Gold holds above $1,500 ahead of this week’s Fed meeting

2019-10-28

Gold futures edged lower Monday but held above the psychologically important level of $1,500 an ounce as traders await this week’s Federal Reserve policy meeting. Gold for December delivery GCZ19, -0.33%  on Comex fell $4.30, or 0.3%, to $1,501 an ounce, while December silver SIZ19, -0.06%  edged 1.9 cents higher,Read More →

Gold under pressure for a second straight session

2019-08-29

Gold prices headed lower for a second straight session Thursday, pulling back from the more-than-six year highs seen earlier this week, as China calmed some fears over trade tensions, prompting gains in the stock market and dulling haven demand for the yellow metal. Geopolitical worries were soothed after a spokesmanRead More →

Gold prices retreat ahead of Fed minutes

2019-08-21

Gold futures pulled back on Thursday, ahead of the release of minutes of the Federal Reserve’s policy setting meeting on July 30-31 meeting which could provide further clues on the direction of monetary policy. Gold for December delivery GCZ19, -0.19%  was off $3.60, or 0.2%, at $1,512.10 an ounce, afterRead More →

Gold taps $1,400 for the first time since 2013

2019-06-20

Gold continued to push to new highs on Friday, moving past the $1,400-an-ounce level for the first time since 2013 as investors bet on easier monetary policy from the Federal Reserve and other central banks. August gold GCQ19, +0.13% GCQ19, +0.13% rose as high as $1,409.10 an ounce, before movingRead More →