Gold

Key points Spot gold increased by 0.3% to $2,387.37 per ounce. U.S. gold futures slipped 0.3% to $2,426.00 per ounce. Market sees a 72% chance of a 50 basis points rate cut in September. Spot gold prices rose 0.3% to …

Gold prices eased as profit-taking takes place but worries about recession and rising expectations of US interest rate cuts limited its downside.

Spot gold was down 0.1% at $2,380.31 per ounce, as of 0156 GMT. U.S. gold futures were little changed at $2,377.30.

Gold prices fell nearly 1% on Thursday as investors took profits ahead of key U.S. economic data. Spot gold dropped 0.9% to $2,377.29 per ounce by 0217 GMT, while U.S. gold futures declined 1.6% to $2,376.70.

Gold prices firmed on Monday as the dollar eased following U.S. President Joe Biden’s decision to withdraw from the 2024 presidential race. Investors turned to bullion as a hedge against an uncertain political and market outlook.

Gold prices near record highs as anticipation of a US Fed rate cut boosts demand. Find out more about the factors driving the surge in gold.

Key points Spot gold remained at $2,422.12 per ounce, close to its recent high of $2,449.89. U.S. gold futures slightly dipped by 0.1% to $2,425.60. Gold prices have shown resilience, holding their ground at $2,422.12 per ounce as of 0021 …

Spot gold prices decreased by 0.2% to $2,407.29 per ounce as of 0049 GMT. Concurrently, U.S. gold futures saw a 0.4% decline to $2,411.20. Learn how the firming dollar, spurred by political uncertainties and an attack on U.S. presidential candidate …

Gold prices experienced a slight uptick on Tuesday, reflecting cautious optimism among investors as they await critical economic updates. Spot gold rose by 0.2%, reaching $2,364.03 per ounce.

Gold prices saw a modest rise on Wednesday, gaining 0.1% to $2,331.41 per ounce by 0026 GMT, while U.S. gold futures rose 0.3% to $2,340.50. This increase comes as the U.S. dollar weakened, making gold more affordable for holders of …