Tag: metal stocks

January 19, 2022

Gold prices fell overnight and remain under pressure in Asia-Pacific trading amid rising global bond yields. The benchmark US 10-year note’s yield rose to its highest level since January 09, 2020, as traders priced in an aggressive Fed rate hike […]

October 13, 2021

The price of gold caught a bid overnight, although it appears bulls aren’t too keen to capitalize on further upside. XAU/USD is nearly unchanged for October following last month’s 3.14% drop. Overall, the fundamental outlook remains skewed to the downside […]

August 18, 2021

The FOMC minutes, released later in today’s session, have been seen of late as a potential turning point in US monetary policy with market’s hoping that they may provide some clarity on the central bank’s thinking about when they may […]

May 4, 2020

Gold prices could “break the highs” seen earlier this year, after declining in March along with assets across the board, according to UBS Investment Bank’s Joni Teves. “There is growing potential (for gold) to break $1,800 (per ounce) in my […]

June 27, 2019

Gold futures fell Thursday. heading for back-to-back losses after the haven metal scored a nearly six-year high early in the week. The impending sideline meetings at the Group of 20 conference in Japan between U.S. President Donald Trump and his […]

December 12, 2017

Gold prices wavered again on Tuesday, holding ground at a more than five-month low in cautious trading ahead of the Wednesday Federal Reserve decision on interest rates and hints on the course for policy in 2018. Gold slipped even as […]

March 7, 2017

Gold futures on Tuesday were little-changed in early trade, as the metal threatened to log its longest string of losses since early November. April gold was off $1, or less than 0.1%, at $1,225.50 an ounce, after ending Monday in […]

November 4, 2016

Gold futures edged higher Friday as uncertainty surrounding the U.K.’s exit from the European Union and the upcoming U.S. election raised the metal’s attractiveness as a haven. U.S. data showed a sizable October gain in new jobs, further lifting the […]