Tag: Gold

Jun 30
Gold prices are marginally declining and heading to record monthly and quarterly losses

Gold prices marginally declined during trading today, Thursday, June 30, 2022, and are heading to record the worst quarterly performance since early 2021. The strong performance of the dollar has kept investors away from bullion, amid moves by major central banks to adopt strict tactics to fight inflation. Gold Prices Today The price of gold […]

Jun 27
Gold prices rise amid moves to ban Russian exports

Gold prices rose more than 9 dollars, during trading today, Monday, June 27, 2022; News of some Western countries’ plans to formally ban imports of the metal from Russia due to its invasion of Ukraine sparked interest in the precious metal. Four of the wealthy Group of Seven nations moved to ban Russian gold imports […]

Jun 24
Gold prices rise marginally and are heading for weekly losses

Gold prices marginally increased, during trading today, Friday, June 24, 2022, but it is on its way to achieving the second consecutive weekly decline. This comes with fears that major central banks will implement significant increases in interest rates to contain hyperinflation, which is weighing on the demand for bullion. Gold prices today The price […]

Jun 21
Gold prices fall as US bond yields rise

Gold prices fell, during trading today, Tuesday, June 21, 2022, with the increase in US bond yields. This comes in light of investors’ anticipation of the position of major central banks to raise interest rates to get a clearer view of bullion. Gold Prices Today The price of gold futures contracts – August delivery – […]

Jun 14
Gold prices are falling, awaiting the decisions of the US Federal Reserve

Gold prices fell today, Tuesday, June 14, 2022, in volatile trading, after the session started on the rise, recovering from its lowest level in 4 weeks. This comes with a pause in the rise of the dollar and US Treasury bond yields, and with increasing bets on monetary policy tightening by the Federal Reserve, during […]

Jun 10
Gold prices fall in anticipation of US inflation data

Gold prices fell, during trading today, Friday, June 10, 2022, and are heading to record a slight weekly decline with the rise in US Treasury bond yields. This comes as investors await key monthly inflation data in the US, for clues about the future of the Federal Reserve’s monetary policy. Gold Prices Today The price […]

Jun 06
Gold prices rise $5 as US bond yields fall

Gold prices rose about $5, during trading today, Monday, June 6, 2022, supported by a slight decline in the dollar price and US Treasury bond yields. This comes despite the fact that the outlook for the yellow metal has been subject to sharp increases in interest rates by central banks. Gold Prices Today The price […]

Jun 03
Gold prices are falling, heading for weekly gains

Gold prices fell, during trading today, Friday, June 3, 2022, abandoning its highest level in a month, which it had achieved earlier. Gold prices had started trading higher, driven by the weakness of the US dollar, which put bullion on the right track, on its way to achieving a third consecutive weekly gain. Gold Prices […]

May 30
Gold prices rise with the decline of the US dollar

Gold prices rose in trading Monday, May 30, 2022, with the weakness of the US dollar, although the gains turned some investors to riskier assets in Asia. Despite the precious metal’s gains, in recent days; This will not prevent a new monthly decrease. Gold Prices Today The price of gold futures contracts – August delivery […]

May 26
Gold prices are falling with the rise of the US dollar

Gold prices fell during trading today, Thursday, May 26, 2022, with the rise of the US dollar. The decline comes with the support of the signals shown by the US Federal Reserve policy meeting; The US central bank is likely to continue on its path of raising interest rates. Gold Prices Today The price of […]