Key Points
(Reuters) -Prices of safe-haven gold climbed on Monday on heightened geopolitical tensions in the Middle East and amid expectations of a U.S. rate cut in September, while focus shifted to the Federal Reserves policy meeting due later this week...
U.S. gold futures firmed 0.4% to $2,390.50...
However, softer U.S. jobs data in June, cooling and comments from top Fed officials have prompted the rate futures market to fully price in a 25 basis-point cut in September...
Israels security cabinet authorized Prime Minister Benjamin Netanyahus government to decide on the manner and timing of a response to a rocket strike in the Israeli-occupied Golan Heights that killed 12 teenagers and children, and which Israel and the United States blamed on Lebanese armed group Hezbollah...
Elsewhere, top consumer Chinas output of gold using domestic raw materials rose by 0.58% from the year before to 179.634 metric tons in the first half of 2024, the countrys Gold Association said.. Spot silver gained 0.1% at $27.93 per ounce, platinum rose 0.8% to $942.75 and palladium was up 0.7% at $906.48...
You might be interested in
Gold holds ground as traders buckle in for Fed cues
28, Feb, 24By Ashitha Shivaprasad (Reuters) - Gold prices ticked up on Wednesday as traders strapped in for key economic data and comments from U.S. central bank officials on the timeline of interest rate cuts.
Gold edges up as traders eye cues on US rate cuts
24, Jan, 24By Anushree Ashish Mukherjee (Reuters) - Gold prices inched higher on Tuesday as investors awaited a slew of U.S. economic data this week for more cues to the Federal Reserve's interest rate cut
Gold wavers near 3-week lows as investors brace for US inflation data
08, Jan, 24International Business News: Gold prices near three-week low on reduced rate cut hopes; market awaits U.S. inflation report. U.S. dollar and bond yields buoyant. Chance of Fed rat
Gold backs off two-week highs on US rate cut concerns
26, Feb, 24By Sherin Elizabeth Varghese (Reuters) - Gold prices eased on Monday, hovering below the over two-week peak hit in the previous session, as fading odds of an early U.S. interest rate cut weighed on
Wall Street stocks rally, US Treasury yields fall as jobs data brightens outlook
05, May, 23US Treasury yields rose after the report while the dollar was down very slightly against a basket of major currencies.