Gold poised for worst week in 3 years as US dollar rallies
Gold prices steadied near the previous session's two-month lows on Friday and were poised for their worst weekly performance in over three years as a rallying U.S. dollar and expectations of less aggressive interest rate cuts by the Federal Reserve pressured the precious metal.
A cooling gold price could cause investors to readjust their strategy but dramatic adjustments may not be needed if investors ...
Spot gold fell 0.2% to $2,568.69 per ounce as of 12:26 p.m. ET (1726 GMT), touching its lowest level since Sept. 12.
Investor preferences seem to have shifted from gold to equities amid confidence in the President-elect's economic policies.
Here are three smart moves to consider while gold prices are on the decline: ...
Markets are dismissing gold as a hedge against inflation, despite Trump's policies potentially raising US inflation.
Gold prices edged up on Wednesday as investors hunted for bargains after steep declines in the previous session, while ...
Gold is on track for its worst week in more than three years as Donald Trump’s US election victory and a strong dollar send bullion’s historic rally into reverse.
Investopedia on MSN9d
Why Is Gold Falling After Trump's Election Win?Rising bond yields, rallying stocks and a surging U.S. dollar all weighed on the price of gold in the wake of former ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback