Precious Metals edged higher as investors weighed the ongoing Russia-Ukraine tensions, which have supported demand for the haven asset, against the Federal Reserve’s imminent monetary policy tightening.
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Precious Metals heads for weekly gain as stocks drop before U.S. Jobs data
Precious Metals headed for a weekly advance as U.S. equities fell after Meta Platforms Inc. suffered a historic share-price rout, while investors awaited a key jobs report for more clues on the Federal Reserve’s monetary policy path.
Precious Metals gains as traders weigh Jobs drop, geopolitical risks
Precious Metals were steady after a three-day advance, as investors weighed the drop in employment at U.S. companies ahead of a key jobs report, along with simmering geopolitical tensions.
Precious Metals consolidate amid FED rate hikes coming
Gold held steady close to $1,800 an ounce on Wednesday after U.S. Federal Reserve officials played down the prospects of aggressive rate hikes coming imminently.
Precious Metals consolidating at lows with Inflation Outlook eyed
Precious Metals held on to gains, recovering after a sharp drop last week that came in the wake of a hawkish shift from the Federal Reserve, as the market awaited fresh clues on the inflation outlook.
Gold Demand and Supply 2021
The World Gold Council has come up with latest updates on Gold Demand and Supply for the year 2021, lets discuss the highlights.
Precious Metals extends drop on speculation FED could go big on rate hikes
Precious Metals extended declines in Asia following the biggest weekly drop since August on signs the Federal Reserve might take a more hawkish-than-expected approach to raise interest rates. The U.S. central bank could opt to lift its key rate by 50 basis points if a more aggressive approach to taming inflation is needed.
How will 2022 fare for Bullion Industry
With Budget round the corner, let us understand what are expectations of Bullion Industry from the Union Budget 2022
Precious Metals set for weekly loss on Hawkish FED’s Inflation approach
Precious Metal is poised for its worst weekly performance since the end of November as the dollar strengthened following a more aggressive approach by the U.S. Federal Reserve to rein in inflation.
Precious Metals extends losses after hawkish Powell spurs plunge
Precious metal extended losses after falling the most in two months as a more hawkish-than-expected Federal Reserve underscored the central bank’s aggressive approach to tackling inflation.
FOMC meeting and geopolitical tensions in focus
Even as the Fed gets ready to tighten, which could dampen the appeal of non-interest-bearing bullion, demand for the haven is getting support from the drop in equities, U.S.- Russia tensions over Ukraine, and the plunge in Bitcoin.
Precious metals gains with Inflation and Dollar in focus
Precious Metal headed for a second consecutive weekly gain, even as an advance in inflation-adjusted bond yields diminishes the appeal of the non-interest-bearing asset.