Gold prices on Friday marked their first settlement above $1,900 an ounce since April, finding support from a weekly decline in the U.S. dollar in the wake of data showing a slowdown in U.S. inflation...
Tag: GCG23
Why gold prices may be headed for record highs this year
Gold recently climbed to its highest prices in nearly seven months, feeding expectations that the precious metal is on track to notch record highs this year, after closing out 2022 with a modest loss....
Gold, silver kick off 2023 by advancing to highest levels in months
Gold prices kicked off the first trading session of 2023 on Tuesday by advancing to fresh 6-month highs, bolstered by lower bond yields and expectations about more central-bank buying. Other precious ...
Gold prices near highest levels since June as U.S. dollar weakens
Gold and silver prices were trading slightly higher on Tuesday as the U.S. dollar slipped, while industrial metals like copper suffered even as news of China lifting Covid restrictions to reopen its e...
Gold prices end higher, pare their loss for the week
Gold futures ended higher on Friday after a volatile week that saw prices climb to a nearly six-month high but post a weekly decline, pressured by expectations for higher U.S. interest rates. Price ac...
Gold prices log highest finish in just over a week after U.S. inflation data
Gold prices on Friday marked their highest finish in just over a week, after the U.S. November producer-price inflation came in slightly higher than expected. Price action February gold GC00, -0.07% ...
Dow ends nearly 200 points lower as investors weigh ISM manufacturing and inflation data, await jobs report
U.S. stocks finished a choppy session mostly lower on Thursday after the ISM manufacturing index showed American factory activities contracted to a 30-month low in November. Stocks had opened mostly h...