Tag: Metals and Minerals

April 3, 2020

Gold futures traded higher on Friday after a report on U.S. employment in March indicated that the damage from coronavirus related business shutdowns is already having a big impact on the labor market. June gold GCM20, +0.29% on Comex, which […]

March 19, 2020

Gold prices recovered some ground Thursday, after seeing the lowest levels of the year, as governments and central banks made moves to support the global economy, which has suffered under the spread of the COVID-19 pandemic. Recent losses in global […]

February 28, 2020

Gold futures on Friday dropped by more than 3%, heading for the sharpest daily slide since November 2016. Investors rushed to sell the precious metal to generate cash to cover losses in the stock market, which continued to plunge on […]

January 29, 2020

Gold futures looked to recover some of its recent losses Wednesday, as traders continue to weigh the spread of coronavirus cases and its potential impact on the global economy. The moves for the metal come ahead of a monetary policy […]

January 10, 2020

Gold futures traded slightly lower Friday, heading for the longest losing skid in more than two months after the monthly U.S. employment report helped to solidify a rally in equities and away from so-called havens, as Middle East tensions ease. […]

December 6, 2019

Gold futures dropped sharply Friday after the U.S. report on November employment came in better-than-expected, with gains last month of 266,000 new jobs, marking the biggest monthly gains since January and reaffirming the health of the domestic economy. Prices for […]

November 26, 2019

Gold futures rebounded modestly on Tuesday, as investors kept a close eye on consumer confidence and on U.S.-China trade talks. Gold for December delivery GCZ19, +0.29% on Comex gained $3.40, or 0.2%, to settle at $1,460.30 an ounce, after opening […]

July 25, 2019

Gold futures settled sharply lower Thursday, reversing a morning climb, after the European Central Bank’s decision to signal its plan to ease monetary policy disappointed investors by not including immediate action or details of its likly efforts. The ECB said […]

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 6, 2018

Gold futures slipped Thursday as a leading dollar index twisted in mixed trading, with the metal so far failing to find the haven bid that might be expected alongside a sharp tumble in early stock trading. Gold prices have largely […]

June 11, 2018

Gold futures slipped Monday as a wait-and-see mood took over ahead of the much-touted meeting over North Korea’s nuclear power and two major central bank decisions on the docket this week. August gold GCQ8, -0.02% fell $3.70, or 0.3%, to […]

May 17, 2018

Gold futures dropped Thursday, deepening their descent below the key $1,300 line, after falling this week to their lowest point of the year. ”The firm U.S. dollar and rising U.S. bond yields are continuing to exert pressure,” said Carsten Fritsch, […]

December 29, 2017

Gold futures jumped on Friday, aiming for their seventh-straight positive session, and hurdling toward a nearly three-month high to wrap up the final trading day of 2017—a year in which the yellow metal will book a roughly 13% gain. February […]

December 19, 2017

Gold tried for a fifth-straight advance in Tuesday trading, buttressed by a lower dollar, struggling bond yields and uncertainty for inflation and the economy surrounding a probable tax cut. February gold GCG8, -0.12% inched up by less than 0.1%, tacking […]

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 […]