Gold Starts Week with Sharp Decline as Oil, Interest Rate Pressures Strengthen
19 Articles
19 Articles
Oil prices rose by about 3% as peace talks between America and Iran stalled, while gold declined by 2.87% owing to oil rises and bond returns and increased prospects for raising American interest.
The price of gold fell significantly on Monday, following on from last week's price losses. In the morning, a fine ounce (about 31.1 grams) was traded on the London Stock Exchange at $4,190, which is about three percent lower than on Friday. In the course of a week, the price of gold has already fallen to about $200 per fine ounce.
Gold Loses Ground as Rising Oil Prices Fuel Inflation Fears - ActionForex
Gold fell over 3% in sharp acceleration on Monday after President Trump rejection of Iran’s proposal for easing tensions in the region and re-opening Straight of Hormuz, lifted oil prices and fueled inflation fears, boosting expectations for more aggressive Fed’s stance on interest rates. Gold price fell to the lowest in nearly two months, in […]
The price of spot gold plunged more than 3%, trading below $4,160 an ounce, while silver, platinum and palladium also fell
Gold and silver prices fell sharply on Monday, amid falling bond yields. Gold futures fell 3.34% to $4,176.80,… Gold prices “sink” - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
