Gold tumbles 3% on reports of Israel-Hezbollah ceasefire, US Treasury pick
Gold prices plunged about 3% on Monday, breaking a five-session rally to its highest in nearly three weeks, as reports of ...
Gold prices drop after gaining more than 5% last week
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 Lower as Safe-Haven Appeal Sours
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's Sharp Drop: Ceasefire Optimism And Bessent's Impact On Markets
Gold prices experienced a significant drop due to hopes of a Lebanon-Israel ceasefire and the announcement of Scott Bessent as US Treasury Secretary.
InvestmentNews18h
Gold weakens amid Treasury pick, Fed rates expectation
Gold has still climbed roughly 30% this year, supported by central bank purchases and the Fed’s pivot to rate cuts. Haven ...
Stock market today: Dow surges 440 points to record high as investors cheer Bessent as Treasury pick
Stocks rallied and yields plunged as markets cheered Scott Bessent as Trump's pick to run the Treasury. The Dow and the ...
World stocks, bonds bounce on Bessent pick as US Treasury Secretary
World markets cheered the selection of fund manager Scott Bessent as U.S. Treasury Secretary on Monday on hopes he might ...
Materials Up, Gold Falls on Bessent Hopes -- Materials Roundup
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, ...
The Express Tribune7h
Gold plunges by Rs4,300 amid global decline
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 ...
Stocks climb while dollar falls as markets cheer US Treasury pick
Wall Street indexes gained ground, with the S&P 500 and the Dow touching record highs as investors were encouraged by Donald ...