Key Points
rose to a nearly one-week high on Monday as a slight pullback in the US dollar and escalating tensions in the Middle East lifted bullion's..
US gold futures rose 0.4% to $2,031.50 per ounce...
"Given recent geopolitical developments that calls for tensions to drag on for longer, the yellow metal is finding some renewed traction on safe-haven flows," said IG market strategist Yeap Jun Rong.. reported being under attack in the Bab al-Mandab Strait off Yemen on Sunday, while UK Maritime Trade Operations agency reported crew abandoning a ship off Yemen after an explosion...
Spot gold may rise into a range of $2,027 to $2,031 per ounce as it has climbed above a falling channel, according to Reuters technical analyst Wang Tao..
"The FOMC (Federal Open Market Committee) minutes will be on watch for greater cues on Fed's policy outlook, with any hawkish take from policymakers likely to renew jitters of rates potentially being kept high for longer and that may not be good news for gold prices," Jun Rong said.. Focus shifts to minutes from the US Fed's January policy meeting, due on Wednesday, for more clues on when it could begin cutting interest rates...
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Gold softens on caution ahead of Fed's policy decision
01, Nov, 23By Anjana Anil (Reuters) - Gold started November on a softer note, with investors on the watch for the U.S. Federal Reserve's policy decision due later in the day, after concerns over the Middle East
Gold soars as investors bolt for safety from Middle East violence
09, Oct, 23The safe-haven dollar and Japanese yen edged higher on the Middle East uncertainty, with a blowout U.S. jobs report giving the greenback a further leg up.
Gold at seven-month low as US dollar, yields extend rally
04, Oct, 23By Ashitha Shivaprasad (Reuters) - Gold prices languished near a seven-month low on Tuesday, weighed down by a robust dollar and elevated bond yields as the likelihood of U.S. interest rates staying
Gold hits near 1-week peak on softer dollar, safe-haven demand
19, Feb, 24By Sherin Elizabeth Varghese (Reuters) - Gold prices rose to a near one-week high on Monday as a slight pullback in the U.S. dollar and escalating tensions in the Middle East lifted its safe-haven
Safe-haven gold gains as Middle East worries mount
29, Jan, 24By Harshit Verma (Reuters) - Gold prices rose on Monday as escalating tensions in the Middle East lifted bullion's safe-haven appeal, while moves were limited as traders awaited the U.S. Federal
Gold touches one-week high as Fed hints at lower US rates next year
15, Dec, 23By Anushree Ashish Mukherjee (Reuters) - Gold prices touched a one-week high on Thursday as the U.S. dollar and Treasury yields were beaten lower after the Federal Reserve signaled an end to its
Gold gains as US dollar, yields slip on hopes of peak Fed rates
03, Nov, 23By Ashitha Shivaprasad (Reuters) - Gold prices firmed on Thursday as the U.S. dollar and Treasury yields retreated on raised bets that the Federal Reserve may be done raising interest rates, while
Gold creeps higher on weaker US bond yields, traders brace for Fed
13, Dec, 23By Anjana Anil (Reuters) - Gold prices edged up on Wednesday, buoyed by weaker Treasury yields, but bullion was still near its lowest in over three weeks as the dollar inched higher ahead of the U.S.
Gold scales two-week peak as market focus turns to Fed meeting
31, Jan, 24By Anushree Ashish Mukherjee (Reuters) - Gold prices climbed to a two-week high on Tuesday, supported by a softer dollar and lower Treasury yields while focus turned to the Federal Reserve's policy
Gold set for fourth weekly gain in five on Fed rate-cut optimism
22, Mar, 24(Reuters) - Gold prices edged higher on Friday and were set for a fourth weekly rise in five after the U.S. Federal Reserve maintained its interest rate cut projections for the year, boosting investor