Gold retreats below $5,000 as markets await Fed rate decision
Gold pulls back from recent highs amid geopolitical tension In early Wednesday Asian trading, spot gold declined 0.4% to $4,987.09 an ounce by 01:18 ET (05:18 GMT), while gold futures also slipped 0.4% to $4,990.44 an ounce. The metal had...
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Gold Holds Above $5,000 as Oil Prices, Iran Conflict and Rate Decisions Drive Trade
Gold Stabilizes After Brief Dip Below $5,000 Spot gold rose 0.6% to $5,035.62 an ounce by 01:26 ET (05:26 GMT) on Tuesday, while gold futures advanced 0.8% to $5,039.94 an ounce. The gains followed a brief move below $5,000 an...
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Gold Prices Steady Near Record Levels as Markets Watch Fed and Iran Conflict
Gold and Silver Pull Back After Record Highs Gold futures were trading near $5,031.76 per ounce in Asian trade on Monday, down about 0.59% on the day, after briefly slipping below the $5,000 per ounce level. Silver futures also declined,...
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Gold Edges Higher in Asia but Heads for Second Weekly Loss on Inflation and Fed Concerns
Spot gold rose 0.3% to around $5,103 per ounce in early Asian trade, with gold futures also edging higher. Despite this intraday gain, prices were still set for a second straight weekly decline. Analysts attributed the weaker weekly trend to...
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Gold and Silver Advance in Asia as Iran Conflict Signals Remain Mixed
Precious Metals Supported by Safe-Haven Demand and Softer Dollar Gold futures in Asian trading climbed about 1.59–1.60% to approximately $5,184.7–$5,185.26 per ounce. Silver outperformed gold on a percentage basis, surging 5.47–5.62% to around $89.14–$89.28 per ounce. The advance in gold...
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