Dollar-denominated commodities lost ground, led by gold, which is particularly sensitive to moves on foreign-exchange markets. Gold futures lost 0.6% to $2612.30 per ounce, and is now down more than 6 ...
El Salvador’s congress overturned a blanket ban on metal mining in a bid to find new sources of economic growth, handing a win to President Nayib Bukele despite criticism over the measure from ...
Gold's renewed decline today comes as the US dollar and Treasury yields resume their gains after the correction they suffered last Friday. While this pressure comes mainly from the escalation of ...
Regarding UBS's gold price forecast, Arundhati Sarkar wrote: “UBS also retains its bullish view on gold over the next 12 months, forecasting the yellow metal to reach $2,900/oz by the end of next year ...
Front Month Comex Gold for December delivery lost $16.40 per troy ounce, or 0.62% to $2612.30 today --Off 6.32% from its 52-week high of $2788.50 hit Wednesday, Oct. 30, 2024 --Up 31.25% from its ...