Gold price on the world market this afternoon, August 29, fluctuated slightly. The world spot gold price is around $1,922.9/ounce, up $3.10/ounce compared to this morning. December gold futures traded at $1,950.8 per ounce, up $2.8 from this morning. Forecasting the gold price trend, the latest weekly Gold Survey results of Kitco News show that most retail...
Spot gold rose 0.3 percent to $1,919.41 an ounce. At the same time, US gold futures also increased 0.4 percent to $1,946.80. Accordingly, the depreciation of the dollar has made the price of gold more attractive to holders of other currencies. Fed Chairman Jerome Powell has said that to contain inflation that is still too high, the central bank may need to raise...
This week, 12 Wall Street analysts participated in Kitco News' gold survey. 42% think gold price will increase in the near future and 42% gold will decrease, 16% think gold price will move sideways. In an online poll, 69% expect gold to rise next week, 20% expect gold to fall, and more than 10% expect it to move sideways. The USD Index (a measure of the...
World gold price this morning tended to increase with spot gold increasing by 0.7 USD compared to last week's closing level to 1,915.5 USD/ounce. Last week, gold posted modest gains and ended a four-week losing streak. Gold remains resilient despite US Federal Reserve Chairman Jerome Powell signaling on Friday that the central bank will maintain its 2% inflation...
World gold price this morning tended to increase with spot gold increasing by 0.7 USD compared to last week's closing level to 1,915.5 USD/ounce. Last week, gold posted modest gains and ended a four-week losing streak. Gold remains resilient despite US Federal Reserve Chairman Jerome Powell signaling on Friday that the central bank will maintain its 2% inflation...
The international gold price remained stable despite the increase in the dollar and bond yields at the end of the session at dawn this morning Vietnam time. Although there are signs to be watched ahead of Federal Reserve Chairman Jerome Powell's keynote speech at the Jackson Hole symposium, the gold market holds steady gains. Spot gold prices edged up 0.1% to...
World gold price this morning was stable with spot gold up 0.9 USD to 1,916.3 USD/ounce. Gold futures in December last traded at $1,948.1 per ounce, down $1 from dawn yesterday. The gold market was quiet and did not react much to better-than-expected labor market data released on the evening of August 24 (Vietnam time). The recent US Labor Department report...
World gold price this morning was stable with spot gold up 0.9 USD to 1,916.3 USD/ounce. Gold futures in December last traded at $1,948.1 per ounce, down $1 from dawn yesterday. The gold market was quiet and did not react much to better-than-expected labor market data released on the evening of August 24 (Vietnam time). The recent US Labor Department report...
In the world, gold price increased mainly due to bottom-fishing demand when precious metal products stood at the threshold of 1,900 USD/ounce despite great pressure from USD. Investors also looked to gold while waiting for the annual symposium of the US Federal Reserve (Fed) to be held this weekend in Jackson Hole, Wyoming. The meeting brought together leaders of...
World gold price this morning rose with spot gold up 18.2 USD to 1,915.4 USD/ounce. December gold futures last traded at $1,948.1 per ounce, up $22.1 from dawn yesterday. The world gold price gained modestly after a series of quiet days thanks to the weakening of the USD. Early this morning, the US Dollar Index, which measures the volatility of the greenback,...
World gold price this morning rose with spot gold up 18.2 USD to 1,915.4 USD/ounce. December gold futures last traded at $1,948.1 per ounce, up $22.1 from dawn yesterday. The world gold price gained modestly after a series of quiet days thanks to the weakening of the USD. Early this morning, the US Dollar Index, which measures the volatility of the greenback,...
World gold price this morning continued to increase slightly with spot gold up 2.9 USD to 1,897.2 USD/ounce. December gold futures last traded at $1,926.0 per ounce, up $2.30 from dawn yesterday. World gold price increased slightly in yesterday session 22-8. Short-term offsets and some light bargain hunting are believed to have been the hallmarks of the precious...
World gold price this morning continued to increase slightly with spot gold up 2.9 USD to 1,897.2 USD/ounce. December gold futures last traded at $1,926.0 per ounce, up $2.30 from dawn yesterday. World gold price increased slightly in yesterday session 22-8. Short-term offsets and some light bargain hunting are believed to have been the hallmarks of the precious...
According to Kitco, the world gold price recorded at 5:00 am today in Vietnam time for spot at 1,898,220 USD/ounce. Converting at the current exchange rate at Vietcombank, world gold is about 54,053 million VND/tael (excluding taxes and fees). Thus, the price of gold bars of SJC is still higher than the international gold price of 12,997 million...
According to Kitco, the world gold price recorded at 5:00 am today in Vietnam time for spot at 1,898,220 USD/ounce. Converting at the current exchange rate at Vietcombank, world gold is about 54,053 million VND/tael (excluding taxes and fees). Thus, the price of gold bars of SJC is still higher than the international gold price of 12,997 million...
Since that meeting, key data has shown that price and wage pressures continue to ease, which should reinforce the possibility of an end to rate hikes. Even so, strong indicators of labor market activity and consumer spending could also make policymakers uneasy about the outlook for inflation to continue to ease. World gold still traded at the lowest level within...
Since that meeting, key data has shown that price and wage pressures continue to ease, which should reinforce the possibility of an end to rate hikes. Even so, strong indicators of labor market activity and consumer spending could also make policymakers uneasy about the outlook for inflation to continue to ease. World gold still traded at the lowest level within...
World gold price in the early morning increased slightly with spot gold up 2.7 USD to 1,894.3 USD/ounce. Gold futures in December last traded at $1,923.7 per ounce, up $0.7 from dawn yesterday. World gold still traded at the lowest level within 5 months in the first session of the week. The precious metal's rally is still being capped by rising US Treasury...