Reading Time: < 1 minute Gold rose as real yields hit a record low and the dollar eased after the Federal Reserve said while it’s moving closer to reducing stimulus, the U.S. central bank wants to see more progress toward its goals first Chair Jerome Powell said there was still some way to go to meet the conditions for tapering and officials had discussed how to scale back bond buying when the time came.
Reading Time: < 1 minute Gold climbed as investors wait for more clues on tapering and inflation from a two-day Federal Reserve meeting that ends Wednesday, and also digested the International Monetary Fund’s latest growth outlook
Reading Time: < 1 minute Gold prices were steady, pinned below the key $1,800 per-ounce level, as investors turned cautious ahead of this week’s U.S. Federal Reserve meeting outcome for clues on when the central bank might rein in its easy monetary policies.
Reading Time: < 1 minute Gold ended clinging to the $1,800 mark as the U.S. dollar strengthened and bond yields rose even as investors look to add risk. Benchmark treasury yields rebounded to a near one-week high and stocks extended their recovery as fears over the economic impact of the Delta COVID-19 variant ebbed, denting the appeal of safe haven gold.
Reading Time: 3 minutes Gold prices post a weekly loss after four consecutive weeks of gains. On the contrary, Hedge Fund Managers Boost Net Bullish Gold Bets to 5-Week High. Gold declined as risk appetite runs wild, with the S&P 500 making a fresh record high and Treasury yields ending higher.
Reading Time: < 1 minute Gold prices extended slide to their lowest in nearly two weeks on Thursday on the back of a rebound in stocks and firmer U.S. dollar, while investors looked to the European Central Bank for their stance on policy.
Reading Time: < 1 minute Bullion prices are trading with a weaker bias, pressured by a firmer U.S. Dollar ahead of the European Central Bank announcements today, another rise in U.S. Treasury yields and increasing demand for riskier assets with U.S. equity markets hovering slightly below the record highs.
Reading Time: < 1 minute Gold steadied as stock markets found their feet after falling sharply on fears the Delta variant would harm global growth prospects. Demand for havens like Treasuries eased, causing yields to rebound from the lowest levels since February.
Reading Time: < 1 minute Worries about the spread of Covid-19 variants drove U.S. government bond yields to their lowest levels in months on Monday, the latest drag on investors’ expectations for economic growth and inflation.