Gold fell for a fourth straight session on Tuesday, weighed down by a firm dollar and diminished prospects of a U.S. interest rate cut next month. FUNDAMENTALS * Spot gold was down 0.1% at $4,038.43 per ounce, as of 0104 GMT. U.S. gold futures for December delivery fell 0.9% to $4,037.50 per ounce. * The…
Gold prices edged up on Friday and were on track for a weekly gain, supported by a weaker dollar, although gains were kept in check as hawkish comments from the U.S. Federal Reserve officials doused hopes for an interest rate cut in December. FUNDAMENTALS Spot gold was up 0.2% at $4,180.57 per ounce, as of…
Gold prices edged higher on Tuesday to hover near all-time highs, as strong safe-haven demand and hopes of further interest rate cuts from the U.S. Federal Reserve boosted demand for the precious metal. FUNDAMENTALS * Spot gold was up 0.2% at $4,363.58 per ounce, as of 0106 GMT, having hit a record high of $4,381.21…
Gold prices rose on Monday to hover near an all-time high, supported by a weaker dollar and growing expectations that the Federal Reserve is likely to continue with interest rate cuts later this year. FUNDAMENTALS * Spot gold was up 0.5% at $3,776.72 per ounce as of 0150 GMT. Bullion hit a record of $3,790.82…