Gold prices retreated as the US dollar index gained 0.3 per cent, bouncing back from a five-week low. This resurgence made gold relatively expensive for holders of other currencies. Spot gold is ...
Gold prices dipped on Monday, pressured by a firmer US dollar, while investors focused on the Federal Reserve's first meeting ...
Of course, safety and the price of gold are just two factors savvy investors take into account when evaluating gold as an ...
After hitting a new peak of ₹80,312 per 10 gm on Friday last week, the precious yellow metal witnessed profit-booking as the ...
Gold bulls could find themselves without much support once the current optimism in the market fizzles out, according to experts.
Traders also seem reluctant to place aggressive bets around the Gold price and opt to wait on the sidelines ahead of the key ...
New investors are also turning to gold after the yellow metal's price soared in 2024 ... Governments that used this system held gold reserves to back their currency, and citizens could exchange ...
A stronger dollar typically weighs on the gold price because the yellow metal is denominated ... prompting some investors to hold back. Some analysts forecast demand for the precious metal to ...
“Whatever he announces will increase debt, leading to a weaker dollar and increased ... be crucial to the outlook for the yellow metal. Gold prices pulled back slightly after the Fed lowered ...
Gold prices fell slightly on Monday on the back of a stronger dollar, which limited demand for the yellow metal. The Federal Reserve’s hawkish tone about interest rate cuts in 2025 also weighed ...