Gold prices rise from one-month low; Spot gold reaches $ 1,817.12 per ounce

Gold prices on Wednesday were lifted from near one-month lows by weaker Treasury yields, ahead of a potentially aggressive interest rate hike from the US Federal Reserve as it seeks to combat inflation amid mounting fears of an impending recession. Spot gold was up 0.5% at $ 1,817.12 per ounce as of 0229 GMT, after … Read more

Gold prices fall as dollar rises to highest since 2020

Gold prices fell on Wednesday as the dollar consolidated at its highest level in more than two years and pressured demand for greenback-priced bullion. Spot gold was down 0.4% at $ 1,898.48 per ounce, as of 0353 GMT. US gold futures slid 0.3% to $ 1,899.00. “So, $ 1,900 is clearly a pivotal level for … Read more