Gold slips as upbeat US data boosts dollar, dims rate-cut bets
A firmer US dollar makes greenback-priced metals more expensive for overseas buyers Prices of gold and silver extended their losses on Friday (Jan 16) after a stronger-than-expected US…
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A firmer US dollar makes greenback-priced metals more expensive for overseas buyers Prices of gold and silver extended their losses on Friday (Jan 16) after a stronger-than-expected US…
Several US Federal Reserve officials speaking on Thursday (Jan 15) signalled a willingness to pause interest-rate cuts at their upcoming policy meeting, citing a labour market that appears…
GOLD rose on Wednesday, holding near record highs set in the previous session, while silver set another all-time high, nearing the US$90 mark, as softer-than-expected US inflation readings…
Bullion has staged a stellar rally in 2025, climbing 72% so far and shattering multiple record highs Gold and silver climbed to record highs on Friday (Dec 26), driven by safe-haven demand…
Gold has risen 70% this year, driven by strong central-bank buying and inflows into bullion-backed ETFs Gold rose to an all-time high on Tuesday (Dec 23) – the 50th day it’s broken records…
Gold and silver hit record highs on Monday (Dec 22) as softer US labour data and a tame inflation reading fuelled bets the Federal Reserve will cut interest rates in January. Spot gold…
Dovish commentary from several Fed officials has further fuelled expectations of monetary easing Gold prices edged higher on Monday (Dec 8), as rising expectations of a US Federal Reserve…
Oil prices edged up nearly 1 per cent to a two-week high on Friday (Dec 5) on increasing expectations the US Federal Reserve will cut interest rates next week, which could boost economic…
Gold prices held steady above the US$4,200 mark on Thursday (Dec 4), buoyed by weak private payrolls data that reinforced expectations of a US interest rate cut at the US Federal Reserve’s…
US rate futures are pricing in an 89% chance of a rate cut in December, according to the CME’s FedWatch tool Gold prices were little changed on Wednesday (Dec 3) after a 1 per cent drop in…
Markets are fully pricing in a quarter-point rate cut on continued weakness in the American labour market and a series of dovish comments by Fed officials Silver jumped more than 2 per…
GOLD prices rose to a two-week high in early Asian trade on Friday, as bets increased for a US interest rate cut next month amid conflicting signals from Federal Reserve officials. Spot…
US rate futures are pricing in an 85% chance of a rate cut in December, according to the CME’s FedWatch tool Gold prices remained steady on Thursday (Nov 27) after hitting a more than…
Wall Street’s main stock indexes opened higher on Wednesday (Nov 26), as investors parsed through a fresh batch of economic data and cemented expectations the Federal Reserve could cut…
Wall Street’s main stock indexes opened higher on Wednesday (Nov 26), as investors parsed through a fresh batch of economic data and cemented expectations the Federal Reserve could cut…
Gold prices held steady on Tuesday (Nov 25) after rising nearly 2 per cent in the previous session, as increasing prospects of a US rate cut in December countered a firm US dollar. Spot…
Wall Street’s main indexes opened higher on Monday (Nov 24), buoyed by expectations of an imminent Federal Reserve interest rate cut in December, while investors were also combing for…
The precious metal, a non-yielding asset, tends to do well in low-interest-rate environments Gold prices dipped on Monday (Nov 24), weighed down by a firm US dollar near six-month highs…
Traders now see nearly a 39% chance for a Fed rate cut next month, down from 60% earlier this month Gold prices slipped on Friday (Nov 21) and were on track for a weekly fall, as a…
Wall Street’s main indexes fell at the open on Tuesday (Nov 18), as concerns over lofty equity valuations and dimming chances of an interest rate cut from the Federal Reserve weighed on…
Traders are currently pricing in a 43% probability of a quarter-point Fed rate cut next month, down from 50% in last week Gold fell for a fourth straight session on Tuesday (Nov 18),…
GOLD rose for a fourth straight session on Wednesday, supported by a weaker dollar and expectations that the reopening of the US government and flow of economic data will strengthen bets…
THE Malaysian ringgit gained to the strongest in more than a year on fading expectations for a central bank interest-rate cut and by renewed optimism over growth. The currency rose 0.1 per…
Bullion hit a record high of US$4,381.21 on Oct 20, but it has fallen close to 10% since Gold dipped on Thursday (Nov 6) after stronger-than-expected private US payrolls data dented…