GLD Jan 2024 176.000 call
- Investing.com
Gold prices rise as dollar comes off six-mth peak, but outlook dim
Investing.com-- Gold prices rose slightly on Friday, taking some relief as the dollar retreated from a six-month high, although the prospect of higher-for-longer interest rates, following a hawkish stance from the Federal Reserve, presented a weak outlook.
- Investing.com
Gold Prices Drop as US Dollar Surges Following Federal Reserve’s Policy Meeting
Gold prices took a tumble on Thursday, following Wednesday's Federal Reserve policy meeting. The central bank's decision to hold its benchmark interest rate steady and indications that these rates will remain high throughout next year led to a sharp rise in the U.S. dollar value.
- Investing.com
Gold prices retreat as U.S. Fed signals tighter monetary policy
Gold prices experienced a dip on Thursday, influenced by the U.S. Federal Reserve's hardened hawkish policy stance. This led to a stronger U.S. dollar and higher bond yields, which further discouraged the buying of non-interest-paying bullion. Spot gold slid by 0.3% to $1,924.68 per ounce, and U.S. gold futures fell by 1.1% to $1,944.90.
