U.S. durable goods beat expectations in May, gold price erases early-morning gains

U.S. durable goods beat expectations in May, gold price erases early-morning gains: U.S. durable goods beat expectations in May, gold price erases early-morning gains The gold market erased its early-morning gains after the newly released data showed that orders for long-lasting U.S....

Gold surges to $1982.8 as investors rethink the banking crisis and accommodative Fed

Gold surges to $1982.8 as investors rethink the banking crisis and accommodative Fed: Gold surges to $1982.8 as investors rethink the banking crisis and accommodative Fed Gold futures surged to the highest value of 2023 taking out the former high of $1976 achieved in February. As of 4:...

Gold, silver hit hard by profit taking, bearish outside markets

Gold, silver hit hard by profit taking, bearish outside markets: Gold, silver hit hard by profit taking, bearish outside markets Gold and silver prices are sharply lower in midday U.S. trading Monday after hitting multi-month highs overnight. The metals are being h...

Gold, silver gain a bit amid slightly tamer U.S. inflation data

Gold, silver gain a bit amid slightly tamer U.S. inflation data: Gold, silver gain a bit amid slightly tamer U.S. inflation data Gold and silver prices are modestly up in midday U.S. trading Wednesday, in the wake of a U.S. inflation report that came in not as hot ...

What's in store for gold price as Fed remains laser-focused on inflation and its supersized hikes?

What's in store for gold price as Fed remains laser-focused on inflation and its supersized hikes?: What's in store for gold price as Fed remains laser-focused on inflation and its supersized hikes? The gold market will be wrapped up in the Federal Reserve's interest rate decision next week as analy...

Gold slightly down Tuesday but silver sharply up, hits 7-week high

Gold slightly down Tuesday but silver sharply up, hits 7-week high: Gold slightly down Tuesday but silver sharply up, hits 7-week high Gold futures prices are a bit lower in midday U.S. trading Tuesday. The yellow metal sees some price pressure from rising government ...

Gold price headed to $5,500 in the long term as central banks won't be able to exit unorthodox monetary policies

Gold price headed to $5,500 in the long term as central banks won't be able to exit unorthodox monetary policies: Gold price headed to $5,500 in the long term as central banks won't be able to exit unorthodox monetary policies ...