Gold Rises on Softer Dollar, Lower Oil Prices - Trading and Investment News
4 Articles
4 Articles
The current rise in gold prices is primarily driven by technical factors, given that the Fed's hawkish message has largely been factored into the market.
www,finanzasdigital.com Gold advanced more than 1% this Thursday, supported by the weakening of the dollar and the fall in oil prices, while the...
Gold rises on softer dollar, lower oil prices - Trading and Investment News
Spot gold was up 1.2% at $4,312.05 per ounce after hitting a near six-week low on Wednesday Gold climbed more than 1% on Thursday as a softer dollar and easing oil prices lent support, while investors assessed the U.S. central bank’s latest rate hike and prospects for further policy tightening. Spot gold was up 1.2% […]
Key takeaways The price of gold rose slightly as market participants processed the Federal Reserve's latest interest rate decision, as well as the suggestion that further monetary tightening is on the way. The slight recovery follows a decline on Wednesday. At 11:35 a.m., spot gold was trading at $4,309 per ounce, while gold futures stood at $4,346. Changes […]
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