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 and silver prices rise to three-week and four-week highs respectively, driven by weaker-than-expected U.S. economic data and a decline in the U.S. dollar index.
Gold and silver prices are slightly lower in midday trading due to a correction after this week's gains and a strong rally in the US dollar index, while the busy US data week is highlighted by Friday's employment situation report for August from the Labor Department.
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 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 price remains below the resistance level of $1,950.00 as investors await the US Services PMI data, while cooling labor market conditions increase the likelihood of the Federal Reserve keeping interest rates unchanged for the rest of the year.
Silver and gold prices have slightly declined, with silver down 4% and gold down 0.5%, leading to speculation about the potential for traders to switch back to silver from gold.
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.
Dow Jones futures, as well as S&P 500 futures and Nasdaq futures, dropped after the Federal Reserve meeting, with the stock market retreating and breaking below critical levels due to the Fed's decision to stick with forecasts for one more rate hike this year and hinted that rates would stay higher for longer.
Gold and silver prices are slightly down as U.S. Treasury yields rise, the U.S. dollar index remains high, and traders and investors anticipate a potential U.S. government shutdown.
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.
The latest precious metals report from Heraeus suggests that gold prices will continue to be constrained by the Federal Reserve's higher-for-longer policy, while silver supply is expected to meet the increasing demand from the solar industry.
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 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 and silver prices are falling due to a strong U.S. dollar, rising U.S. Treasury yields, and upbeat risk attitudes, while Asian and European stocks are mixed, and the Bank of Japan is monitoring the depreciation of the yen against the U.S. dollar.
Gold prices decline as US manufacturing sector shows improvement but still contracts for the eleventh consecutive month, with the employment index rising and the prices index falling.
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 and silver prices have remained stagnant for over three years despite high inflation and geopolitical turmoil, leading investors to consider the alternatives, such as holding cash, given the decline in the dollar's purchasing power and the potential for a looming recession and economic reckoning, making other conventional assets like bonds, equities, and real estate appear overvalued.
Gold prices decline as the U.S. Congress reaches a short-term deal to avert a government shutdown, leading traders to regain risk appetite and pushing gold to its lowest level since March.
Gold and silver prices remain near steady as the precious metals bulls struggle to stop the bleeding amidst a strong US dollar and high US Treasury yields, while Asian and European stocks are mixed and US stock indexes are expected to open narrowly mixed following the ouster of the Speaker of the House; traders are also looking ahead to Friday's September employment situation report from the Labor Department.
Precious metals prices have been declining recently due to the higher interest rate projections by the Federal Reserve, but the weakness in gold prices may also be influenced by China's internal market dynamics and its impact on global gold prices.
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.
Gold prices may continue to increase due to the Israel-Hamas conflict, higher oil prices, and higher demand during the festive season, but the upside may be limited by the possibility of continued monetary tightening by the US Federal Reserve.
Gold and silver prices slightly decline after U.S. consumer inflation data comes in higher than expected, but tensions in the Middle East maintain a safe-haven bid for precious metals.
Gold prices fell on Monday after a series of strong gains, as investors shift focus to the potential spillover from the Israel-Hamas war.
Gold and silver prices are weaker in early trading as a result of downside corrections and rising U.S. Treasury yields, while risk aversion and uncertainty in the Middle East and China's economic situation also contribute to the market's bearish sentiment.
Gold and silver prices have been boosted by geopolitical concerns and dovish comments from the Federal Reserve, but the path of least resistance for gold remains sideways to down unless there is a reversal in US Treasury yields.
The number of jobless claims in the US has dropped to its lowest level since late March, indicating strong momentum in the labor market; however, gold prices remain steady due to factors such as geopolitical uncertainty and rising inflation expectations.
Gold prices remain near $2000 per ounce despite rising rate hike expectations and higher Treasury yields, while silver's low prices have led to strong coin sales but the metal remains oversold, according to analysts at Heraeus.
Gold and silver prices are weaker due to corrective and consolidative price pressure, a higher US dollar index, and an uptick in US Treasury yields, while Asian and European stocks show mixed results; US stock indexes are expected to open higher.
The price of gold has been rising due to several economic and geopolitical crises, but factors such as a strong US dollar and rising interest rates may limit its future growth.
Gold and silver prices are weaker after a slightly stronger-than-expected U.S. economic report, which adds to the case for the Federal Reserve to keep raising interest rates.
