Dollar rally pushes gold to near two-month low as traders await Fed cues
Gold touches lowest price since Sept. 20 US dollar hits more than four-month peak Gold poised to rise with support at $2,600, analyst says US CPI data due on Wednesday Nov 12 (Reuters) - Gold prices fell to nearly a two-month low on Tuesday in the face of ...
Investor preferences seem to have shifted from gold to equities amid confidence in the President-elect's economic policies.
Gold futures are broadly flat at $2,573.00 a troy ounce, stabilizing after more than a week of losses. Futures are down 4.9% for the week. Gold has been weighed down by a rising U.S. dollar, ...
The price of gold traded at $2,611.72 per troy ounce, as of 9 a.m. ET. That’s down 0.91% from yesterday’s gold price per ...
Rising bond yields, rallying stocks and a surging U.S. dollar all weighed on the price of gold in the wake of former ...
This, along with the FOMC easing expectations, should push real rates lower and benefit the gold price," he added. The ...
Economists are seeing a new U.S. dollar decline factor that could account for gold's recent surge – and they don’t see it ...
Explore how a surging dollar and rising interest rates could threaten gold's recent rally and impact its future performance.
(Reuters) - Gold prices fell to a near two-month low on Tuesday, pressured by a stronger U.S. dollar and growth optimism ...
(Reuters) - Gold prices extended losses on Thursday, nearing a two-month low pressured by a strong U.S. dollar, while ...
The U.S. dollar's sharp 6.5% surge since early October is putting significant pressure on metal prices. However, ...
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