global Gold prices

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

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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

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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