Keywords: Gold price
Gold declined sharply and moved below 4,200 dollars per ounce for the first time since late March. The metal traded at 4,190.62 dollars, marking a daily drop of 1.65 percent. The move extended a broader selloff that has erased the year to date gains in gold and challenged its role as a safe haven during......
Gold and silver fell sharply to their lowest levels of 2026 after the United States carried out military strikes against Iran. The move followed a period of rising geopolitical tension in the Middle East and triggered a broad selloff across precious metals markets already sensitive to interest rate expectations. Gold......
Gold prices have retreated sharply from recent highs, with spot and futures contracts trading around $4,365 per ounce in early June 2026. The metal previously reached a record above $5,400 in January before entering a sustained correction phase that has now lasted three months. The decline has been driven......
Gold prices rose slightly in Asian trading on Thursday as the US dollar softened, with investors reassessing the outlook for diplomacy between Washington and Tehran. The move followed a period of tight trading, with gold hovering near 4,485 dollars per ounce earlier in the week amid volatile geopolitical......
Gold prices declined to their lowest level in six weeks as rising US Treasury yields and a stronger dollar reduced demand for non-yielding assets. The metal traded near 4,540 dollars per ounce after extending a month-long correction that has erased roughly 6 percent of its value. The downturn reflects......
Global central banks are expected to significantly expand their gold purchases throughout 2026, reinforcing a long-term shift in reserve management strategies. A new outlook from Goldman Sachs projects average monthly acquisitions of around 60 tons, even as gold prices have recently retreated from record......
Gold prices fell to a one-week low on Friday, extending a multi-session decline as rising oil prices and inflation concerns strengthened the US dollar and weighed on precious metals. The move marked a fourth consecutive losing session for gold, reflecting growing pressure from higher US Treasury yields......
Gold prices fell to their lowest level in nearly two weeks on Friday, putting the metal on track for its first weekly decline in five weeks as a stronger US dollar and rising oil prices weighed on demand. Spot gold dropped to around 4,661 dollars per ounce during early Asian trading before recovering......
HSBC and OCBC are advising investors to use recent price swings in gold to build positions, arguing that structural drivers remain supportive despite heightened volatility. Strategists at both institutions point to a weaker US dollar and persistent fiscal risks as key forces underpinning the precious......
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