Monday, December 26, 2022

Gold price weighs incoming data and hawkish Fed comments as 2023 quickly approaches

Gold price weighs incoming data and hawkish Fed comments as 2023 quickly approaches: Gold price weighs incoming data and hawkish Fed comments as 2023 quickly approaches With just one week to go until 2023, gold is down just over 1% year-to-date after a very volatile year that saw the ...

Monday, August 29, 2022

Gold price tumbles after Powell, $1,600 a riskbuyers step in to buy the dip, according to analysts.

Gold price tumbles after Powell, $1,600 a riskbuyers step in to buy the dip, according to analysts.: Gold price tumbles after Powell, $1,600 a riskbuyers step in to buy the dip, according to analysts. Gold is ending the week down 0.8%, with December Comex gold futures last trading at $1,748, down 1.3...

Wednesday, May 18, 2022

Gold, silver up, but gains fade after upbeat U.S. economic data

Gold, silver up, but gains fade after upbeat U.S. economic data: Gold, silver up, but gains fade after upbeat U.S. economic data Gold and silver prices are just modestly higher in midday U.S. trading Tuesday and lost solid early gains after some stronger-than-expec...

Sunday, February 6, 2022

Gold price holds $1,800, but can Fed's 50-point hike trigger selloff?

Gold price holds $1,800, but can Fed's 50-point hike trigger selloff?: Gold price holds $1,800, but can Fed's 50-point hike trigger selloff? The gold market is stuck at its all too familiar $1,800 an ounce level as markets start to price in the potential of a 50 basis po...