Tag: precious metals
Gold Holds Steady as Weak Dollar Sets Stage for Fed Meeting
Gold prices moved within a tight range on Monday as the U.S. dollar hovered near a five-week low. The currency’s weakness reflected firm expectations...
Gold Slips as Traders Focus on Fed Cut and PCE Data
Gold prices slipped in Asian trading on Thursday. The decline came as some traders took profits, even though confidence grew that the Federal Reserve...
Gold Slips as U.S. Yields Climb; Markets Look Ahead to Fed...
Gold prices eased in Asian trading on Tuesday as a rebound in U.S. Treasury yields pressured the metal. Investors also stayed cautious ahead of...
Gold Steadies Near 6-Week High as Dollar Weakens, Fed Cut Eyed
Gold prices held close to a six-week high on Monday, supported by a weaker U.S. dollar and growing expectations that the Federal Reserve may...
UBS Says ‘Go Long on Silver’ and Upgrades Outlook
UBS has raised its silver price forecasts, arguing that the metal is consolidating before “the next leg up.”
Dominic Schnider, strategist at UBS Switzerland, said...
Gold Surges Again as Rate-Cut Hopes Explode
Gold prices moved higher in Asian trading on Friday and remained on track for a fourth straight month of gains. The rise was driven...
Gold Pulls Back After Explosive Rally on Rate-Cut Hopes
Gold prices slipped slightly in Asian trading on Thursday, easing after a strong run earlier in the week. The market remained supported by growing...
Gold Climbs as Soft U.S. Data Boosts December Rate-Cut Expectations
Gold prices rose during Asian trading on Wednesday, supported by a weaker U.S. dollar as a series of softer American economic indicators strengthened expectations...
Gold Rallies as Markets Bet on a December Rate Cut
Gold prices moved higher in Asian trading on Tuesday, building on strong gains from the previous session. Traders increased their expectations that the U.S....
Gold Holds Firm as Key Data Sets Up Fed Cut Expectations
Gold prices held steady on Monday as traders looked ahead to a heavy flow of U.S. economic data expected this week. Market sentiment remained...
