Gold futures () opened Monday at $4,368.30 per troy ounce, up 0.9% from Friday’s closing price of $4,329.60. The price of gold rose above $4,400 in early trading. Rising geopolitical risk following a US attack in Venezuela supported demand for gold. The United States captured Venezuelan President Nicolás Maduro and his wife and transported them…
Gold futures (GC=F) opened Monday at $4,568 per troy ounce, up 0.3% from Friday’s closing price of $4,552.70. The price of gold fell below $4,500 after hitting an all-time high in early trading. Investor profit-taking and reported progress on a peace deal in Ukraine may have contributed to gold’s pullback from its record high on…
Gold futures opened Monday at $4,330 per troy ounce, nearly on par with Friday’s closing price of $4,328.30. The price of gold moved above $4,370 in early trading. After the long-awaited rate cut by the Federal Reserve last week, gold traders are eagerly awaiting the next rate action from the Federal Reserve. One complication (for…
Gold futures () opened at $4,228.10 per troy ounce on Monday, down 0.4% from Friday’s closing price of $4,243. The price of gold fell in early trading. The US central bank’s policy-making committee will meet on Tuesday and Wednesday to confirm or adjust interest rates. Analysts and investors largely expect a quarter-point rate cut. CME…
Gold futures (GC=F) opened Monday at $4,218.50 an ounce, down 0.9% from Friday’s closing price of $4,254.90. In early trading, the price of the precious metal rose to almost $4,300. Gold’s latest rise coincides with declines in cryptocurrencies and stock futures, a sign that investors could be de-risking their portfolios in early December. Early this…
Gold futures (GC=F) opened at $4,069.20 an ounce on Monday, down 0.3% from Friday’s close of $4,079.50. The price of gold has remained below $4,100 since November 19. The short-term interest rate outlook continues to influence the demand and price of the yellow metal. Traders are currently predicting a 73.5% chance that the Federal Reserve…
Gold futures () opened at $4,084.40 an ounce on Monday, down 0.2% from Friday’s close of $4,094.20. The price of gold fell in early trading. Low gold prices coincide with increased uncertainty about the Federal Reserve’s next move on interest rates. The policymaking committee will meet Dec. 9-10 to decide whether a third rate cut…
Gold futures (GC=F) opened at $4,007.20 an ounce on Monday, unchanged from Friday’s close of $4,009.80. The price of gold quickly surpassed $4,100, sending gold futures up 56% since the beginning of the year. There is a real mix of market influences, but gold prices remain higher or at least stable. For one thing, the…
Gold futures () opened at $4,001 an ounce on Monday, up 0.5% from Friday’s close of $3,982.20. The price of gold has remained between $3,910 and $4,040 since October 28. Over the weekend, China announced a change in its tax policy on gold. Previously, the country allowed retailers to offset a 13% value-added tax when…
Gold futures (GC=F) opened at $4,103.20 an ounce on Monday, down 0.4% from Friday’s close of $4,118.40. This is the first drop from the previous day’s closing number that we have seen since the summer. Gold’s slide continues a week after gold hit record highs, as many experts believe gold has been overbought in recent…
