Tag: Metals Stocks

August 31, 2020

Gold futures traded around break-even levels on Monday as the U.S. dollar weakened slightly heading into the last trading session in August. Bullion continues to be viewed as a haven in the face of the COVID-19 pandemic, and the precious […]

August 27, 2020

Gold futures moved lower Thursday in volatile trading that saw prices move in either direction by as much as 2%. Federal Reserve Chairman Jerome Powell announced changes to the central bank’s policy framework in a speech at the Jackson Hole […]

August 19, 2020

Gold prices fell on Wednesday as the U.S. dollar halted its skid and as commodity investors watch for minutes from the Federal Reserve’s July policy meeting, which could provide further insights on the central banker’s outlook for the U.S. and […]

July 16, 2020

Gold futures headed lower on Thursday as commodity investors assessed the landscape for the global economy and markets amid rising U.S. coronavirus cases, while the European Central Bank, as expected, kept both its key rate and asset-buying program unchanged. Bullion […]

July 10, 2020

Gold futures turned lower on Friday, but held ground above $1,800 an ounce, on track to score a fifth weekly gain in a row as the spread of coronavirus in many U.S. states and other countries raised the need to […]

July 8, 2020

Gold futures climbed on Wednesday, building on their highest settlement since September 2011 a day earlier and supported by the prospect of a lengthy period of government and central bank stimulus to support economies harmed by the COVID-19 pandemic. The […]

June 4, 2020

Gold futures rose on Thursday, with prices getting a boost from some weakness in the U.S. stock market and the dollar, as investors digested policy actions by the European Central Bank. The ECB, as expected, boosted the size of its […]

April 16, 2020

Gold futures gave up earlier gains to turn lower on Thursday, pressured as the U.S. dollar strengthened in the wake of a surge in weekly U.S. jobless claims, which underlined the rapid deterioration in the economy from the COVID-19 pandemic. […]

June 11, 2019

Gold moved lower for a second day Tuesday as investors shook off trade worries, with appetite for riskier assets boosted by additional efforts by China to stoke its economy. “Trade and tariff talks have distorted gold prices, as misunderstood gold” […]

January 23, 2019

Gold prices stuck to a tight trading range on Wednesday, as some strength in U.S. equities dulled investment demand in the metal but weakness in the leading dollar index offered support. A mixed picture on the economic outlook and major […]