Gold up 1% on Week after Fencing With U.S. Yields, Dollar

By Barani Krishnan Investing.com – Gold prices slid on Friday but still ended the week up 1% as the yellow metal emerged partially victorious from its fencing duels with U.S. bond yields and the dollar, which were sluggish most of the week from mixed readings on inflation. on New York’s Comex settled down $ 13.60, […]

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Gold Up 2nd-Straight Week Despite Rising Dollar, Yields

By Barani Krishnan Investing.com – Gold logged a second-straight weekly gain, indicating that investors in the yellow metal were getting adjusted to a rising dollar and spiking U.S. bond yields as the “new normal” they had to navigate in a higher inflation environment. settled up $ 9.20, or 0.5%, at $ 1,741.70 an ounce on […]

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Gold Sees 1st Weekly Profit in Four, Rebounding From Under $1,700

© Reuters. By Barani Krishnan Investing.com – Gold squeezed in its first weekly profit in four on Friday, rebounding from under $ 1,700 an ounce, despite a 13-month high in U.S. bond yields and a spike in the dollar that should have kept the yellow metal lower. on New York’s Comex settled down $ 2.80, […]

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More gloom in store for gold as November low looks to be giving way

The sell everything mode in the market is dragging gold lower as well Invest in yourself. See our forex education hub. Gold is down 0.7% on the day as price falls below its 30 November low @ $ 1,764.80, trading to levels last seen since June last year. With the November low and 50.0 retracement […]

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