Gold poised for worst week in 3 years as US dollar rallies
Gold prices steadied near the previous session's two-month lows on Friday and were poised for their worst weekly performance in over three years as a rallying U.S. dollar and expectations of less aggressive interest rate cuts by the Federal Reserve pressured the precious metal.
Gold slumps to 2-month low as dollar marches on; Fed signals in focus
Gold fell for a fifth straight session on Thursday to hit its lowest level in eight weeks, pressured by a stronger U.S. dollar and rising Treasury yields amid uncertainty over the pace of the Federal Reserve's interest rate cuts.
Markets are dismissing gold as a hedge against inflation, despite Trump's policies potentially raising US inflation.
Gold futures fall for the fifth consecutive session. Futures are down 1.1% to $2,559.20 a troy ounce, and fall 5.4% on week.
Finally, by investing in gold as a beginner — when just starting your portfolio, you have more time to enjoy its benefits. As ...
Gold touches lowest price since Sept. 20 US dollar hits more than four-month peak Gold poised to rise with support at ...
Explore how a surging dollar and rising interest rates could threaten gold's recent rally and impact its future performance.
Economists are seeing a new U.S. dollar decline factor that could account for gold's recent surge – and they don’t see it ...
Gold's price movements often signal where investors think inflation is heading, even before official numbers come out.
(Reuters) - Gold prices extended losses on Thursday, nearing a two-month low pressured by a strong U.S. dollar, while ...
Gold's skid occurred alongside the dollar's biggest weekly gain in more than a month while U.S. bond yields jumped after Fed ...
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