Gold flat as sticky US inflation tempers hopes for early rate cut
April 11, 2024
GOLD prices were little changed on Thursday (Apr 11), as the US dollar and Treasury yields firmed after hotter-than-expected inflation data tempered hopes for an early interest rate cut.Spot...
Gold hits record high on buying momentum, geopolitical risks
April 10, 2024
GOLD extended its record run on Tuesday (Apr 9) fuelled by buying momentum and geopolitical risks, while the spotlight shifted to the Federal Reserve’s policy meeting minutes and US...
Gold prices edge higher as markets await Fed minutes, CPI data
April 9, 2024
GOLD prices edged up on Tuesday (Apr 9), hovering slightly below a record high as investors awaited the US Federal Reserve’s policy meeting minutes and key inflation data for...
China’s central bank adds more gold to its reserves in March
April 8, 2024
CHINA’S central bank added 160,000 troy ounces of gold to its reserves in March, it said, in line with the market view that persistent official sector demand had supported...
Gold prices drop 1 per cent as US dollar, yields firm after upbeat US data
April 8, 2024
GOLD prices slipped more than 1 per cent on Monday (Apr 8) as the US dollar and Treasury yields held firm after strong US data heightened doubts on whether...
Gold prices drop 1 per cent as dollar, yields firm after upbeat US data
April 8, 2024
GOLD prices slipped more than 1 per cent on Monday (Apr 8) as the US dollar and Treasury yields held firm after strong US data heightened doubts on whether...
Gold climbs to new record before pivotal US inflation print
April 8, 2024
GOLD drove higher to a fresh record above US$2,350 an ounce as investors shifted focus to a key US inflation reading later this week, while geopolitical risks also added...
Vietnam to step up actions to tame gold market, combat smuggling
April 7, 2024
STABILISING the gold market is a pressing issue for the Vietnamese government with smugglers taking advantage of higher local prices to slip in the precious metal, leading to exchange...
Biggest gold miners are missing out on bullion’s record run
April 5, 2024
THE world’s biggest gold miners are at risk of missing out on the metal’s record run after spending billions of dollars to become the obvious home for bullion-focused investors.Despite...
Gold takes breather after record run ahead of US jobs data
April 5, 2024
GOLD prices hit a pause on Friday (Apr 5) after scaling to historic highs in the previous session on expectations of lower US interest rates this year, while traders...