Gold Prices Decline in Q3 Amid Likely US Rate Hike, Moderate Inflation – News18

[ad_1] Last Updated: July 01, 2023, 02:03 IST New York, United States of America (USA) Prices have shed 2.5% this quarter, dropping from levels just shy of all-time highs at $2,072 in May, caused by nervousness about the health of the U.S. banking sector, to below $1,900 on Thursday. Spot gold rose 0.5% to $1,917.94 … Read more

Gold Remains Firm Amid Lower Treasury Yields and Dollar Strength

[ad_1] Last Updated: May 31, 2023, 23:48 IST New York, United States of America (USA) U.S. gold futures rose 0.5% at $1,987.20. Spot gold was up 0.4% at $1,967.29 per ounce by 1209 EDT (1609 GMT) on weaker-than-expected Chicago purchasing managers’ index (PMI)data Gold firmed on Wednesday supported by lower Treasury yields but the dollar’s … Read more