Gold record rally stalls on higher US dollar, yields
GOLD prices held steady on Thursday (Oct 24) after scaling an all-time high in the previous session, with a stronger US dollar and an uptick in US Treasury yields offsetting support from…
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Gold
Global uncertainties push safe-haven gold to record high
GOLD prices surged to a record high on Wednesday (Oct 23) as the conflicts in the Middle East and uncertainty surrounding the upcoming US election spurred demand for safe-haven assets.…
Hezbollah hiding more than $500M in gold, cash under hospital in Lebanon, IDF says
Hezbollah, the Iran-backed terror proxy, is hiding $500 million in gold and cash in a secret bunker formerly run by the group's deceased leader under a hospital in Beruit, Israeli military…
Gold lingers near record peak, set for weekly gain
GOLD held steady near a record high on Friday (Oct 18), as uncertainty surrounding the US election, simmering Middle East tensions and a looser monetary policy environment boosted its…
Gold tops US$2,700 for first time to extend record-breaking run
GOLD topped US$2,700 an ounce for the first time, as concerns over escalating conflicts in the Middle East and a tight US election race prompt investors to flock to safety. Bullion climbed…
Gold eases as US dollar strengthens; traders eye Fed cues
GOLD prices drifted lower on Monday (Oct 14) as the US dollar strengthened, while market participants awaited fresh cues on the US Federal Reserve’s monetary policy path. Spot gold fell…
Gold extends gains over 1% as US PPI data solidifies rate cut hopes
GOLD rose over 1 per cent on Friday (Oct 11) after a US inflation data cemented prospects of a rate cut next month, restraining the dollar below recent highs, while safe-haven demand…
Gold trading Strategy: Avoid large short positions; check key levels here
Gold(Photo: Shutterstock) 3 min read Last Updated : Oct 11 2024 | 8:27 AM IST Gold – Up on disappointing US job data with geopolitics in focus Performance Click here to connect with us on…
Gold drifts higher after data supports US rate-cut bets
GOLD prices edged higher on Friday (Oct 11) after recent data supported bets for a US Federal Reserve interest rate cut next month, while market participants focussed on the US Producer…
Gold prices steady with Fed minutes on tap
GOLD prices held steady on Wednesday (Oct 9) as traders awaited cues on US interest rate policy from the minutes of the Federal Reserve’s latest meeting. Spot gold held its ground at…
Gold flat as markets await Fed minutes
GOLD prices were flat in early Asian hours on Tuesday (Oct 8) as market participants awaited minutes of the US Federal Reserve’s last meeting and more economic data for further clarity on…
Gold holds steady as traders wait for US payroll data
GOLD prices traded flat on Thursday (Oct 3) but were slightly down for the week, as market focus shifted to a crucial US payrolls report for clearer insight into the Federal Reserve’s…
S$67 billion: That’s the value of gold, silver in Singapore’s Fort Knox when fully stored
Storage facilities are enjoying a gold rush as the rich turn to physical bullions amid geopolitical turmoil DEMAND for special storage facilities for precious metals is on the rise in…
Gold holds ground as investors await US data for further clues
GOLD price held its ground on Tuesday (Oct 1), following a decline of nearly 1 per cent in the previous session, as investors awaited upcoming US data for insights on potential interest…
Rate cuts set gold on track for best quarter in eight years
GOLD prices were heading for their best quarter in more than eight years on Friday (Sep 27), having hit a series of record highs in recent sessions as the start of US monetary easing…
Call on fresh sovereign gold bonds to be taken after assessing markets
3 min read Last Updated : Sep 27 2024 | 11:30 PM IST The government would take a decision on issuing fresh sovereign gold bonds (SGBs) based on the need and assessment of market…
China’s August net gold imports via HK lowest in over 2 years
China’s monthly net gold imports via Hong Kong dropped 76 per cent to their lowest level in more than two years in August, data showed on Thursday (Sep 26), as a record price rally curbed…
Gold stays near record high on Middle East risks, softer US dollar
GOLD prices were steady near record highs on Wednesday (Sep 25), as a weaker US dollar and an escalated conflict in the Middle East lifted bullion’s safe-haven appeal, while investors…
Gold prices hit record high over West Asia tensions, US Fed rate cut
2 min read Last Updated : Sep 24 2024 | 11:27 PM IST By Anjana Anil Gold rose 1% and hit a record high on Tuesday, building on its recent rally as West Asia tensions fed its safe-haven…
Glittering returns: Gold outshines equities in a falling-rate environment
3 min read Last Updated : Sep 24 2024 | 11:18 PM IST Gold has been a bigger beneficiary of the reversal in the global interest cycle compared to equities. Gold prices in the international…
Brazilian police raid targets accused of laundering millions in gold mined in the Amazon
SAO PAULO (AP) — Brazil's Federal Police on Tuesday conducted multiple raids targeting a criminal group it alleged has laundered at least 3.1 metric tons of gold mined in the Amazon…
Who benefits from Lesotho’s ‘white gold’?
Here in Lesotho it is known as white gold – the water which plays such an important role in the country’s economy. The engineering marvel at the centre of this is incongruous in the…