Gold prices trim some weekly gains on tempered rate cut hopes – Investing.com
Investing.com — Gold prices fell slightly on Friday, paring some of this week’s gains, as comments from a number of Federal Reserve officials gave a more subdued outlook on interest rate cuts. The yellow metal rose to nearly $2,400 an ounce this week on the heels of weak U.S. economic data. However, it fell back […]
Market experts share 4 ways to make money on rising gold prices – Investing.com
Since the start of the year, gold has gained 12.8% in USD terms, outpacing gold’s 2.8%, 4.3% and long-term U.S. Treasuries’ 20.4%. In a recent note, a financial research firm outlined four ways investors can gain exposure to rising gold prices. gold price rises In early 2024, gold prices soared to new record levels, with […]
Gold prices steady with rate cuts, M.East peace talks in focus – Investing.com
Investing.com — Gold prices fell slightly in Asian trading on Tuesday as rising unrest in the Middle East provided limited support, but the focus remained on potential interest rate cuts from the Federal Reserve. Gold prices rose on Monday after Israel launched a series of attacks on Rafah in southern Gaza, a move that complicated […]
Gold prices rise tracking dollar weakness as weak payrolls put rate cuts in focus – Investing.com
Investing.com — In Asian trading on Monday, weaker-than-expected U.S. jobs data led traders to increase bets on an eventual interest rate cut by the Federal Reserve, taking advantage of recent dollar weakness. Gold prices rose in Asian trading on Monday. However, gold’s gains were capped as Friday’s economic data prompted investors to move money into […]
Gold prices tread water as rate fears grow ahead of nonfarm payrolls – Investing.com
Investing.com — Gold prices were little moved in Asian trading on Friday as markets continued to dislike the yellow metal ahead of important U.S. jobs data, but the prospect of higher interest rates for an extended period of time pushed gold lower for the week. It is expected to decline. The yellow metal had tumbled […]
Asian stocks rise as tech boost offsets Fed jitters; China leads By Investing.com – Investing.com
Investing.com — Most rallied on Monday as technology stocks tracked big gains in their Wall Street peers while Chinese markets rose after the government further eased some restrictions on the real estate market. Asian stocks rose. Regional markets have overcome concerns about a long-term rise in US interest rates following solid inflation data released last […]
Asia FX sees some relief as dollar retreats, yen at 34-year lows – Investing.com
Investing.com — Most Asian currencies rose slightly on Wednesday as a weaker dollar brought some relief to regional markets, although the Japanese yen continued to underperform despite concerns about government intervention. The dollar retreated further from recent five-month highs this week as some Purchasing Managers Index data were weak. But persistent bets on longer U.S. […]
Gold prices steady below $2,400; Rate fears, dollar pressure persist By Investing.com – Investing.com
Investing.com — Gold prices recovered from overnight declines in Asian trade on Thursday, but remain below recent highs as concerns about longer-term interest rates and strong dollar pressure remain. Ta. The yellow metal soared to record highs last week as safe-haven demand soared after Iran launched attacks against Israel. But fears of an escalation of […]
US stock futures inch higher as rate-driven rout eases – Investing.com
Investing.com — U.S. stock index futures rose slightly in Tuesday night trading as Wall Street appeared to be stabilizing after concerns about longer-term interest rates caused a series of steep losses. However, risk appetite remains fragile, especially given continued geopolitical tensions in the Middle East, and Fed officials reiterated the central bank’s outlook for interest […]
Surging US energy shares reflect robust growth, inflation worries – Investing.com
Louis Krauskopf NEW YORK (Reuters) – U.S. energy stocks are soaring as investors look to protect their portfolios from a worrying resurgence in inflation while benefiting from higher oil prices and a better-than-expected economy. The energy sector is up about 17% in 2024, roughly doubling the year-to-date return of the broader index. Its rally has […]