Markets are dismissing gold as a hedge against inflation, despite Trump's policies potentially raising US inflation.
(Reuters) - Gold prices extended losses on Thursday, nearing a two-month low pressured by a strong U.S. dollar, while ...
The dollar index (DXY00) today is up by +0.04% and posted a new 1-year high. Today’s strength in US economic news may keep ...
Gold fell more than 4% in the four days after Election Day, while the broad U.S. stock market climbed nearly 4%.
Gold held a four-day drop as a sharp rally in the dollar weighed on the metal, even as US inflation data supported the case for another Federal Reserve rate cut next month. Bullion was steady ...
Qantas is targeting Air New Zealand’s upper-tier Airpoints members as it looks to grow its loyalty programme here beyond one ...
As the precious metals market gives up gains from a nearly year-long rally, Elon Musk and Vivek Ramswamy are preparing to ...
Qantas is targeting Air New Zealand’s upper-tier Airpoints members as it looks to grow its loyalty programme here beyond one ...
There are many factors that contribute to the current price of gold. Chief among these factors is the strength of the US dollar. Traditionally gold has an inverse relationship to the value of the ...
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From the US, October PPI is due for release today. Yesterday's CPI print was largely in line with expectations (see more in section below) hence it will be interesting to see if October PPI data ...