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 maintained a positive weekly trend despite a dip influenced by Jerome Powell's remarks, with potential for further growth and a projected target of around $1981 based on market analysis.
Gold and silver prices are slightly up in quieter early U.S. trading, with traders and investors anticipating a more active market next week following the Labor Day weekend holiday.
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 and silver prices are higher in response to weaker-than-expected U.S. economic data, contributing to gold reaching a three-week high, while China's measures to stimulate its economy and positive sentiment in international stock markets also influence the market.
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 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 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 and silver prices are lower due to technical selling and a lack of fresh fundamental news, while rising crude oil prices have potential economic and marketplace effects.
Gold prices rose on Monday, reaching their highest level in nearly two weeks, as the dollar weakened ahead of the U.S. inflation data, which could impact the Federal Reserve's interest rate decision.
Gold and silver prices are higher as both markets rebound from multi-week lows, while stocks in Asia and Europe rise and U.S. stock indexes are expected to open mixed; China's economic data shows signs of a fragile economic recovery and the U.S. dollar weakens.
The gold market is testing resistance around $1,950 an ounce as U.S. sentiment sours and inflation pressures ease.
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.