soon, pushing the dollar lower.
New York Mercantile Exchange (COMEX) Gold prices rose for the third day in a row on Wednesday, after remarks by Federal Reserve Chairwoman Janet Yellen signaled a cautious approach to further monetary tightening.
New York Mercantile Exchange (COMEX) Gold steadied on Wednesday, after Federal Reserve minutes showed a growing split among policymakers on the inflation outlook and the dollar pared gains, lifting the precious metal above an eight-week low reached earlier in the session.
New York Mercantile Exchange (COMEX) Gold eased on Thursday, surrendering early gains as signs this week that central banks might scale back their ultra-loose monetary policy pushed bond yields higher, though a decline in the dollar to its lows for the year lent support.
New York Mercantile Exchange (COMEX) Gold prices sank to the lowest level in around three weeks in North American trading on Thursday, adding to overnight losses following the release of upbeat U.S. economic data and as investors continued to digest the Federal Reserve's hawkish message.
New York Mercantile Exchange (COMEX)--Gold drifted on Thursday as investors stayed on the sidelines waiting for the outcome of the European Central Bank (ECB) meeting, Britain's national election and testimony from the former United States FBI director James Comey.
New York Mercantile Exchange (COMEX) Gold prices rose on Wednesday as the dollar dipped and simmering geopolitical tensions lent support, though the metal was little changed for the month amid an increased chance of a United States interest rate rise next month.
New York Mercantile Exchange (COMEX) Gold prices were higher in North American trade on Thursday, touching the strongest level in around two weeks as investors feeling increasingly nervous over the future of Donald Trump's United States presidency sought safe havens for their money.
New York Mercantile Exchange (COMEX) The world's biggest gold Exchange Traded Funds (ETF), the Standard & Poor's Depositary Receipt (SPDR) Gold Trust (GLD) inched higher Thursday, along with gold prices, bouncing off the eight-week lows posted earlier this week.
New York Mercantile Exchange (COMEX) Gold pared gains on Friday after data showed United States job growth rebounded in April and stayed on track for its biggest weekly loss in six months as expectations for a United States interest rate hike in June grew and euro zone political risk receded.
New York Mercantile Exchange (COMEX) Gold prices traded slightly below breakeven on Wednesday, weighed by a shift in sentiment towards riskier assets, as investors digested bullish comments from United States Treasury Secretary Steven Munching and awaited a tax reform update from the Trump administration.
At this point it does not appear that we will see any huge moves for metals. Gold held up better than silver on the late break Friday and yesterday and copper has reverted back into a trading range albeit at higher price levels.
New York Mercantile Exchange (COMEX) Gold prices traded modestly lower on Wednesday, weighed by a rise in the dollar, which continued to recover from multi-month lows, after the release of upbeat economic data.
New York Mercantile Exchange (COMEX) Gold rallied more than 1.5 percent to a one-week high on Wednesday, as the United States Federal Reserve called for gradual monetary tightening after raising interest rates by an expected 25 basis points for the second time in three months.
New York Mercantile Exchange (COMEX) Gold futures extended losses into an eighth consecutive session Thursday, sending the precious metal to the lowest level since the start of February amid growing expectations among traders that the Federal Reserve will raise interest rates at its March policy meeting next week.
New York Mercantile Exchange (COMEX) Gold prices extended losses from the prior session during North American morning hours on Thursday, falling to a one-week low as the dollar surged amid indications the Federal Reserve is preparing to raise interest rates later this month.
New York Mercantile Exchange (COMEX) Gold rose on Thursday as the dollar weakened after a 10-day winning streak and investors took the opportunity to buy bullion as a hedge against political uncertainty in the United States and Europe.
New York Mercantile Exchange (COMEX) Gold held near 3-month highs on Thursday as political risks from elections in Europe and worries over United States President Donald Trump's policies buoyed safe haven demand for the bullion.
New York Mercantile Exchange (COMEX) Gold gave up some of its losses on Wednesday as the dollar pared gains after the United States Federal Reserve held interest rates unchanged at its first meeting since President Donald Trump's inauguration.
Our recent analysis bases on a previous report of the potential for a further run in the US markets based on a number of technical and fundamental factors leads to the question of “what could happen with Gold and Silver”.
New York Mercantile Exchange (COMEX) Gold prices fell to a 1-1/2-week low on Wednesday as renewed hopes that United States President Donald Trump will unleash growth-friendly spending policies boosted shares and eroded bullion's safe haven attraction.