Gold prices rose in trading on Friday, as investors awaited the stance of the US Federal Reserve, which is heading to be tough on reducing stimulus and increasing interest rates. The yellow metal appears to be on its way to…
Continue ReadingGold prices fell in trading today, Thursday; Investors are betting that the US Federal Reserve will gradually reduce its bond purchases faster to counter rising inflation. Investors are also assessing how central banks will respond to rising inflation and concerns…
Continue ReadingGold prices rose on Wednesday, as weak bond yields and uncertainty about economic growth due to the Omicron coronavirus mutated pushed investors to the safe haven of gold. And the spot gold price rose 0.59% to $ 1748.92 an ounce…
Continue ReadingGold prices rose in trading on Tuesday, with increasing fears of the expansion of closures and restrictions due to the spread of the new Corona virus, Omicron. The price increase comes after the president of Moderna Pharmaceuticals warned that coronavirus…
Continue ReadingGold prices rose in trading on Monday, amid growing concerns about the impact of the novel coronavirus variable, "Omicron". This comes as investors assess whether the emergence of the new mutation may change the hawkish stance of the US Federal…
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