Gold prices jumped Monday ahead of this week s US Fed interest-rate decision after US President Biden pledged retaliation for Iran-backed militia killing 3 soldiers while debt-plagued Chinese property giant Evergrande was ordered into liquidation
The Dollar gold price flirted again with $2000 per ounce Monday after bullish speculation in Comex futures and options made its 2nd fastest jump on record amid Israel s deepening incursion into Gaza
Gold prices defied further strength in the US Dollar and fresh 16-year highs in Treasury bond rates Monday as next weekend s threat of a government shutdown boosted bullion s safe-haven appeal
The Dollar price of gold in London s bullion market rose to new 2-week highs Tuesday as the Chinese Yuan and Japanese Yen fell once more ahead of the US Fed s latest interest-rate decision and economic forecasts
Depreciation against the US Dollar in the Chinese Yuan and Japanese Yen has seen gold prices hit fresh record highs for investors in the world s 2nd and 3rd largest economies today