Dollar rally pushes gold to near two-month low as traders await Fed cues
Gold touches lowest price since Sept. 20 US dollar hits more than four-month peak Gold poised to rise with support at $2,600, analyst says US CPI data due on Wednesday Nov 12 (Reuters) - Gold prices fell to nearly a two-month low on Tuesday in the face of ...
Gold fell more than 4% in the four days after Election Day, while the broad U.S. stock market climbed nearly 4%.
The price of gold traded at $2,611.72 per troy ounce, as of 9 a.m. ET. That’s down 0.91% from yesterday’s gold price per ...
This, along with the FOMC easing expectations, should push real rates lower and benefit the gold price," he added. The ...
Rising bond yields, rallying stocks and a surging U.S. dollar all weighed on the price of gold in the wake of former ...
Explore how a surging dollar and rising interest rates could threaten gold's recent rally and impact its future performance.
Economists are seeing a new U.S. dollar decline factor that could account for gold's recent surge – and they don’t see it ...
The DXY, which tracks the performance of the US Dollar against a basket of peers, hit a YTD high of 106.52, surpassing the ...
(Reuters) - Gold prices extended losses on Thursday, nearing a two-month low pressured by a strong U.S. dollar, while ...
(Reuters) - Gold prices fell to a near two-month low on Tuesday, pressured by a stronger U.S. dollar and growth optimism ...
The U.S. dollar's sharp 6.5% surge since early October is putting significant pressure on metal prices. However, ...
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