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Gold settled 0.3% higher, snapping a two-session losing streak, and silver rose 1.6%, up for a second consecutive session.
Markets displayed a risk-on tone Wednesday morning as rate cut bets strengthened following comments from Treasury Secretary Scott Bessent, pushing equities higher and the dollar lower.
0744 GMT - Gold futures rise as inflation data fuels bets on U.S. Federal Reserve interest-rate cuts. Futures are up 0.3% at $3,409.50 a troy ounce. The precious metal gained after Tuesday's Consumer ...
U.S. stock futures pointed to a higher open Wednesday, building on Tuesday's session which saw new records set by the Nasdaq and the S&P 500. The pre-market rise follows yesterday's consumer prices ...
Gold prices edged higher on Tuesday after U.S. inflation data sustained expectations of Federal Reserve interest rate cuts, ...
Global gold ETFs continued to see inflows in July, dominated by North America and Europe. Global gold market trading volumes ...
This is the second gold tariff scare. The first one occurred after the election. The difference is that, then, there was time ...
Gold prices fell in anticipation of Monday’s clarification from the White House on excluding gold from tariffs.
President Donald Trump said Monday in a Truth Social post that there will be no tariffs on gold after last week's wild gold ...