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Category archives for Gold

Gold prices rise, awaiting US data Backed by rising inflation fears

  • 12 October, 2021
  • 2:54 pm EEST

Gold prices rose in trading on Tuesday, supported by rising concerns about inflation, as the sentiment of risk aversion and inflation fears boosted the attractiveness of the precious metal. This comes despite the gains capped by the strength of the…

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Gold prices fall under pressure from US jobs data

  • 11 October, 2021
  • 2:53 pm EEST

Gold prices fell today, Monday, at the beginning of the week’s trading, after the session started flat. And the weak job growth numbers failed to calm expectations that the US Federal Reserve will begin to scale back its stimulus this…

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Gold prices rise as the dollar falls, and US jobs data awaits

  • 07 October, 2021
  • 2:56 pm EEST

Gold prices rose, during trading today, Thursday, in light of the anticipation of the release of US jobs data, and the decline in the dollar index. Gold prices rose marginally, at the close of trading on Wednesday, with the decline…

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Gold prices fall ahead of US jobs data

  • 05 October, 2021
  • 12:09 pm EEST

Gold prices fell during trading today, Tuesday, with the rise in the price of the dollar, which benefited from the weak risk sentiment. This comes amid expectations that bullion will witness volatile trade in the run-up to the US jobs…

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Asian markets face a quarterly loss as the dollar rises on tightening prospects.

  • 30 September, 2021
  • 12:22 pm EEST

The dollar hovered below the previous session's one-year highs on Thursday on growing expectations the U.S. Federal Reserve will tighten policy in coming months, while Asian shares were headed for their worst quarter since the pandemic hit. Resolving "tension" between…

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