Gold prices ended a choppy, two-sided trading session higher yesterday as tensions between the U.S. and North Korea escalated.
Gold has erased its earlier losses and is trading near unchanged in afternoon U.S. trading. Prices are stalling after Friday’s downside price action
Gold prices ended Monday nearly unchanged after a quiet session as investors await speeches from Federal Reserve officials.
Gold ended the week down by 0.9% at $1258.72 as investors took profits from a recent rally that pushed the market to the highest level in six weeks and the dollar got a boost from a massive gain of 209000 jobs in July.
Gold is modestly higher in U.S. trading Thursday. XAU/USD climbed back above the $1264 level earlier in the day
Gold prices fell $2.33 an ounce on Wednesday, moving away from a six-week high struck the previous day.
Gold prices are slightly higher in U.S. trading Wednesday, following the disappointing ADP jobs report.
Gold markets initially fell during the month, but found enough support just above the $1200 level.
Gold prices ended a choppy, two-sided trading session slightly lower yesterday, with many investors in wait-and-see mode ahead of key U.S. economic data.
Gold prices rose in afternoon U.S. trading, recouping earlier losses, as soft U.S. economic data raised doubts about the path for higher interest rates.
Gold prices settled at $1269.35 an ounce on Monday, rising 2.3% on the month, as investors grew more cautious on prospects for U.S. growth and the path for higher interest rates.
Gold prices are slightly lower in afternoon New York trading as some investors locked in gains at the end of the month
Gold ended the week up by 1.1% at $1268.90, the highest level since June 14, as the dollar came under fresh pressure on speculation that the Federal Reserve will likely wait at least until December to lift interest rates again.
Gold markets went back and forth on Thursday in rather wild trading as Wall Street was out-of-control to say the least.
Gold prices ended Thursday’s session down $1.57, pressured by the dollar’s bounce on better-than-expected U.S. economic data.