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PRECIOUS - Gold Gains Over 1% as Soft US jobs Data Lifts Fed Rate-Cut Bets

PRECIOUS - Gold Gains Over 1% as Soft US jobs Data Lifts Fed Rate-Cut Bets
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United statesDavid megerBob haberkornLabor departmentFederal reserveElon musk may be compelledTestify againHigh ridgeEuropean shares scale new highsDollar slips

Gold slips as Fed meeting looms, but set for third monthly gain

Gold prices slipped more than 1% to a one-week low on Tuesday due to an uptick in the dollar and U.S. Treasury yields, although strong safe-haven demand and central bank buying kept bullion on track for its third consecutive monthly gain.

Jerome powellBob haberkornRicardo evangelistaFed chair jerome powellMonetary policy

Gold trims gains as US Treasury yields rise after economic data

Gold prices trimmed gains on Thursday as U.S. Treasury yields rose after economic data showed signs of persistent inflation, lowering hopes of the Federal Reserve cutting interest rates anytime soon. . -April 25, 2024 at 10:07 am EDT - MarketScreener

South africaUnited statesCity ofUnited kingdomHong kongKrishna chandra eluriAshitha shivaprasadBob haberkornDavid megerFederal reserveHigh ridgePersonal consumption expenditures price indexAnglo american

Gold advances on weaker dollar ahead of US inflation test

Spot gold rose 0.5%, to $2,182.77 per ounce, by 09:58 a.m. EDT (1358 GMT), having jumped as much as 1.3% earlier in the session. U.S. gold futures for April delivery rose 0.3%, to $2,183.00.

Bob haberkornNitesh shahFederal reservePersonal consumption expenditure price indexGood fridayUs gold futuresUs inflation test

Gold holds ground as traders buckle in for Fed cues

Spot gold was up 0.2% at $2,032.90 per ounce at 9:28 a.m. ET (1428 GMT). US gold futures was steady at $2,043.90 per ounce.

Bob haberkornFrank watsonCiti researchFederal reserveGovernor michelle bowmanKinesis moneyBus goldUs economy

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