A significant downturn in commodity prices could give the Federal Reserve cover to change its aggressive pace of planned interest rate hikes, according to a report from Capital Economics. The centra...
Tag: Gold Aug 2022
Gold prices settle at their lowest level of the year as the dollar index climbs toward a 20-year high
Gold on Tuesday fell below the key $1,800-an-ounce level to settle at its lowest price so far this year, while silver futures ended at a two-year low, on back of a rise in the U.S. dollar index toward...
Gold falls for the week after a dip below $1,800, as silver settles its lowest price in 2 years
Gold futures on Friday briefly dipped below the key $1,800-an-ounce level — posting a loss for the week, while silver prices dropped to their lowest finish since July 2020. The weakness in precious me...
Gold prices down a second week as recession fears drive copper to biggest weekly loss in a year
Gold and silver prices edged up for the session on Friday, but end lower for a second straight week, as copper posted its biggest weekly percentage loss in a year. What are prices doing? August gold ...