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Gold firms as dollar, yields slip; US inflation data looms
Gold prices firmed on Wednesday as the U.S. dollar and Treasury yields retreated, while market participants awaited U.S. inflation data for clues on the Federal Reserve's interest rate strategy. Spot gold gained 0.
Gold Futures Rise Ahead of U.S. CPI Data
Gold futures rise ahead of crucial U.S. economic data. Futures are up 0.8% at $2,702.70 a troy ounce. Investors are positioning themselves ahead of U.S. Consumer Price Index data, which could shed more light on the Federal Reserve’s pathway to monetary policy easing.
Gold Rises Ahead of U.S. Inflation Data
Gold prices were rising in early trade as traders await key U.S. inflation data for more clues abut the path of monetary policy. Futures were up 0.2% to $2,684 a troy ounce, boosted by a softer dollar and concerns over the impact of potential U.
Gold eases as spotlight shifts to US inflation data
Gold prices edged lower on Wednesday as caution prevailed ahead of the U.S. consumer price inflation report that could provide more clarity on the Federal Reserve's interest rate trajectory. Spot gold eased 0.
Gold Falls as U.S. Dollar Index Rises
Gold closed down 1.3%, cutting off a four-session winning streak, amid the extended strength of the U.S. dollar ahead of President-elect Trump’s inauguration next week.
9h
Gold Miners Reaping A Record Cash Harvest
Cash harvesting sounds more like farming than mining but that’s the point reached by goldmining companies after three years ...
8h
Sixty bodies retrieved from closed South African gold mine
South African authorities have pulled at least 60 bodies from the shaft of a closed gold mine more than 2 km (1.2 miles) ...
18h
Gold Star families devastated by Biden's botched Afghanistan withdrawal endorse Hegseth for SecDef
Gold Star families who lost loved ones during the Biden administration's botched withdrawal from Afghanistan endorsed Pete ...
1d
How Menē Gold Jewelry Is Making The Case For Financial Empowerment
Business is booming for Menē, the direct-to-consumer online jeweler selling 24kt gold jewelry by the gram, and clients are ...
21h
Gold edges up on soft inflation print, US CPI in focus
Gold prices extended gains on Tuesday after U.S. inflation data came in slightly weaker than expected, giving investors faint ...
10h
on MSN
Rescuers try to free men trapped in South African gold mine with scores reported dead
The South African government has launched a rescue operation at an abandoned gold mine in the country’s North West province, ...
13h
Gold: This Is Why Gold Ignores Treasury Yields
Gold's unusual behavior since 2022, ignoring rising US Treasury yields, suggests increased attractiveness. Read why I ...
5d
on MSN
Are 1-gram or 1-ounce gold bars better to invest in now?
Both 1-gram and 1-ounce gold bars can be a smart investment, but one may be the better option in today's market.
1d
Clean water and air concerns for protesters as gold mine inquiry opens
Mining firm Dalradian says the Sperrin Mountains site has one of the world's most significant undeveloped gold deposits.
5h
on MSN
Gold inches above $2,700/oz: can prices keep upside momentum?
Gold prices inched above the $2,700 per ounce mark on Wednesday again as traders remained focused on the release of the US ...
1d
on MSN
At least 100 people reportedly dead in illegal South African gold mine as rescues continue
Arguing that the miners had entered the mine without permission, authorities reportedly cracked down by cutting off their ...
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