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Gold slips to 2-month low on dollar strength
Gold slips to 2-month low on dollar strength; focus on US data
Markets are dismissing gold as a hedge against inflation, despite Trump's policies potentially raising US inflation.
Gold Futures Slide on Strengthening Yields, U.S. Dollar
Gold futures fall for the fifth consecutive session. Futures are down 1.1% to $2,559.20 a troy ounce, and fall 5.4% on week. The precious metal’s weakness reflects potentially restrictive U.S. monetary policy in 2025 under Trump,
Gold slumps to 2-month low as dollar marches on; Fed signals in focus
Gold prices fell to a two-month low on Thursday, pressured by a strong dollar rally, though traders have not lost confidence in a December rate cut following the latest U.S. economic data. Spot gold fell 0.
3h
Gold Holds Near Two-Month Low as Powell Flags Rate-Cut Restraint
Gold held near a two-month low amid persistent strength in the dollar, with traders winding back expectations for a Federal ...
Hosted on MSN
2h
Senator Lummis proposes swapping Federal Reserve’s gold for Bitcoin reserves
Senator Cynthia Lummis has a plan. In a sweeping move that would upend the U.S. financial status quo, the Wyoming Republican ...
6h
Gold just logged its longest losing streak since February
Gold prices on Thursday marked a fifth straight session decline, marking the longest streak of daily losses since ...
12h
on MSN
With gold's price high should beginners still invest? Experts weigh in
Finally, by investing in gold as a beginner — when just starting your portfolio, you have more time to enjoy its benefits. As ...
1d
IMF urged to cash in on gold price to help poor countries hit by climate change
The International Monetary Fund should sell 4% of its gold to help offer debt relief to low income countries devastated by ...
21h
on MSN
Trump victory drives gold to near 2-month lows as investors pile into equities, cryptocurrencies
The recent slide — gold has declined in six of the seven sessions since Trump’s victory — follows a series of record-breaking ...
1d
on MSN
How far has gold's price dropped in November?
That price marks a 26% jump from where the metal started the year — but a 5% drop from where it started in November, erasing ...
10h
on MSN
Trump’s Ally Lummis Pushes to Sell Some of the Fed’s Gold to Buy Bitcoin
An ally of Donald Trump in the US Senate has a plan for filling up the president-elect’s proposed strategic Bitcoin stockpile ...
3d
Gold ETFs are finally joining the party
Gold prices have been on a tear all year, but the love hasn't transferred to exchange-traded funds that invest in the precious metal. But now, the tides are turning.
Hosted on MSN
17h
Gold slips to near 2-month low on dollar strength; focus on US data
(Reuters) -
Gold
prices extended losses on Thursday, nearing a two-month low pressured by a strong U.S. dollar, while ...
CBS News
1d
How gold prices reflect inflation expectations
The result is a market where perception often moves prices before economic fundamentals catch up. Federal
Reserve
decisions ...
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