Gold prices in Asia rose after the recent decline in bond markets, as lower yields boosted demand for the precious metal, while investors await more information on the US Federal Reserve's policy stance at the Jackson Hole symposium this week.
Gold and silver prices rise as the weaker U.S. dollar index and dip in U.S. Treasury yields attract futures traders and bargain hunters, while anxieties build over upcoming speeches from the Fed and ECB on future monetary policy direction and the potential shift in the Fed's inflation goal.
Gold prices are slightly up and silver prices have hit a three-week high due to short covering and bargain hunting, with silver seeing significant improvement in its technical posture.
Gold has found support at the 50-Week EMA, suggesting consolidation and a potential target of $2000, but breaking below $1900 could have negative implications for the gold market; the bond markets and interest rates should be monitored to determine gold's future direction, and caution is advised due to the end of summer and the absence of major players in the market.
Gold price is aiming to sustain above $1,920.00 as pressure builds on the US Dollar and Treasury yields, with the upcoming labor market data playing a crucial role in guiding the Federal Reserve's policy action.
Renewed physical demand from emerging markets, such as India and China, could reignite the gold market's bullish uptrend and drive prices higher towards $2,000 an ounce before the end of the year, according to market strategist George Milling-Stanley.
Gold reaches its highest point in nearly a month due to weak U.S. economic readings, suggesting that the Federal Reserve may halt its interest rate hikes.
Gold prices could receive a boost from key technical indicators, U.S.-China tensions, and weaker economic data, despite some challenges, according to Arslan Butt, Lead Commodities and Indices Analyst at FX Leaders.
Gold and silver prices are higher and hit daily highs in early U.S. trading on the back of a dovish U.S. economic report and expectations of no further interest rate hikes from the Federal Reserve.
Gold prices are holding steady gains near session highs as the U.S. labor market showed stability with higher nonfarm payrolls but also a rise in the unemployment rate.
Gold prices rose slightly last week while silver remained mostly unchanged, but both metals are expected to potentially move together in an upward direction next week due to a dovish outlook on interest rates and potential repricing of the Federal Reserve's monetary policy.
Gold prices decline slightly as the dollar remains strong, with investors awaiting further signals on the U.S. Federal Reserve's monetary policy after an expected interest rate pause this month.
Gold prices slipped to a one-week low due to rising bond yields and a stronger U.S. dollar, as investors sought a hedge against global economic growth concerns.
Gold prices fell around 1% after Labor Day, with retail investors expecting further declines next week, while market analysts remain bearish, citing the strength of the U.S. dollar as a key factor influencing gold's performance.
Gold gained as the dollar weakened against the yuan due to positive China economic data, although the possibility of further U.S. interest rate hikes kept investors cautious.
The gold market is testing resistance around $1,950 an ounce as U.S. sentiment sours and inflation pressures ease.
Gold prices rose as the dollar weakened and investors awaited central bank policy meetings, with the Fed expected to pause on interest rate hikes.
Gold and silver prices rise as silver hits a two-week high, while the United Auto Workers strike in the US and concerns about the weakening Japanese yen impact trader and investor risk appetite.
Gold and silver prices are down due to bearish outside market influences, including rising U.S. Treasury yields, a strengthening U.S. dollar, and lower crude oil prices, while the metals market bulls are also facing resistance from the Federal Reserve; however, safe-haven buying may increase if worrisome elements escalate.
Despite a decline in consumer optimism in September, the gold market is seeing little demand as a safe-haven asset, with prices trading near session lows as the US dollar and bond yields remain elevated.
The market for gold in China is surging as investors turn to the precious metal for safety amid economic stress, with the price of gold in Shanghai reaching a premium of 6% higher than in London or New York.
The gold market remains near a six-month low as it tests support above $1,900 an ounce, but is not experiencing major selling pressure despite strong US manufacturing data, with December gold futures currently trading at $1,909.60 an ounce.
The strength of the US dollar and rising bond yields are causing gold prices to fall to their lowest level since March, with some analysts predicting that the bearish momentum could push prices down further to their 2023 lows at $1,810 in the spot market.
Gold prices stabilize near a six-month low as the dollar remains strong and investors await U.S. economic data for insight into the Federal Reserve's interest rate plans.
Gold and silver prices are slightly higher in early US trading as short covering and a weaker US dollar support the metals; however, concerns over the US government shutdown and changing perceptions about interest rates continue to impact investor sentiment.
Gold prices experienced a significant decline this week due to seasonal factors and options contracts expiring, but analysts expect a rebound in the near term as retail investors remain divided and market dynamics shift with the start of the fourth quarter.
Gold futures experienced their second largest monthly decline of the year in September, losing $99.80 or 5.08%, which can be attributed to the Federal Reserve's monetary policy and their delayed reaction to rising inflation.
Gold prices have reached their lowest settlement since March, moving away from record-high levels and heading towards a "death cross," due to surging Treasury yields and a stronger dollar.
Gold prices are holding near their lowest levels since March due to the Federal Reserve's monetary policy, but ING remains optimistic that prices can rally above $2,000 an ounce next year and higher through 2025.
Gold prices are slightly lower after the US employment report for September shows stronger-than-expected non-farm payrolls gains, indicating that the Federal Reserve will likely maintain its hawkish stance on monetary policy.
Gold prices have experienced a nine-day losing streak, but some analysts believe the market may be nearing a bottom, with the precious metal showing modest gains at the end of the week.
The gold market holds solid gains despite potential challenges from persistently elevated inflation and the possibility of an interest rate hike by the Federal Reserve.
Gold and silver prices are higher on steady safe-haven demand and anticipation of a less-hawkish Federal Reserve, while tensions in the Middle East support a floor under prices.
Gold surged by over 2% and is on track for its strongest weekly performance in seven months, driven by safe-haven demand due to Middle East tensions and speculation that U.S. interest rates have reached their peak.
Gold prices surged over 3% and were on track for their best week in seven months due to escalating Middle East tensions and expectations of the US interest rates peaking, with investors seeking safe-haven assets.
