Bank of America recommends purchasing gold on the dip after futures settled at an eight-month low amid inflation concerns. Gold futures settled below $4,000 per ounce Thursday, marking the lowest level in over eight months. The decline followed a rise in U.S. Treasury yiel
XAU/USD falls below $4,000 after geopolitical risks shift focus to inflation and potential Fed tightening. Gold prices dropped 1.8% as escalating tensions between the US and Iran raised concerns over oil supply disruptions, pushing energy prices higher. The move revived ma
XAU/USD falls 1.8% to $3,994 as rising oil prices and strong US data fuel expectations of tighter monetary policy. Gold prices retreated 1.8% to $3,994 as escalating US-Iran tensions drove oil prices higher, stoking inflation fears and bets on a Federal Reserve rate hike.
Commodities slide as gold reacts to hawkish Fed signals and oil falls on potential Iran-US diplomatic progress. Gold and oil prices declined in recent sessions, diverging from typical market correlations. Gold fell due to the Federal Reserve’s hawkish monetary policy stanc
Scott Bessent says new $1 Trump coin embodies the 'legacy of liberty' — but is it fool's gold? How to cash in now Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below The U.S. Mint is set to begin production on a new gold
August gold futures slip after opening higher, pressured by rising geopolitical risks and expectations of tighter monetary policy. Gold August futures opened at $4,068.90 per troy ounce, up 0.4% from Wednesday’s close, but fell to $4,041.10 by 8:02 a.m. ET. Prices remain a
XAU/USD falls 0.7% amid renewed energy price pressures and heightened US-Iran tensions, weighing on non-yielding assets. Gold prices declined 0.7% to near $4,030 in European trading Thursday, pressured by rising inflation fears tied to disrupted oil supplies. A drone attac
June US producer inflation fell to 5.5% YoY, below forecasts, lifting gold as traders trim Fed hike odds for July. Gold prices rose to $4,060 in early Asian trading Thursday after US producer inflation cooled more than expected in June. The Producer Price Index (PPI) decli
Gold prices steady after US inflation data Gold futures trimmed early losses Wednesday after the latest US inflation data came in milder than expected. The headline Producer Price Index fell 0.3% in June, following May's downwardly revised 0.6% increase. This easi
XAU/USD falls 0.53% to $4,034 as geopolitical risks boost the USD and energy prices, offsetting softer US inflation data. Gold prices declined Wednesday, erasing earlier gains as escalating Middle East tensions drove energy prices higher and strengthened the US Dollar. XAU
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