global gold prices
Gold prices climb as investors await concrete signals on global uncertainties
Fri, Oct 11, 2019
Equity markets gained after US President Donald Trump said he would meet with China`s top trade negotiator, while a White House official said the first day of talks had gone "probably better than expected."
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Gold rises as investors wait for US Fed policy decision today
Wed, Sep 18, 2019
A Fed rate cut this week could put pressure on the Bank of Japan to ease policy on Thursday. Lower interest rates decrease the opportunity cost of holding non-yielding bullion and weigh on the dollar, making gold cheaper for investors holding other currencies.
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Middle East tensions: Gold gains 1% as attack on Saudi oil facilities boosts safe-haven assets
Tue, Sep 17, 2019
Markets are awaiting policy decisions from the U.S. Federal Reserve and Bank of Japan on Wednesday. Lower U.S. interest rates put pressure on the dollar and bond yields, increasing the appeal of non-yielding bullion.
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Gold soars 2% after Jerome Powell speech, President Trump tweets on trade tensions with China
Sat, Aug 24, 2019
Powell said the U.S. economy is in a "favorable place," but gave few clues about interest rate cuts at its next meeting. However, he listed a series of economic and geopolitical risks the Fed is monitoring, noting these were linked to the trade spat.
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Gold prices hit over six-year peak as US-China trade war jitters spark safe-haven rush
Wed, Aug 07, 2019
The world`s two-largest economies are locked in a bitter trade tussle that rapidly escalated late last week when U.S. President Donald Trump said he would impose additional tariffs on Chinese goods.
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Gold prices hit near 12-week high as falling markets burnish appeal
Mon, Oct 15, 2018
U.S. gold futures were up 0.8 percent at $1,231.80 an ounce. "There is a huge change in sentiment when it comes to the yellow metal because it is playing the role of a safe-haven asset here. We see fund flows from the equity markets going into gold," Think Markets UK chief markets analyst Naeem Aslam said.
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Gold inches lower as dollar holds firm on US tax bill hopes
Mon, Dec 18, 2017
Gold prices edged lower on Monday, pressured by firmer equities and a buoyant dollar after a bill to overhaul the tax system in the United States moved a step closer to ratification. Spot gold was down about 0.1 percent at $1,254.40 an ounce at 0346 GMT.
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