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Gold hits 1-week high on softer dollar
Gold rebounds after six-session losing streak as dollar rally pauses
Gold prices rebounded on Monday, having posted losses in the previous six sessions, with gains driven by a pause in the U.S. dollar's rally, while investors await comments from the Federal Reserve officials for clarity on the interest rate trajectory.
Dollar rally pushes gold to near two-month low as traders await Fed cues
Markets are watching a heavy slate of U.S. economic data this week, including the release of the consumer price index for October.
Gold hits one-week high on softer dollar; markets await Fed cues
Prices rose 2% on Monday. U.S. gold futures gained 0.5% to $2,627.60. The U.S.
dollar
pulled back as profit-booking kicked in after last week's stellar
rally
. A weaker
dollar
makes bullion less expensive for buyers holding other currencies. "Recent market ...
9h
on MSN
Rupee eyes breathing room as dollar rally stalls, importers may cap gains
The Indian rupee is likely to open steady on Tuesday and may look to make mild gains through the session as the dollar's post ...
2d
on MSN
Post-election market rally fades as dollar surges and Fed chief mentions the 'i' word
The market cooled as Wall Street experienced a sharp reality check following Donald Trump's win in the presidential election.
Money Metals Exchange
4d
The Relentless Dollar Rally is Slamming All Metals
The U.S. dollar's sharp 6.5% surge since early October is putting significant pressure on metal prices. However, ...
Bloomberg L.P.
6d
Dollar Rally Gains Momentum, Hitting Two-Year High
Good morning. The US
dollar
is on a scorching run, sending other currencies lower in its wake. Some 70 million Netflix ...
1d
Gold Rises, Recovering Some Losses as Dollar-Surge Tapers Off
Gold futures rose 0.8% to $2,589.80 a troy ounce, recouping some lost ground as the U.S. dollar's rally slows. The precious ...
Wall Street Journal
4d
Stock Market Today: Dollar Extends Rally; Stock Futures Tick Higher
The
dollar
keeps powering higher. After strengthening nearly 3% since Election Day, the greenback is trading at a roughly two-year high, the WSJ
Dollar
Index shows. The move is rippling across the ...
4d
Pound Erases This Year’s Advance as Dollar Rally Gains Momentum
The pound has relinquished its advance against the dollar this year as investors anticipating stronger US growth and ...
4d
Cardi B ‘Came Out Of Pocket’ For Her Kamala Harris Rally Appearance: ‘I Didn’t Get Paid A Dollar’
Self-declared history and politics buff Cardi B went back on her vow to stay uninvolved in this year’s election, endorsing ...
Reuters on MSN
5d
Another day of all-time low for rupee as dollar, US rates extend rally
MUMBAI (Reuters) - The Indian rupee is likely to dip to a lifetime low on Thursday in wake of the
dollar
and U.S. rates ...
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