U.S. gold futures settled down 0.7% at $1,856.20.
Keep an eye on real interest rates: if they move up, gold may lose its sparkle
With the reports of Russian troops near Ukraine returning to their base, thereby easing the Russia-Ukraine tension, the Gold prices fall by 0.8% after reaching 8-month high prices.
Spot gold was up 0.4% at $1,877.96 per ounce, as of 0639 GMT, after hitting its highest level since June 11 at $1,879.48 earlier. U.S. gold futures rose 0.6% to $1,880.20
The prices of gold and silver vary across the country due to excise duty, state taxes, and making charges
Weighing on gold, the dollar and safe-haven currencies held their gains, while yields on the benchmark US 10-year Treasury note edged higher
U.S. gold futures rose 0.9% to $1,859.00 per ounce
The prices of gold and silver vary across the country due to excise duty, state taxes, and making charges
The prices of gold and silver vary across the country due to excise duty, state taxes, and making charges.
Gold has gained 0.8% so far this week as inflationary risks and geopolitical tensions lifted demand for the safe-haven asset.
The prices of gold and silver vary across the country due to excise duty, state taxes, and making charges.
A robust inflation reading is expected to burnish gold's appeal as an inflation hedge, but interest rate hikes would raise the opportunity cost of holding non-yielding bullion
Spot gold XAU= was up 0.1% at $1,827.20 per ounce as of 0957 GMT, trading in a narrow $5 range. U.S. gold futures GCv1 were steady at $1,828.40
Spot gold XAU= was up 0.1% at $1,826.76 per ounce, as of 0725 GMT, holding near previous session's high of $1,828.68, the strongest level since Jan. 26
The price of gold varies across the country due to excise duty, state taxes, and making charges
Spot gold rose 0.4% to $1,827.86 per ounce by 13:49 EST (1849 GMT), after hitting its highest since Jan. 26 at $1,828.12 earlier in the session.
The price of gold varies across the country due to excise duty, state taxes, and making charges
'The largest component of inflation currently, beyond the supply chain issues, is oil prices. And this is a problem no matter how high you move interest rates,'
The price of gold varies across the country due to excise duty, state taxes, and making charges
The price of gold varies across the country due to excise duty, state taxes, and making charges