Gold prices plunged about 3% on Monday, breaking a five-session rally to its highest in nearly three weeks, as reports of ...
Gold prices dropped sharply on Monday on a "corrective pullback from recent solid gains and some profit-taking from the shorter-term futures traders," said Jim Wyckoff, senior analyst at Kitco.com.
Gold prices experienced a significant drop due to hopes of a Lebanon-Israel ceasefire and the announcement of Scott Bessent as US Treasury Secretary.
Gold was lower in early Asian trade after the precious metal fell 3.4% on Monday, its biggest daily percentage decline since early November.
Gold has still climbed roughly 30% this year, supported by central bank purchases and the Fed’s pivot to rate cuts. Haven ...
World markets cheered the selection of fund manager Scott Bessent as U.S. Treasury Secretary on Monday on hopes he might ...
Gold futures tumbled after Donald Trump indicated he would nominate Wall Street veteran Scott Bessent as Treasury secretary. Traders wagered that Bessent would moderate Trump's approach to tariffs, ...
On the international front, gold prices decreased by $43 to $2,672 per ounce (31.10 grams). Spot gold dropped 1% to $2,686.73 ...
DXY retreats from two-year peak as 10-year yields drop to 4.361%. Markets await Fed minutes and inflation data for insights ...
Wall Street indexes gained ground, with the S&P 500 and the Dow touching record highs as investors were encouraged by Donald ...
MSCI's global equities gauge rose and U.S. government bonds rallied while the dollar fell on Monday as investors welcomed the ...
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