Gold Prices Dip as Dollar Strengthens, Inflation and Central Bank Meetings in Focus

[ad_1] Last Updated: June 13, 2023, 01:53 IST New York, United States of America (USA) Silver fell 1.3% to $23.95 per ounce, while platinum dipped 1.92% to a two-month low at $989.67. (Reuters File Photo) Spot gold fell 0.4% to $1,953.77 per ounce by 1:40 p.m. EDT (1740 GMT). U.S. gold futures settled 0.4% lower … Read more

Gold Slips as Dollar Rises on Hawkish Cues from Fed Officials

[ad_1] Last Updated: May 18, 2023, 00:11 IST The dollar’s jump, partly driven by Fed officials generally leaning hawkish overall,” has been weighing on the metals markets, said Jim Wyckoff, senior analyst at Kitco Metals. Spot gold dropped 0.4% to $1,981.29 per ounce by 12:10 p.m. EDT (1610 GMT) after touching its lowest since April … Read more