Gold traded near $4,509 per ounce on Sunday and finished the week down roughly $30 to $35 as a firm dollar and climbing Treasury yields kept buyers cautious. Gold Faced Headwinds This Week Spot gold opened the May 17-24 period near $4,540 and spent most of the week oscillating between $4,480 and $4,566. Daily swings […]
The post Singapore Consumer Price Index (YoY) came in at 1.8 below forecasts (2) in April appeared on BitcoinEthereumNews.com.
Gold struggles to build on its modest Asian session gains to the $4,580 region, and remains below the top boundary of a range held over the past week amid mixed fundamental cues. Developments over the weekend spurred hopes for a potential US-Iran peace deal, undermining the US Dollar’s reserve currency status and lending support to the commodity. The US and Iran, however, remain at odds over key issues. Source: https://www.fxstreet.com/news/singapore-consumer-price-index-yoy-came-in-at-18-below-forecasts-2-in-april-202605250500
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Gold prices rose in United Arab Emirates on Monday, according to data compiled by FXStreet. The price for Gold stood at 538.82 United Arab Emirates Dirhams (AED) per gram, up compared with the AED 532.56 it cost on Friday. The price for Gold increased to AED 6,284.65 per tola from AED 6,211.69 per tola on friday. Unit measure Gold Price in AED 1 Gram 538.82 10 Grams 5,388.16 Tola 6,284.65 Troy Ounce 16,759.10 FXStreet calculates Gold prices in United Arab Emirates by adapting international prices (USD/AED) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly. Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the prec
The post Gold price in Pakistan: Rates on May 25 appeared on BitcoinEthereumNews.com.
Gold prices rose in Pakistan on Monday, according to data compiled by FXStreet. The price for Gold stood at 40,852.23 Pakistani Rupees (PKR) per gram, up compared with the PKR 40,378.29 it cost on Friday. The price for Gold increased to PKR 476,492.70 per tola from PKR 470,964.50 per tola on friday. Unit measure Gold Price in PKR 1 Gram 40,852.23 10 Grams 408,522.60 Tola 476,492.70 Troy Ounce 1,270,648.00 FXStreet calculates Gold prices in Pakistan by adapting international prices (USD/PKR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly. Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as
The post Gold price in India: Rates on May 25 appeared on BitcoinEthereumNews.com.
Gold prices rose in India on Monday, according to data compiled by FXStreet. The price for Gold stood at 14,075.33 Indian Rupees (INR) per gram, up compared with the INR 13,914.25 it cost on Friday. The price for Gold increased to INR 164,171.90 per tola from INR 162,293.10 per tola on friday. Unit measure Gold Price in INR 1 Gram 14,075.33 10 Grams 140,754.20 Tola 164,171.90 Troy Ounce 437,791.70 FXStreet calculates Gold prices in India by adapting international prices (USD/INR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly. Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven
The post Gold price in Malaysia: Rates on May 25 appeared on BitcoinEthereumNews.com.
Gold prices rose in Malaysia on Monday, according to data compiled by FXStreet. The price for Gold stood at 580.23 Malaysian Ringgits (MYR) per gram, up compared with the MYR 573.59 it cost on Friday. The price for Gold increased to MYR 6,767.67 per tola from MYR 6,690.19 per tola on friday. Unit measure Gold Price in MYR 1 Gram 580.23 10 Grams 5,802.30 Tola 6,767.67 Troy Ounce 18,047.01 FXStreet calculates Gold prices in Malaysia by adapting international prices (USD/MYR) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the time of publication. Prices are just for reference and local rates could diverge slightly. Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asse
The post Gold sticks to gains as Iran talks weigh on USD, upside seems limited appeared on BitcoinEthereumNews.com.
Gold (XAU/USD) builds on its modest bullish opening gap and climbs to a four-day high, around the $4,580 region, during the Asian session on Monday. Developments over the weekend spurred hopes for a potential US-Iran peace deal, which undermines the US Dollar’s (USD) reserve currency status and provides a goodish lift to the commodity. The US and Iran, however, remain at odds over key issues. This, along with hawkish US Federal Reserve (Fed) expectations, helps limit the USD losses and keeps the non-yielding yellow metal capped below the top boundary of a range held over the past week or so. Axios reported late Saturday, citing a US official, that the US and Iran are close to signing an agreement that involves a 60-day ceasefire extension during which the Strait of Hormuz would be reopened. Adding to this, US President Donald Trump said that the framework for a peace dea
Robert Kiyosaki warned that a financial crash is imminent, pointing to Jim Rickards’ gold outlook and his own silver forecast. The Rich Dad Poor Dad author said investors should prepare before panic spreads across markets. Kiyosaki Warns of Imminent Crash as Gold Forecast Draws Attention Robert Kiyosaki warned on May 22 that a financial crash […]
The post Gold slips below $4,500 as Fed fears rattle record run appeared on BitcoinEthereumNews.com.
Gold fell below $4,500 per ounce on Friday as both spot prices and New York futures dropped about 0.94 percent, extending a sharp pullback from this year’s record highs. Summary Spot and New York gold futures fell roughly 0.94 percent, breaking below $4,500 Contracts traded in a rough $4,497 to $4,536 range as the US dollar hit a six week high Rising oil above $97 per barrel revived bets on another Federal Reserve rate hike this year Early on May 22, gold slipped below $4,500 as spot and New York futures fell 0.94 percent, after the metal broke a key psychological level during New York trading. Why did gold fall below $4,500 today? In a widely cited follow up post, market watcher OnChainHutan said gold “slipped below $4,500, closing around $4,497.29 – $4,535.60 depending on the contract,” adding that the drop came as the US dollar hovered near a six week high and oil pushed above $97 pe
