Gold poised for worst week in 3 years as US dollar rallies
Gold prices steadied near the previous session's two-month lows on Friday and were poised for their worst weekly performance in over three years as a rallying U.S. dollar and expectations of less aggressive interest rate cuts by the Federal Reserve pressured the precious metal.
Gold slumps to 2-month low as dollar marches on; Fed signals in focus
Gold fell for a fifth straight session on Thursday to hit its lowest level in eight weeks, pressured by a stronger U.S. dollar and rising Treasury yields amid uncertainty over the pace of the Federal Reserve's interest rate cuts.
Markets are dismissing gold as a hedge against inflation, despite Trump's policies potentially raising US inflation.
Gold prices are on track for their worst weekly decline in more than three years, pressured down by profit-taking, a stronger ...
Gold fell more than 4% in the four days after Election Day, while the broad U.S. stock market climbed nearly 4%.
Explore how a surging dollar and rising interest rates could threaten gold's recent rally and impact its future performance.
Gold's price movements often signal where investors think inflation is heading, even before official numbers come out.
The DXY, which tracks the performance of the US Dollar against a basket of peers, hit a YTD high of 106.52, surpassing the ...
Economists are seeing a new U.S. dollar decline factor that could account for gold's recent surge – and they don’t see it ...
Gold was steady as investors waited for initial results in a closely fought US election that could prove massively ...
(Reuters) - Gold prices extended losses on Thursday, nearing a two-month low pressured by a strong U.S. dollar, while ...
Gold prices fell for a second straight session on Monday, while investors prepared for U.S. economic data and comments from ...
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